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: Binance against Extended+0.013%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$890.895% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.013%, 7d avg +0.046%
Together, before fees+0.077%+ Points / potential airdropExtended: Active · farm board+$8 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: Binance is 0.034% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GALA-USD0.0021060.0104pay 0.0013% / 1h15m 47s$2K$140K5x
ShortBinance GALAUSDT0.0021070.0100get 0.0100% / 8h7h 15m$5.6M$17.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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: +0.013% → +0.046%
−$3.36
Slippage, 4 orders
−$74.47
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$93.66
Costs to cover
0.895%
Break-even
never at this rate
Slippage from Extended: live order book, 55 min ago; Binance: live order book, 10 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 Extended live order book, 55 min ago9.64 bp29.1 bp −$29152.0 bp −$1,520doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago2.38 bp17.1 bp −$1744.9 bp −$449349.6 bp −$35.0Kdoesn'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+0.172%$2K$7K5.5xas long as short
KuCoin GALAUSDTM+0.0037%8h0.002104−0.113%$1.8M$6.0M75xas long as short
BloFin GALA-USDT+0.0076%8h0.002099−0.350%$309K$64K20xas long as short
Hyperliquid GALA+0.0100%1h0.002107+0.030%$313K$162K3xas long as short
Aster GALAUSDT+0.0100%8h0.002106−0.029%$17K$11K5xas long as short
Binance GALAUSDTshort+0.0100%8h0.002107+0.013%$5.6M$17.7M75x
Bybit GALAUSDT+0.0100%8h0.002106−0.018%$6.1M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002105−0.065%$2.2M$4.4M50xas long as short
Gate GALA_USDT+0.0100%8h0.002108+0.077%$1.8M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002106−0.018%$6.1M$3.5M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002106−0.018%$2.2M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.002107+0.030%$11.1Mas long as short
Variational Omni GALA+0.0100%8h0.002108+0.062%$26K$21Kas long as short
Extended GALA-USDlong+0.0104%1h0.002106long leg$2K$140K5x
Kraken Futures PF_GALAUSD+0.0362%1h0.002108+0.100%$670K$164K25xas long as short