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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0591%/8h= +64.7% APRpaid last 24h +0.066%
Price spread now: Kraken Futures against Aster+0.216%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Kraken Futures is 0.216% dearer against Aster than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster GALAUSDT0.0020890.0100pay 0.0100% / 8h2h 30m$17K$10K5x
ShortKraken Futures PF_GALAUSD0.0020930.0691get 0.0086% / 1h30m 45s$657K$151K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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
$124.1
Price spread: +0.216% → 0.000%
$21.56
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$127.66
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Kraken Futures: live order book, 57 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Kraken Futures live order book, 57 min ago9.47 bp31.3 bp −$3175.6 bp −$756doesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

GALA on 15 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
Injective GALA/USDC PERP+0.0033%1h0.002110+1.010%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002089+0.004%$310K$174K3xas long as short
Aster GALAUSDTlong+0.0100%8h0.002089long leg$17K$10K5x
Binance GALAUSDT+0.0100%8h0.002090+0.029%$5.4M$17.7M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002088−0.044%$6.0M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002089+0.004%$2.2M$4.4M50xas long as short
Gate GALA_USDT+0.0100%8h0.002090+0.052%$1.8M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002089+0.004%$5.5M$3.6M125xas long as short
KuCoin GALAUSDTM+0.0100%8h0.002086−0.139%$1.8M$6.6M75xas long as short
Bitget GALAUSDT+0.0100%8h0.002087−0.091%$2.1M$1.2M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GALA-USDT+0.0100%8h0.002089+0.004%$11.4Mas long as short
Variational Omni GALA+0.0100%8h0.002088−0.023%$25K$17Kas long as short
Extended GALA-USD+0.0104%1h0.002089−0.009%$3K$156K5xas long as short
BloFin GALA-USDT+0.0104%8h0.002091+0.100%$312K$75K20xas long as short
Kraken Futures PF_GALAUSDshort+0.0691%1h0.002093+0.216%$657K$151K25x