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+0.0156%/8h= +17.1% APRnext payment +$1.56 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against KuCoin+0.096%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$910.914% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$4 on $10k
Price spread, last 7 days−0.175%−$17 · spread now +0.096%, 7d avg +0.029%
Together, before fees−0.139%−$14 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 MEXC is 0.066% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GALAUSDTM0.002093−0.0056get 0.0056% / 8h4h 19m$1.7M$5.4M75x
ShortMEXC GALA_USDT0.0020950.0100get 0.0100% / 8h4h 19m$5.9M$3.4M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$32.76
Price spread: +0.096% → +0.029%
$6.64
Slippage, 4 orders
−$79.39
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$51.99
Costs to cover
0.914%
Break-even
18.1 days
Slippage from KuCoin: live order book, 3 min ago; MEXC: 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, 3 min ago2.38 bp34.6 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago2.38 bp4.1 bp −$413.5 bp −$13593.6 bp −$9,360184.2 bp −$92.1K

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−0.0285%1h0.002097+0.172%$662K$179K25xas long as short
KuCoin GALAUSDTMlong−0.0056%8h0.002093long leg$1.7M$5.4M75x
Injective GALA/USDC PERP+0.0033%1h0.002110+0.812%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002095+0.096%$307K$159K3xas long as short
Aster GALAUSDT+0.0100%8h0.002095+0.113%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002096+0.143%$5.5M$17.2M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002095+0.096%$6.1M$6.3M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002095+0.096%$2.2M$4.1M50xas long as short
Gate GALA_USDT+0.0100%8h0.002097+0.191%$1.8M$1.3M75xas long as short
MEXC GALA_USDTshort+0.0100%8h0.002095+0.096%$5.9M$3.4M125x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002095+0.096%$2.2M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.002095+0.096%$11.2Mas long as short
Variational Omni GALA+0.0100%8h0.002093−0.018%$25K$21Kas long as short
Extended GALA-USD+0.0104%1h0.002094+0.069%$2K$142K5xas long as short
BloFin GALA-USDT+0.0105%8h0.002095+0.096%$308K$68K20xas long as short