GLM Funding Rate — live across 6 venues

Perpetual funding · compared across 6 venues · net of estimated fees · updated every few minutes

Live annualized GLM perpetual funding across all 6 venues Perpia tracks. Right now GLM funding is positive on 3 and negative on 3, ranging from +10.9% on OKX to -44.9% on Bitget — a spread of 55.8%. The widest delta-neutral trade is long Bitget / short OKX at 51.3% net APR.

6venues

3paying positive

55.8%funding spread

Best GLM spread now

51.3%

net APR after fees

LongBitget↗→ShortOKX↗

size depends on live venue depth — see the real cap in the scanner

GLM funding trend & liquidity

168h of history

55.8%current gross APR

40.0%24h average

15.0%7-day average

$237Kpair OI · lower leg

$73K24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

GLM · Bitget → OKX — no history

Loading GLM rate history…

Build a route

any two of the 6 venues

Long (pays you)every 4hShort (you collect)every 4h

Gross spread+55.8%+$15.30 / day on $10,000

Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 6 venues

Venue	Funding APR ↓	Interval
OKX↗short	+10.9%	every 4h
Bybit↗	+10.9%	every 4h
BingX↗	+9.6%	every 4h
below — these venues pay the longs: this is the leg you buy
Binance↗	−7.8%	every 4h
MEXC↗	−8.1%	every 4h
Bitget↗long	−44.9%	every 4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Bitget vs OKX page. 11 pairs scanned for GLM.

GLM arbitrage — 30-day backtest

long Bitget · short OKX

5.8%backtested APR

+$48historical net P&L on $10,000

0.03%max drawdown

$10,000$10,048

30 days agostarting capital $10,000today

Over the last 30 days, holding long Bitget / short OKX would have produced 5.8% APR — versus the 51.3% the live spread implies right now (equity $10,000 → $10,048). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

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GLM — FAQ

Is GLM funding positive right now?

GLM perpetual funding is positive on 3 of 6 venues Perpia tracks and negative on 3. The highest is +10.9% on OKX; the lowest is -44.9% on Bitget.

What is the best GLM funding arbitrage right now?

Go long Bitget and short OKX for about 51.3% net APR after fees — the widest delta-neutral GLM spread Perpia currently sees.

Which exchange has the highest GLM funding rate?

OKX, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How GLM funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to GLM

also quoted on both Bitget and OKX

The same two exchanges you would already have funded for the GLM trade. Every spread between them is on the Bitget vs OKX page.

Open the live scanner →All funding rates Funding by exchange How we calculate this