Settings8H · net · $10k
Funding arb · Price arb /

GLM

all GLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.016%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$910.909% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.100%+$10 on $10k
Price spread, last 4 days (all we have)+0.110%+$11 · spread now +0.016%, 7d avg +0.099%
Together, before fees+0.209%+$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.083% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC GLM_USDT0.12380.0100pay 0.0050% / 4h2h 55m$5.3M$131K50x
ShortBybit GLMUSDT0.12380.0100get 0.0050% / 4h2h 55m$610K$243K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.016% → +0.099%
−$8.25
Slippage, 4 orders
−$71.9
Fee MEXC: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$99.15
Costs to cover
0.909%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago2.42 bp10.1 bp −$1043.2 bp −$43289.2 bp −$8,923doesn't fit
Sell Bybit live order book, 30 min ago4.46 bp33.3 bp −$33378.5 bp −$3,785doesn't fitdoesn't fit

GLM on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GLM-USDT+0.0070%4h0.1240+0.202%$1.3Mas long as short
Binance GLMUSDT+0.0100%4h0.1236−0.150%$1.5M$1.5M50xas long as short
Bybit GLMUSDTshort+0.0100%4h0.1238+0.016%$610K$243K25x
OKX GLM-USDT-SWAP+0.0100%4h0.1236−0.162%$430K$315K20xas long as short
Gate GLM_USDT+0.0100%4h0.1239+0.097%$69K$44K50xas long as short
MEXC GLM_USDTlong+0.0100%4h0.1238long leg$5.3M$131K50x
Bitget GLMUSDT+0.0100%4h0.1238+0.016%$305K$130K25xas long as short
Variational Omni GLM+0.0100%4h0.1239+0.134%$8K$2Kas long as short