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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.004%
Price spread now: KuCoin against Extended−0.036%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1511.512% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.055%−$6 on $10k
Price spread, last 4 days (all we have)+0.085%+$9 · spread now −0.036%, 7d avg −0.008%
Together, before fees+0.030%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.028% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GALA-USD0.0020810.0104pay 0.0013% / 1h52m 59s$4K$88K5x
ShortKuCoin GALAUSDTM0.0020800.0024get 0.0024% / 8h2h 52m$1.7M$5.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$16.8
Price spread: −0.036% → −0.008%
−$2.78
Slippage, 4 orders
−$134.17
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$170.75
Costs to cover
1.512%
Break-even
never at this rate
Slippage from Extended: live order book, 58 min ago; KuCoin: live order book, 10 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, 58 min ago11.86 bp30.7 bp −$31177.2 bp −$1,772doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago2.41 bp35.9 bp −$36doesn'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
KuCoin GALAUSDTMshort+0.0024%8h0.002080−0.036%$1.7M$5.0M75x
Injective GALA/USDC PERP+0.0033%1h0.002110+1.406%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002081+0.012%$306K$154K3xas long as short
Aster GALAUSDT+0.0100%8h0.002082+0.059%$17K$7K5xas long as short
Binance GALAUSDT+0.0100%8h0.002082+0.039%$5.5M$16.9M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002080−0.036%$6.0M$6.0M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002080−0.036%$2.2M$4.0M50xas long as short
Gate GALA_USDT+0.0100%8h0.002083+0.109%$1.8M$1.4M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002080−0.036%$5.7M$3.3M125xas long as short
Bitget GALAUSDT+0.0100%8h0.002082+0.061%$2.1M$1.2M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GALA-USDT+0.0100%8h0.002082+0.061%$11.0Mas long as short
Variational Omni GALA+0.0100%8h0.002083+0.115%$25K$20Kas long as short
Extended GALA-USDlong+0.0104%1h0.002081long leg$4K$88K5x
BloFin GALA-USDT+0.0118%8h0.002080−0.036%$309K$67K20xas long as short
Kraken Futures PF_GALAUSD+0.0616%1h0.002082+0.042%$662K$187K25xas long as short