Funding arb · Price arb /

GALA

all GALA markets

Swap Backtest

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: Binance against Bitget+0.034%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$640.644% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 7 days+0.064%+$6 · spread now +0.034%, 7d avg +0.073%

Together, before fees+0.040%+$4 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: Binance is 0.039% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GALAUSDT	0.002094	0.0100	pay 0.0100% / 8h	58m 32s	$2.1M	$1.2M	75x
Short	Binance GALAUSDT	0.002095	0.0100	get 0.0100% / 8h	58m 32s	$5.4M	$17.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee BinancebpOrdersPrice spread, now +0.034%Rate

Funding earned: $0
Price spread: +0.034% → +0.073%: −$3.95
Slippage, 4 orders: −$42.39
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$68.34
Costs to cover: 0.644%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 12 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 Bitget live order book, 4 min ago	4.79 bp	17.3 bp −$17	32.5 bp −$325	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	2.40 bp	16.5 bp −$17	41.0 bp −$410	439.7 bp −$44.0K	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	+0.764%	$2K	$7K	5.5x	as long as short
BloFin GALA-USDT	+0.0095%	8h	0.002092	−0.096%	$307K	$73K	20x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002095	+0.048%	$310K	$171K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002093	−0.049%	$17K	$10K	5x	as long as short
Binance GALAUSDTshort	+0.0100%	8h	0.002095	+0.034%	$5.4M	$17.7M	75x
Bybit GALAUSDT	+0.0100%	8h	0.002094	0.000%	$6.0M	$6.5M	75x	as long as short
OKX GALA-USDT-SWAP	+0.0100%	8h	0.002094	0.000%	$2.2M	$4.4M	50x	as long as short
Gate GALA_USDT	+0.0100%	8h	0.002096	+0.096%	$1.8M	$1.2M	75x	as long as short
MEXC GALA_USDT	+0.0100%	8h	0.002094	0.000%	$5.7M	$3.4M	125x	as long as short
KuCoin GALAUSDTM	+0.0100%	8h	0.002093	−0.048%	$1.8M	$6.3M	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GALAUSDTlong	+0.0100%	8h	0.002094	long leg	$2.1M	$1.2M	75x
BingX GALA-USDT	+0.0100%	8h	0.002094	0.000%	—	$11.2M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002086	−0.372%	$25K	$19K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002094	−0.021%	$3K	$156K	5x	as long as short
Kraken Futures PF_GALAUSD	+0.0582%	1h	0.002098	+0.190%	$665K	$156K	25x	as long as short