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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.048%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$820.817% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 7 days+0.058%+$6 · spread now −0.048%, 7d avg +0.057%
Together, before fees+0.064%+$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: OKX is 0.105% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GALAUSDT0.0020910.0100pay 0.0100% / 8h5h 41m$2.2M$1.2M75x
ShortOKX GALA-USDT-SWAP0.0020900.0100get 0.0100% / 8h5h 41m$2.2M$4.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
Price spread: −0.048% → +0.057%
−$10.5
Slippage, 4 orders
−$59.72
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$92.22
Costs to cover
0.817%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; OKX: live order book, 1 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, 1 min ago2.39 bp21.6 bp −$22112.7 bp −$1,127doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.39 bp20.4 bp −$2076.6 bp −$766doesn'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
Kraken Futures PF_GALAUSD−0.0687%1h0.002095+0.197%$664K$174K25xas long as short
KuCoin GALAUSDTM−0.0066%8h0.002090−0.048%$1.7M$5.6M75xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+0.909%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002090−0.048%$307K$161K3xas long as short
Aster GALAUSDT+0.0100%8h0.002093+0.103%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.0020910.000%$5.5M$17.3M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002090−0.048%$6.1M$6.4M75xas long as short
OKX GALA-USDT-SWAPshort+0.0100%8h0.002090−0.048%$2.2M$4.2M50x
Gate GALA_USDT+0.0100%8h0.002093+0.096%$1.8M$1.3M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002090−0.048%$6.0M$3.4M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDTlong+0.0100%8h0.002091long leg$2.2M$1.2M75x
BingX GALA-USDT+0.0100%8h0.002092+0.048%$11.1Mas long as short
Variational Omni GALA+0.0100%8h0.002079−0.567%$25K$21Kas long as short
Extended GALA-USD+0.0104%1h0.002089−0.074%$3K$145K5xas long as short
BloFin GALA-USDT+0.0112%8h0.002089−0.096%$311K$70K20xas long as short