Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX−0.016%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1051.051% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now −0.016%, 7d avg −0.058%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.042% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GLM-USDT-SWAP | 0.1233 | 0.0100 | pay 0.0050% / 4h | 25m 17s | $433K | $391K | 20x |
| Short | Binance GLMUSDT | 0.1233 | 0.0100 | get 0.0050% / 4h | 25m 17s | $1.5M | $1.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $0
- Price spread: −0.016% → −0.058%
- $4.19
- Slippage, 4 orders
- −$85.15
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$100.96
- Costs to cover
- 1.051%
- Break-even
- never at this rate
Slippage from OKX: live order book, 50 min ago; Binance: live order book, 8 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 OKX live order book, 50 min ago | 4.47 bp | 36.2 bp −$36 | 6632.8 bp −$66.3K | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.62 bp | 22.5 bp −$23 | 110.0 bp −$1,100 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX GLM-USDT | +0.0070% | 4h | 0.1234 | +0.049% | — | $1.3M | — | as long as short |
| Binance GLMUSDTshort | +0.0100% | 4h | 0.1233 | −0.016% | $1.5M | $1.3M | 50x | |
| Bybit GLMUSDT | +0.0100% | 4h | 0.1234 | +0.097% | $623K | $251K | 25x | as long as short |
| OKX GLM-USDT-SWAPlong | +0.0100% | 4h | 0.1233 | long leg | $433K | $391K | 20x | |
| Gate GLM_USDT | +0.0100% | 4h | 0.1233 | 0.000% | $70K | $50K | 50x | as long as short |
| MEXC GLM_USDT | +0.0100% | 4h | 0.1232 | −0.057% | $5.4M | $111K | 50x | as long as short |
| Bitget GLMUSDT | +0.0100% | 4h | 0.1232 | −0.081% | $310K | $204K | 25x | as long as short |
| Variational Omni GLM | +0.0100% | 4h | 0.1234 | +0.118% | $7K | $493 | — | as long as short |
OKX GLM-USDT-SWAP
Binance GLMUSDT
BingX GLM-USDT
Bybit GLMUSDT
Gate GLM_USDT
MEXC GLM_USDT
Bitget GLMUSDT
Variational Omni GLM