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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget−0.001%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1031.028% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.001%, 7d avg +0.038%
Together, before fees+0.062%+ Points / potential airdropExtended: Active · farm board+$6 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 0.039% 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 +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GALAUSDT0.0020930.0100pay 0.0100% / 8h7h 18m$2.2M$1.2M75x
ShortExtended GALA-USD0.0020930.0104get 0.0013% / 1h18m 45s$2K$143K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: −0.001% → +0.038%
−$3.88
Slippage, 4 orders
−$85.8
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$105.84
Costs to cover
1.028%
Break-even
889.0 days
Slippage from Bitget: live order book, 3 min ago; Extended: live order book, 52 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 Bitget live order book, 3 min ago2.38 bp25.1 bp −$2596.3 bp −$963doesn't fitdoesn't fit
Sell Extended live order book, 52 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+0.812%$2K$7K5.5xas long as short
KuCoin GALAUSDTM+0.0038%8h0.002092−0.048%$1.8M$6.0M75xas long as short
BloFin GALA-USDT+0.0074%8h0.002099+0.287%$309K$64K20xas long as short
Hyperliquid GALA+0.0100%1h0.002095+0.096%$311K$162K3xas long as short
Aster GALAUSDT+0.0100%8h0.002096+0.123%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002094+0.027%$5.5M$17.7M75xas long as short
Bybit GALAUSDT+0.0100%8h0.0020930.000%$6.1M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.0020930.000%$2.2M$4.4M50xas long as short
Gate GALA_USDT+0.0100%8h0.002096+0.143%$1.7M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002094+0.048%$6.1M$3.5M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDTlong+0.0100%8h0.002093long leg$2.2M$1.2M75x
BingX GALA-USDT+0.0100%8h0.0020930.000%$11.1Mas long as short
Variational Omni GALA+0.0100%8h0.002099+0.294%$26K$21Kas long as short
Extended GALA-USDshort+0.0104%1h0.002093−0.001%$2K$143K5x
Kraken Futures PF_GALAUSD+0.0364%1h0.002097+0.192%$666K$164K25xas long as short