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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended−0.080%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$870.872% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 4 days (all we have)+0.005%+$1 · spread now −0.080%, 7d avg −0.041%
Together, before fees+0.020%+ Points / potential airdropExtended: Active · farm board+$2 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: Bitget is 0.039% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GALA-USD0.0020780.0104pay 0.0013% / 1h50m 33s$3K$156K5x
ShortBitget GALAUSDT0.0020760.0100get 0.0100% / 8h1h 50m$2.1M$1.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.080% → −0.041%
−$3.94
Slippage, 4 orders
−$70.2
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$91.98
Costs to cover
0.872%
Break-even
never at this rate
Slippage from Extended: live order book, 30 min ago; Bitget: live order book, 2 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, 30 min ago7.18 bp26.4 bp −$26171.5 bp −$1,715doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago4.82 bp15.3 bp −$1590.6 bp −$906doesn'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
Injective GALA/USDC PERP+0.0033%1h0.002110+1.556%$2K$7K5.5xas long as short
BloFin GALA-USDT+0.0081%8h0.002080+0.112%$307K$73K20xas long as short
Hyperliquid GALA+0.0100%1h0.002077−0.032%$308K$171K3xas long as short
Aster GALAUSDT+0.0100%8h0.002079+0.055%$17K$10K5xas long as short
Binance GALAUSDT+0.0100%8h0.002078−0.004%$5.4M$17.7M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002076−0.080%$6.0M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002074−0.177%$2.2M$4.3M50xas long as short
Gate GALA_USDT+0.0100%8h0.002079+0.064%$1.8M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002078+0.016%$5.7M$3.4M125xas long as short
KuCoin GALAUSDTM+0.0100%8h0.002077−0.032%$1.8M$6.5M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDTshort+0.0100%8h0.002076−0.080%$2.1M$1.2M75x
BingX GALA-USDT+0.0100%8h0.002077−0.032%$11.4Mas long as short
Variational Omni GALA+0.0100%8h0.002075−0.113%$25K$17Kas long as short
Extended GALA-USDlong+0.0104%1h0.002078long leg$3K$156K5x
Kraken Futures PF_GALAUSD+0.0875%1h0.002080+0.091%$654K$153K25xas long as short