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: MEXC against Bitget0.000%7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$450.454% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$2 on $10k

Price spread, last 7 days+0.079%+$8 · spread now 0.000%, 7d avg +0.065%

Together, before fees+0.054%+$5 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: MEXC is 0.065% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GALAUSDT	0.002099	0.0100	pay 0.0100% / 8h	55m 24s	$2.2M	$1.2M	75x
Short	MEXC GALA_USDT	0.002099	0.0100	get 0.0100% / 8h	55m 24s	$5.8M	$3.4M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.065%: −$6.5
Slippage, 4 orders: −$33.36
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$51.87
Costs to cover: 0.454%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 7 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, 2 min ago	2.39 bp	18.9 bp −$19	74.0 bp −$740	doesn't fit	doesn't fit
Sell MEXC live order book, 7 min ago	2.39 bp	6.7 bp −$7	15.1 bp −$151	86.6 bp −$8,660	179.5 bp −$89.8K

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	+0.524%	$2K	$7K	5.5x	as long as short
BloFin GALA-USDT	+0.0086%	8h	0.002097	−0.095%	$307K	$74K	20x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002100	+0.048%	$311K	$171K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002100	+0.027%	$17K	$10K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002100	+0.048%	$5.4M	$17.6M	75x	as long as short
Bybit GALAUSDT	+0.0100%	8h	0.002098	−0.048%	$6.1M	$6.5M	75x	as long as short
OKX GALA-USDT-SWAP	+0.0100%	8h	0.002099	0.000%	$2.2M	$4.4M	50x	as long as short
Gate GALA_USDT	+0.0100%	8h	0.002100	+0.048%	$1.8M	$1.2M	75x	as long as short
MEXC GALA_USDTshort	+0.0100%	8h	0.002099	0.000%	$5.8M	$3.4M	125x
KuCoin GALAUSDTM	+0.0100%	8h	0.002097	−0.095%	$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	0.002099	long leg	$2.2M	$1.2M	75x
BingX GALA-USDT	+0.0100%	8h	0.002099	0.000%	—	$11.2M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002094	−0.252%	$25K	$19K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002100	+0.044%	$3K	$156K	5x	as long as short
Kraken Futures PF_GALAUSD	+0.0581%	1h	0.002101	+0.085%	$666K	$157K	25x	as long as short