Funding you earn now, next payment 08:00 UTC−0.0176%/8h= −19.3% APRnext payment −$1.76 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against Bitget−0.191%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1461.460% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 7 days+0.360%+$36 · spread now −0.191%, 7d avg +0.036%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.228% cheaper against Bitget than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.036%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GALAUSDT | 0.002090 | 0.0100 | pay 0.0100% / 8h | 5h 37m | $2.2M | $1.2M | 75x |
| Short | KuCoin GALAUSDTM | 0.002086 | −0.0076 | pay 0.0076% / 8h | 5h 37m | $1.7M | $5.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$36.96
- Price spread: −0.191% → +0.036%
- −$22.77
- Slippage, 4 orders
- −$121.96
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$205.69
- Costs to cover
- 1.460%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 5 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 | 2.39 bp | 21.6 bp −$22 | 112.7 bp −$1,127 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 4.78 bp | 53.9 bp −$54 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GALAUSD | −0.0689% | 1h | 0.002088 | −0.088% | $662K | $174K | 25x | as long as short |
| KuCoin GALAUSDTMshort | −0.0076% | 8h | 0.002086 | −0.191% | $1.7M | $5.6M | 75x | |
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +0.957% | $2K | $7K | 5.5x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002090 | 0.000% | $307K | $161K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002089 | −0.066% | $17K | $11K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002090 | 0.000% | $5.5M | $17.4M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002087 | −0.144% | $6.0M | $6.4M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002088 | −0.096% | $2.2M | $4.2M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002090 | 0.000% | $1.8M | $1.3M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002088 | −0.096% | $6.0M | $3.4M | 125x | 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 | 0.002090 | long leg | $2.2M | $1.2M | 75x | |
| BingX GALA-USDT | +0.0100% | 8h | 0.002088 | −0.096% | — | $11.1M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002088 | −0.091% | $25K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002087 | −0.150% | $3K | $145K | 5x | as long as short |
| BloFin GALA-USDT | +0.0110% | 8h | 0.002094 | +0.191% | $308K | $70K | 20x | as long as short |
Bitget GALAUSDT
KuCoin GALAUSDTM
Kraken Futures PF_GALAUSD
Injective GALA/USDC PERP
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD
BloFin GALA-USDT