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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX+0.057%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$970.970% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.057%, 7d avg −0.044%
Together, before fees−0.124%+ Points / potential airdropExtended: Active · farm board−$12 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: Extended is 0.101% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX GALA-USDT0.0020810.0100pay 0.0100% / 8h7m 56s$11.2M
ShortExtended GALA-USD0.0020820.0104get 0.0013% / 1h7m 56s$3K$156K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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
$0.84
Price spread: +0.057% → −0.044%
$10.08
Slippage, 4 orders
−$81.98
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$86.06
Costs to cover
0.970%
Break-even
724.2 days
Slippage from BingX: live order book, 5 min ago; Extended: live order book, 3 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 BingX live order book, 5 min ago7.20 bp20.4 bp −$2040.5 bp −$405410.8 bp −$41.1Kdoesn't fit
Sell Extended live order book, 3 min ago9.64 bp29.2 bp −$29134.3 bp −$1,343doesn't fitdoesn't fit

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+1.394%$2K$7K5.5xas long as short
KuCoin GALAUSDTM+0.0069%8h0.002079−0.096%$1.8M$6.1M75xas long as short
Hyperliquid GALA+0.0100%1h0.002083+0.096%$309K$171K3xas long as short
Aster GALAUSDT+0.0100%8h0.002082+0.044%$17K$10K5xas long as short
Binance GALAUSDT+0.0100%8h0.002083+0.078%$5.4M$17.8M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002083+0.096%$6.0M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002082+0.048%$2.2M$4.4M50xas long as short
Gate GALA_USDT+0.0100%8h0.002083+0.096%$1.7M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.0020810.000%$6.0M$3.5M125xas long as short
Bitget GALAUSDT+0.0100%8h0.002082+0.048%$2.1M$1.2M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GALA-USDTlong+0.0100%8h0.002081long leg$11.2M
Variational Omni GALA+0.0100%8h0.002072−0.423%$25K$21Kas long as short
Extended GALA-USDshort+0.0104%1h0.002082+0.057%$3K$156K5x
BloFin GALA-USDT+0.0124%8h0.002078−0.144%$305K$70K20xas long as short
Kraken Futures PF_GALAUSD+0.0585%1h0.002086+0.229%$663K$164K25xas long as short