Funding you earn now, next payment 00:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.63 per $10,000 · paid last 24h +0.015%
Price spread now: OKX against Bitget+0.122%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1081.078% of the position
Funding, last 7 days+0.231%+$23 on $10k
+Price spread, last 4 days (all we have)−0.202%−$20 · spread now +0.122%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.091% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GLMUSDT | 0.1227 | −0.0026 | get 0.0013% / 4h | 2h 10m | $309K | $201K | 25x |
| Short | OKX GLM-USDT-SWAP | 0.1229 | 0.0100 | get 0.0050% / 4h | 2h 10m | $426K | $389K | 20x |
Bitget GLMUSDT
OKX GLM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $26.46
- Price spread: +0.122% → +0.031%
- $9.09
- Slippage, 4 orders
- −$85.83
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$72.28
- Costs to cover
- 1.078%
- Break-even
- 26.1 days
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 10 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 4 min ago | 12.20 bp | 25.3 bp −$25 | 121.9 bp −$1,219 | doesn't fit | doesn't fit |
| Sell OKX live order book, 10 min ago | 5.28 bp | 25.3 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
GLM on 8 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GLMUSDTlong | −0.0026% | 4h | 0.1227 | long leg | $309K | $201K | 25x | |
| BingX GLM-USDT | +0.0014% | 4h | 0.1228 | +0.090% | — | $1.3M | — | as long as short |
| Binance GLMUSDT | +0.0100% | 4h | 0.1228 | +0.077% | $1.6M | $1.3M | 50x | as long as short |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1229 | +0.187% | $620K | $252K | 25x | as long as short |
| OKX GLM-USDT-SWAPshort | +0.0100% | 4h | 0.1229 | +0.122% | $426K | $389K | 20x | |
| Gate GLM_USDT | +0.0100% | 4h | 0.1229 | +0.163% | $71K | $49K | 50x | as long as short |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1228 | +0.073% | $5.4M | $112K | 50x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1231 | +0.293% | $7K | $493 | — | as long as short |
BingX GLM-USDT
Binance GLMUSDT
Bybit GLMUSDT
Gate GLM_USDT
MEXC GLM_USDT
Variational Omni GLM