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

GLM

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.073%−$7 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GLM-USDT-SWAP0.12330.0100pay 0.0050% / 4h25m 17s$433K$391K20x
ShortBinance GLMUSDT0.12330.0100get 0.0050% / 4h25m 17s$1.5M$1.3M50x

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 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% → −0.058%
$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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 50 min ago4.47 bp36.2 bp −$366632.8 bp −$66.3Kdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago1.62 bp22.5 bp −$23110.0 bp −$1,100doesn'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%4h0.1234+0.049%$1.3Mas long as short
Binance GLMUSDTshort+0.0100%4h0.1233−0.016%$1.5M$1.3M50x
Bybit GLMUSDT+0.0100%4h0.1234+0.097%$623K$251K25xas long as short
OKX GLM-USDT-SWAPlong+0.0100%4h0.1233long leg$433K$391K20x
Gate GLM_USDT+0.0100%4h0.12330.000%$70K$50K50xas long as short
MEXC GLM_USDT+0.0100%4h0.1232−0.057%$5.4M$111K50xas long as short
Bitget GLMUSDT+0.0100%4h0.1232−0.081%$310K$204K25xas long as short
Variational Omni GLM+0.0100%4h0.1234+0.118%$7K$493as long as short