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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX0.000%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$440.440% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.064%−$6 on $10k
Price spread, last 7 days+0.029%+$3 · spread now 0.000%, 7d avg +0.011%
Together, before fees−0.034%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX GALA-USDT0.0020890.0100pay 0.0100% / 8h2h 30m$11.4M
ShortMEXC GALA_USDT0.0020890.0100get 0.0100% / 8h2h 30m$5.5M$3.6M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
Price spread: 0.000% → +0.011%
−$1.09
Slippage, 4 orders
−$33.96
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$45.05
Costs to cover
0.440%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago4.79 bp16.8 bp −$1740.2 bp −$402451.0 bp −$45.1Kdoesn't fit
Sell MEXC live order book, 2 min ago2.39 bp5.9 bp −$613.6 bp −$13690.0 bp −$9,004179.9 bp −$90.0K

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+1.005%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.0020890.000%$310K$174K3xas long as short
Aster GALAUSDT+0.0100%8h0.002089−0.004%$17K$10K5xas long as short
Binance GALAUSDT+0.0100%8h0.002090+0.024%$5.4M$17.7M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002088−0.048%$6.0M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.0020890.000%$2.2M$4.4M50xas long as short
Gate GALA_USDT+0.0100%8h0.002090+0.048%$1.8M$1.2M75xas long as short
MEXC GALA_USDTshort+0.0100%8h0.0020890.000%$5.5M$3.6M125x
KuCoin GALAUSDTM+0.0100%8h0.002086−0.144%$1.8M$6.6M75xas long as short
Bitget GALAUSDT+0.0100%8h0.002087−0.096%$2.1M$1.2M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GALA-USDTlong+0.0100%8h0.002089long leg$11.4M
Variational Omni GALA+0.0100%8h0.002088−0.027%$25K$17Kas long as short
Extended GALA-USD+0.0104%1h0.002089−0.013%$3K$156K5xas long as short
BloFin GALA-USDT+0.0104%8h0.002091+0.096%$312K$75K20xas long as short
Kraken Futures PF_GALAUSD+0.0691%1h0.002093+0.211%$657K$151K25xas long as short