GLM funding rates and arbitrage
GLM perpetuals trade on 9 contracts across 9 venues, forming 36 cross-venue arbitrage pairs. By net APR the current best pair is long Gate against short WhiteBIT, netting +119.57%, with both legs settling on the same cadenceใ
GLM perpetual funding rates by venue
APR = current rate ร (24 รท settlement interval) ร 365. Venues settle on different cadences, so rates must be annualised before comparing.
| Venue | Contract | Margin | Settlement | Current rate | APR | 24h avg APR | 24h volume | Mark |
|---|---|---|---|---|---|---|---|---|
| BingX | GLM-USDT | USDT | 4h | -0.0069% | -15.11% | +11.35% | $1.3M | 0.10968 |
| Binance | GLMUSDT | USDT | 4h | -0.0248% | -54.36% | +2.54% | $643K | 0.10962 |
| LBank | GLMUSDT | USDT | 4h | -0.0248% | -54.36% | +2.60% | $445K | 0.10959 |
| WhiteBIT | GLM_PERP | USDT | 4h | 0.0050% | +10.95% | +10.95% | $376K | 0.10917 |
| MEXC | GLM_USDT | USDT | 4h | -0.0248% | -54.31% | +2.68% | $279K | 0.10960 |
| Bybit | GLMUSDT | USDT | 4h | -0.0095% | -20.76% | +7.27% | $168K | 0.10977 |
| OKX | GLM-USDT-SWAP | USDT | 4h | -0.0268% | -58.80% | -0.00% | $152K | 0.10963 |
| Bitget | GLMUSDT | USDT | 4h | -0.0256% | -56.06% | -19.62% | $48K | 0.10990 |
| Gate | GLM_USDT | USDT | 4h | -0.0496% | -108.62% | -4.28% | $7K | 0.10960 |
GLM cross-venue arbitrage pairs
Short the higher-APR leg and go long the lower one; net APR = short leg โ long leg.
| Long | Short | Net APR | Daily | 24h avg | Settlement | Liquidity |
|---|---|---|---|---|---|---|
| Gate USDT | WhiteBIT USDT | +119.57% | 0.3276% | +15.23% | 4h matched | $7K |
| Gate USDT | BingX USDT | +93.51% | 0.2562% | +15.62% | 4h matched | $7K |
| Gate USDT | Bybit USDT | +87.86% | 0.2407% | +11.55% | 4h matched | $7K |
| OKX USDT | WhiteBIT USDT | +69.75% | 0.1911% | +10.95% | 4h matched | $152K |
| Bitget USDT | WhiteBIT USDT | +67.01% | 0.1836% | +30.57% | 4h matched | $48K |
| Binance USDT | WhiteBIT USDT | +65.31% | 0.1789% | +8.41% | 4h matched | $376K |
| LBank USDT | WhiteBIT USDT | +65.31% | 0.1789% | +8.35% | 4h matched | $376K |
| MEXC USDT | WhiteBIT USDT | +65.26% | 0.1788% | +8.27% | 4h matched | $279K |
| Gate USDT | MEXC USDT | +54.31% | 0.1488% | +6.96% | 4h matched | $7K |
| Gate USDT | Binance USDT | +54.26% | 0.1487% | +6.82% | 4h matched | $7K |
| Gate USDT | LBank USDT | +54.26% | 0.1487% | +6.87% | 4h matched | $7K |
| Gate USDT | Bitget USDT | +52.56% | 0.1440% | -15.34% | 4h matched | $7K |
Golem project profile
- Total
- 1.00B
- Max supply
- unlimited
- Type
- Token
- Market cap rank
- #254
0x7dd9c5cba05e151c895fde1cf355c9a1d5da64290xf3ff3bf1d1afcbebd98a304482c4099dc953e9a8About
What Is Golem Network? Golem Network is an open-source, decentralized computing platform that is building an ecosystem to provide computing power to the AI industry. A peer-to-peer marketplace for distributed computing resources. Users engage directly on the Golem platform, exchanging GLM tokens for the utilization of their idle computing resources. Golem allows to break down tasks into smaller subtasks and distribute them across multiple providers, enabling parallel processing. This approach boosts efficiency and speeds up the completion of complex computations. What is GLM? GLM or Golem Network Token is needed to pay for computations on the network and is the currency that drives the marketplace. As a Requestor, you set a bid for an amount of GLM you are willing to pay to have your task completed. As a Provider, you earn GLM by computing tasks for Requestors. How can I get involved? If you want to stay up to date with the latest developments and updates, join the Golem Network Discord community here: https://chat.golem.network/ On Discord you can also find support to become a Provider or a Requestor in the Golem platform.
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