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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Hyperliquid against Extended+0.016%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1031.032% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$7 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.016%, 7d avg +0.019%
Together, before fees+0.049%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GALA-USD0.0020870.0104pay 0.0013% / 1h34m 19s$3K$156K5x
ShortHyperliquid GALA0.0020870.0100get 0.0013% / 1h34m 19s$309K$171K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.016% → +0.019%
−$0.3
Slippage, 4 orders
−$89.19
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$104.33
Costs to cover
1.032%
Break-even
never at this rate
Slippage from Extended: live order book, 41 min ago; Hyperliquid: live order book, 25 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, 41 min ago7.22 bp26.6 bp −$27146.6 bp −$1,466doesn't fitdoesn't fit
Sell Hyperliquid live order book, 25 min ago2.39 bp24.1 bp −$24doesn't fitdoesn'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+1.119%$2K$7K5.5xas long as short
BloFin GALA-USDT+0.0074%8h0.002087+0.016%$309K$70K20xas long as short
Hyperliquid GALAshort+0.0100%1h0.002087+0.016%$309K$171K3x
Aster GALAUSDT+0.0100%8h0.002086−0.020%$17K$10K5xas long as short
Binance GALAUSDT+0.0100%8h0.002087+0.018%$5.4M$17.7M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002086−0.032%$6.0M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002085−0.080%$2.2M$4.4M50xas long as short
Gate GALA_USDT+0.0100%8h0.002089+0.112%$1.7M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002087+0.016%$5.7M$3.4M125xas long as short
KuCoin GALAUSDTM+0.0100%8h0.002084−0.127%$1.8M$6.2M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002086−0.032%$2.1M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.002087+0.016%$11.2Mas long as short
Variational Omni GALA+0.0100%8h0.002086−0.019%$25K$21Kas long as short
Extended GALA-USDlong+0.0104%1h0.002087long leg$3K$156K5x
Kraken Futures PF_GALAUSD+0.0585%1h0.002089+0.111%$663K$158K25xas long as short