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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended+0.102%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$910.915% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$5 on $10k
Price spread, last 4 days (all we have)−0.280%−$28 · spread now +0.102%, 7d avg +0.044%
Together, before fees−0.235%+ Points / potential airdropExtended: Active · farm board−$23 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: BingX is 0.058% dearer against Extended than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GALA-USD0.0020840.0104pay 0.0013% / 1h52m 12s$2K$144K5x
ShortBingX GALA-USDT0.0020860.0100get 0.0100% / 8h4h 52m$11.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.102% → +0.044%
$5.81
Slippage, 4 orders
−$76.47
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$86.5
Costs to cover
0.915%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; BingX: 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 Extended live order book, 4 min ago9.58 bp28.8 bp −$29172.4 bp −$1,724doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago4.79 bp18.6 bp −$1947.5 bp −$475249.5 bp −$25.0Kdoesn'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
Kraken Futures PF_GALAUSD−0.0286%1h0.002084+0.021%$658K$177K25xas long as short
KuCoin GALAUSDTM−0.0080%8h0.002084+0.006%$1.7M$5.5M75xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+1.254%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002084+0.006%$306K$160K3xas long as short
Aster GALAUSDT+0.0100%8h0.002088+0.203%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002083−0.042%$5.5M$17.4M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002084+0.006%$6.0M$6.4M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002083−0.042%$2.2M$4.2M50xas long as short
Gate GALA_USDT+0.0100%8h0.002089+0.246%$1.8M$1.3M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002083−0.042%$6.3M$3.3M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002086+0.102%$2.2M$1.2M75xas long as short
BingX GALA-USDTshort+0.0100%8h0.002086+0.102%$11.2M
Variational Omni GALA+0.0100%8h0.002090+0.302%$25K$21Kas long as short
Extended GALA-USDlong+0.0104%1h0.002084long leg$2K$144K5x
BloFin GALA-USDT+0.0116%8h0.002092+0.390%$313K$70K20xas long as short