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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: OKX against Extended−0.041%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$960.958% 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 4 days (all we have)+0.187%+$19 · spread now −0.041%, 7d avg +0.046%
Together, before fees+0.205%+ Points / potential airdropExtended: Active · farm board+$21 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: OKX is 0.087% cheaper against Extended than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GALA-USD0.0020990.0104pay 0.0013% / 1h25m 42s$2K$145K5x
ShortOKX GALA-USDT-SWAP0.0020980.0100get 0.0100% / 8h6h 25m$2.2M$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.041% → +0.046%
−$8.74
Slippage, 4 orders
−$80.8
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$105.38
Costs to cover
0.958%
Break-even
never at this rate
Slippage from Extended: live order book, 40 min ago; OKX: 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, 40 min ago9.54 bp28.6 bp −$29149.1 bp −$1,491doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago2.38 bp20.2 bp −$2073.6 bp −$736doesn't fitdoesn't fit

GALA on 14 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
Kraken Futures PF_GALAUSD−0.0223%1h0.002104+0.250%$669K$171K25xas long as short
KuCoin GALAUSDTM−0.0037%8h0.002098−0.041%$1.8M$5.8M75xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+0.531%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002101+0.102%$307K$162K3xas long as short
Aster GALAUSDT+0.0100%8h0.002104+0.224%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002100+0.057%$5.5M$17.6M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002099+0.007%$6.1M$6.5M75xas long as short
OKX GALA-USDT-SWAPshort+0.0100%8h0.002098−0.041%$2.2M$4.3M50x
Gate GALA_USDT+0.0100%8h0.002101+0.102%$1.8M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002099+0.007%$6.1M$3.5M125xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002101+0.102%$2.2M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.002101+0.102%$11.1Mas long as short
Variational Omni GALA+0.0100%8h0.002102+0.133%$26K$21Kas long as short
Extended GALA-USDlong+0.0104%1h0.002099long leg$2K$145K5x