Funding you earn now, next payment 08:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.61 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against BingX−0.048%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1121.122% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 7 days+0.126%+$13 · spread now −0.048%, 7d avg −0.017%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.031% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GALA-USDT | 0.002105 | 0.0100 | pay 0.0100% / 8h | 7h 09m | — | $11.1M | — |
| Short | KuCoin GALAUSDTM | 0.002104 | 0.0039 | get 0.0039% / 8h | 7h 09m | $1.8M | $5.9M | 75x |
BingX GALA-USDT
KuCoin GALAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$12.81
- Price spread: −0.048% → −0.017%
- −$3.08
- Slippage, 4 orders
- −$90.19
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$128.08
- Costs to cover
- 1.122%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; KuCoin: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 14 min ago | 4.77 bp | 19.1 bp −$19 | 39.1 bp −$391 | 428.8 bp −$42.9K | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.38 bp | 40.0 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
GALA on 15 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +0.238% | $2K | $7K | 5.5x | as long as short |
| KuCoin GALAUSDTMshort | +0.0039% | 8h | 0.002104 | −0.048% | $1.8M | $5.9M | 75x | |
| BloFin GALA-USDT | +0.0076% | 8h | 0.002103 | −0.095% | $312K | $62K | 20x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002106 | +0.048% | $313K | $161K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002106 | +0.026% | $17K | $11K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002106 | +0.044% | $5.6M | $17.7M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002105 | 0.000% | $6.1M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002104 | −0.048% | $2.2M | $4.4M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002105 | 0.000% | $1.8M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002106 | +0.048% | $6.1M | $3.5M | 125x | as long as short |
Injective GALA/USDC PERP
BloFin GALA-USDT
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GALAUSDT | +0.0100% | 8h | 0.002106 | +0.048% | $2.2M | $1.2M | 75x | as long as short |
| BingX GALA-USDTlong | +0.0100% | 8h | 0.002105 | long leg | — | $11.1M | — | |
| Variational Omni GALA | +0.0100% | 8h | 0.002097 | −0.373% | $26K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002106 | +0.044% | $485 | $142K | 5x | as long as short |
| Kraken Futures PF_GALAUSD | +0.0363% | 1h | 0.002107 | +0.085% | $669K | $164K | 25x | as long as short |
Bitget GALAUSDT
Variational Omni GALA
Extended GALA-USD
Kraken Futures PF_GALAUSD