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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.40 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against KuCoin+0.096%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1281.284% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.071%+$7 on $10k
Price spread, last 7 days−0.076%−$8 · spread now +0.096%, 7d avg +0.038%
Together, before fees−0.006%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.058% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GALAUSDTM0.0020840.0060pay 0.0060% / 8h1m 33s$1.8M$6.1M75x
ShortGate GALA_USDT0.0020860.0100get 0.0100% / 8h1m 33s$1.7M$1.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$8.4
Price spread: +0.096% → +0.038%
$5.79
Slippage, 4 orders
−$101.36
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$114.18
Costs to cover
1.284%
Break-even
102.1 days
Slippage from KuCoin: live order book, 6 min ago; Gate: 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, 6 min ago2.41 bp27.4 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 1 min ago4.79 bp26.3 bp −$2684.1 bp −$841doesn'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+1.248%$2K$7K5.5xas long as short
KuCoin GALAUSDTMlong+0.0060%8h0.002084long leg$1.8M$6.1M75x
Hyperliquid GALA+0.0100%1h0.002085+0.048%$309K$171K3xas long as short
Aster GALAUSDT+0.0100%8h0.002085+0.036%$17K$10K5xas long as short
Binance GALAUSDT+0.0100%8h0.002084+0.012%$5.4M$17.8M75xas long as short
Bybit GALAUSDT+0.0100%8h0.0020840.000%$6.1M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.0020840.000%$2.2M$4.4M50xas long as short
Gate GALA_USDTshort+0.0100%8h0.002086+0.096%$1.7M$1.2M75x
MEXC GALA_USDT+0.0100%8h0.0020840.000%$6.0M$3.5M125xas long as short
Bitget GALAUSDT+0.0100%8h0.002085+0.048%$2.1M$1.2M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GALA-USDT+0.0100%8h0.002085+0.048%$11.1Mas long as short
Variational Omni GALA+0.0100%8h0.002078−0.301%$25K$21Kas long as short
Extended GALA-USD+0.0104%1h0.0020840.000%$3K$156K5xas long as short
BloFin GALA-USDT+0.0105%8h0.002085+0.048%$306K$70K20xas long as short
Kraken Futures PF_GALAUSD+0.0585%1h0.002087+0.129%$663K$164K25xas long as short