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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended−0.030%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1071.067% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 4 days (all we have)+0.190%+$19 · spread now −0.030%, 7d avg +0.043%
Together, before fees+0.170%+ Points / potential airdropExtended: Active · farm board+$17 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: Bybit is 0.073% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GALA-USD0.0020890.0104pay 0.0013% / 1h38m 02s$3K$156K5x
ShortBybit GALAUSDT0.0020880.0100get 0.0100% / 8h2h 38m$6.0M$6.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.030% → +0.043%
−$7.28
Slippage, 4 orders
−$90.67
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$114.79
Costs to cover
1.067%
Break-even
never at this rate
Slippage from Extended: live order book, 47 min ago; Bybit: live order book, 5 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 ago9.53 bp28.5 bp −$29143.9 bp −$1,439doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago4.79 bp26.6 bp −$2760.8 bp −$608doesn'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+1.024%$2K$7K5.5xas long as short
BloFin GALA-USDT+0.0087%8h0.002085−0.173%$311K$75K20xas long as short
Hyperliquid GALA+0.0100%1h0.002088−0.030%$309K$174K3xas long as short
Aster GALAUSDT+0.0100%8h0.002085−0.151%$17K$10K5xas long as short
Binance GALAUSDT+0.0100%8h0.002089+0.012%$5.4M$17.7M75xas long as short
Bybit GALAUSDTshort+0.0100%8h0.002088−0.030%$6.0M$6.5M75x
OKX GALA-USDT-SWAP+0.0100%8h0.002088−0.030%$2.2M$4.4M50xas long as short
Gate GALA_USDT+0.0100%8h0.002087−0.078%$1.8M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002086−0.125%$5.5M$3.6M125xas long as short
KuCoin GALAUSDTM+0.0100%8h0.002084−0.221%$1.8M$6.6M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002087−0.078%$2.1M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.002087−0.078%$11.4Mas long as short
Variational Omni GALA+0.0100%8h0.002085−0.173%$25K$17Kas long as short
Extended GALA-USDlong+0.0104%1h0.002089long leg$3K$156K5x
Kraken Futures PF_GALAUSD+0.0692%1h0.002090+0.059%$656K$151K25xas long as short