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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0023%/8h= −2.5% APRpaid last 24h 0.000%
Price spread now: Extended against BloFin+0.542%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$1001.004% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 4 days (all we have)−0.873%−$87 · spread now +0.542%, 7d avg −0.029%
Together, before fees−0.848%+ Points / potential airdropExtended: Active · farm board−$85 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.571% dearer against BloFin than usual: you sell high and buy low (spread +0.542% now, against its 7-day average of −0.029%): +$57 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GALA-USDT0.0020990.0127pay 0.0127% / 8h3h 30m$311K$68K20x
ShortExtended GALA-USD0.0021100.0104get 0.0013% / 1h30m 55s$443$144K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
−$4.84
Price spread: +0.542% → −0.029%
$57.11
Slippage, 4 orders
−$83.37
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$48.11
Costs to cover
1.004%
Break-even
never at this rate
Slippage from BloFin: live order book, 51 min ago; Extended: live order book, 20 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 BloFin live order book, 51 min ago7.16 bp17.3 bp −$1728.7 bp −$287204.7 bp −$20.5Kdoesn't fit
Sell Extended live order book, 20 min ago11.86 bp34.5 bp −$34163.6 bp −$1,636doesn'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−0.0164%1h0.002112+0.621%$668K$180K25xas long as short
KuCoin GALAUSDTM−0.0005%8h0.002108+0.429%$1.8M$5.1M75xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+0.524%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002111+0.572%$310K$156K3xas long as short
Aster GALAUSDT+0.0100%8h0.002110+0.530%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002111+0.572%$5.6M$17.0M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002110+0.524%$6.1M$6.1M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002110+0.524%$2.2M$4.0M50xas long as short
Gate GALA_USDT+0.0100%8h0.002110+0.524%$1.8M$1.3M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002111+0.572%$5.9M$3.4M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002112+0.619%$2.2M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.002110+0.524%$11.0Mas long as short
Variational Omni GALA+0.0100%8h0.002108+0.411%$26K$20Kas long as short
Extended GALA-USDshort+0.0104%1h0.002110+0.542%$443$144K5x
BloFin GALA-USDTlong+0.0127%8h0.002099long leg$311K$68K20x