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Funding arb · Price arb /

GALA

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.39 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin0.000%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1271.269% of the position
Long on KuCoinShort on BingX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.088%+$9 on $10k
Price spread, last 7 days−0.059%−$6 · spread now 0.000%, 7d avg +0.018%
Together, before fees+0.029%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GALAUSDTM0.0020830.0061pay 0.0061% / 8h7h 57m$1.8M$6.1M75x
ShortBingX GALA-USDT0.0020830.0100get 0.0100% / 8h7h 57m—$11.1M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$8.19
Price spread: 0.000% → +0.018%
−$1.76
Slippage, 4 orders
−$104.88
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$120.45
Costs to cover
1.269%
Break-even
110.0 days
Slippage from KuCoin: live order book, 1 min ago; BingX: live order book, 1 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 KuCoin live order book, 1 min ago2.40 bp48.4 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 1 min ago4.80 bp17.9 bp −$1844.5 bp −$445233.2 bp −$23.3Kdoesn'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+1.296%$2K$7K5.5xas long as short
KuCoin GALAUSDTMlong+0.0061%8h0.002083long leg$1.8M$6.1M75x
BloFin GALA-USDT+0.0073%8h0.002084+0.048%$305K$70K20xas long as short
Hyperliquid GALA+0.0100%1h0.002086+0.144%$309K$171K3xas long as short
Aster GALAUSDT+0.0100%8h0.002083−0.013%$17K$10K5xas long as short
Binance GALAUSDT+0.0100%8h0.002084+0.063%$5.5M$17.9M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002085+0.096%$6.1M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002084+0.048%$2.2M$4.4M50xas long as short
Gate GALA_USDT+0.0100%8h0.002084+0.048%$1.7M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002084+0.048%$6.0M$3.5M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002085+0.096%$2.1M$1.2M75xas long as short
BingX GALA-USDTshort+0.0100%8h0.0020830.000%—$11.1M—
Variational Omni GALA+0.0100%8h0.002084+0.035%$25K$21K—as long as short
Extended GALA-USD+0.0104%1h0.002085+0.075%$3K$152K5xas long as short
Kraken Futures PF_GALAUSD+0.0366%1h0.002087+0.178%$663K$165K25xas long as short