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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0174%/8h= +19.1% APRnext payment +$1.74 per $10,000 · paid last 24h +0.004%
Price spread now: Bitget against KuCoin+0.144%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1461.460% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.053%+$5 on $10k
Price spread, last 7 days−0.312%−$31 · spread now +0.144%, 7d avg −0.036%
Together, before fees−0.259%−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bitget is 0.180% dearer against KuCoin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GALAUSDTM0.002087−0.0074get 0.0074% / 8h5h 38m$1.7M$5.6M75x
ShortBitget GALAUSDT0.0020900.0100get 0.0100% / 8h5h 38m$2.2M$1.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$36.54
Price spread: +0.144% → −0.036%
$18
Slippage, 4 orders
−$121.96
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$91.42
Costs to cover
1.460%
Break-even
24.5 days
Slippage from KuCoin: live order book, 4 min ago; Bitget: 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 KuCoin live order book, 4 min ago4.78 bp49.3 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago2.39 bp21.2 bp −$21106.5 bp −$1,065doesn'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
Kraken Futures PF_GALAUSD−0.0689%1h0.002087−0.011%$661K$174K25xas long as short
KuCoin GALAUSDTMlong−0.0074%8h0.002087long leg$1.7M$5.6M75x
Injective GALA/USDC PERP+0.0033%1h0.002110+1.102%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002092+0.240%$307K$161K3xas long as short
Aster GALAUSDT+0.0100%8h0.002090+0.143%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002090+0.149%$5.5M$17.3M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002089+0.096%$6.0M$6.4M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002089+0.096%$2.2M$4.2M50xas long as short
Gate GALA_USDT+0.0100%8h0.002091+0.192%$1.8M$1.3M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002089+0.096%$6.0M$3.4M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDTshort+0.0100%8h0.002090+0.144%$2.2M$1.2M75x
BingX GALA-USDT+0.0100%8h0.002090+0.144%$11.1Mas long as short
Variational Omni GALA+0.0100%8h0.002088+0.052%$25K$21Kas long as short
Extended GALA-USD+0.0104%1h0.002087+0.021%$3K$145K5xas long as short
BloFin GALA-USDT+0.0110%8h0.002094+0.335%$308K$70K20xas long as short