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−0.0025%/8h= −2.7% APRpaid last 24h −0.001%
Price spread now: BloFin against Extended+0.023%94s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$920.917% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 3 days (all we have)+0.308%+$31 · spread now +0.023%, 7d avg +0.042%
Together, before fees+0.291%+ Points / potential airdropExtended: Active · farm board+$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GALA-USD0.0020820.0104pay 0.0013% / 1h33m 40s$3K$156K5x
ShortBloFin GALA-USDT0.0020820.0079get 0.0079% / 8h1h 33m$306K$73K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$5.16
Price spread: +0.023% → +0.042%
−$1.87
Slippage, 4 orders
−$74.73
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$98.75
Costs to cover
0.917%
Break-even
never at this rate
Slippage from Extended: live order book, 47 min ago; BloFin: live order book, 43 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, 47 min ago7.18 bp26.4 bp −$26171.5 bp −$1,715doesn't fitdoesn't fit
Sell BloFin live order book, 43 min ago9.59 bp19.8 bp −$2027.0 bp −$270110.5 bp −$11.0Kdoesn'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+1.368%$2K$7K5.5xas long as short
BloFin GALA-USDTshort+0.0079%8h0.002082+0.023%$306K$73K20x
Hyperliquid GALA+0.0100%1h0.002083+0.071%$309K$171K3xas long as short
Aster GALAUSDT+0.0100%8h0.002083+0.077%$17K$10K5xas long as short
Binance GALAUSDT+0.0100%8h0.002082+0.037%$5.4M$17.7M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002080−0.073%$6.0M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002080−0.073%$2.2M$4.4M50xas long as short
Gate GALA_USDT+0.0100%8h0.002083+0.071%$1.8M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002082+0.023%$5.7M$3.5M125xas long as short
KuCoin GALAUSDTM+0.0100%8h0.002080−0.073%$1.8M$6.4M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002081−0.025%$2.1M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.002081−0.025%$11.4Mas long as short
Variational Omni GALA+0.0100%8h0.002080−0.060%$25K$18Kas long as short
Extended GALA-USDlong+0.0104%1h0.002082long leg$3K$156K5x
Kraken Futures PF_GALAUSD+0.0873%1h0.002085+0.170%$657K$152K25xas long as short