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

GALA

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0323%/8h= +35.3% APRpaid last 24h −0.115%
Price spread now: Variational Omni against Kraken Futures−0.117%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.117% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 29 hours of funding at the current rate (+$10 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GALAUSD0.002104−0.0223get 0.0028% / 1h25m 58s$669K$171K25x
ShortVariational Omni GALA0.0021020.0100get 0.0100% / 8h6h 25m$26K$21K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Kraken Futures. 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
$67.75
Price spread: −0.117% → 0.000%
−$11.69
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$46.06
Costs to cover
0.100%
Break-even
2.2 days
Slippage unknown: Kraken Futures: live order book, 42 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 42 min ago11.88 bp38.4 bp −$38118.8 bp −$1,188doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_GALAUSDlong−0.0223%1h0.002104long leg$669K$171K25x
KuCoin GALAUSDTM−0.0035%8h0.002100−0.195%$1.8M$5.8M75xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+0.280%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002104−0.005%$307K$162K3xas long as short
Aster GALAUSDT+0.0100%8h0.002103−0.068%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002104−0.023%$5.5M$17.6M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002102−0.100%$6.1M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002101−0.148%$2.2M$4.3M50xas long as short
Gate GALA_USDT+0.0100%8h0.002105+0.042%$1.8M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002103−0.053%$6.1M$3.5M125xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002104−0.005%$2.2M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.002103−0.053%$11.1Mas long as short
Variational Omni GALAshort+0.0100%8h0.002102−0.117%$26K$21K
Extended GALA-USD+0.0104%1h0.002104−0.017%$2K$145K5xas long as short