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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.143%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$930.933% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.056%−$6 on $10k
Price spread, last 7 days+0.044%+$4 · spread now −0.143%, 7d avg −0.027%
Together, before fees−0.011%−$1 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 0.115% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GALA_USDT0.0021010.0100pay 0.0100% / 8h7h 19m$1.8M$1.2M75x
ShortBybit GALAUSDT0.0020980.0100get 0.0100% / 8h7h 19m$6.1M$6.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
Price spread: −0.143% → −0.027%
−$11.54
Slippage, 4 orders
−$67.32
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$104.85
Costs to cover
0.933%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 3 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 Gate live order book, 3 min ago2.38 bp34.0 bp −$3483.9 bp −$839doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago2.38 bp17.1 bp −$1762.0 bp −$620doesn'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+0.428%$2K$7K5.5xas long as short
KuCoin GALAUSDTM+0.0041%8h0.002097−0.190%$1.8M$6.0M75xas long as short
BloFin GALA-USDT+0.0098%8h0.002097−0.190%$309K$64K20xas long as short
Hyperliquid GALA+0.0100%1h0.002100−0.048%$312K$162K3xas long as short
Aster GALAUSDT+0.0100%8h0.002100−0.048%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002099−0.082%$5.5M$17.7M75xas long as short
Bybit GALAUSDTshort+0.0100%8h0.002098−0.143%$6.1M$6.5M75x
OKX GALA-USDT-SWAP+0.0100%8h0.002098−0.143%$2.2M$4.4M50xas long as short
Gate GALA_USDTlong+0.0100%8h0.002101long leg$1.8M$1.2M75x
MEXC GALA_USDT+0.0100%8h0.002100−0.048%$6.1M$3.5M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002099−0.095%$2.2M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.002100−0.048%$11.1Mas long as short
Variational Omni GALA+0.0100%8h0.002099−0.088%$26K$21Kas long as short
Extended GALA-USD+0.0104%1h0.002100−0.050%$2K$152K5xas long as short
Kraken Futures PF_GALAUSD+0.0364%1h0.002101−0.009%$667K$164K25xas long as short