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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: OKX against KuCoin+0.049%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1331.334% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 7 days−0.128%−$13 · spread now +0.049%, 7d avg +0.031%
Together, before fees−0.037%−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GALAUSDTM0.0020600.0100pay 0.0100% / 8h5h 55m$1.7M$4.1M75x
ShortOKX GALA-USDT-SWAP0.0020610.0100get 0.0100% / 8h5h 55m$2.1M$3.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0
Price spread: +0.049% → +0.031%
$1.79
Slippage, 4 orders
−$111.44
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$131.65
Costs to cover
1.334%
Break-even
never at this rate
Slippage from KuCoin: live order book, just now; OKX: live order book, 5 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, just now2.43 bp46.3 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago2.42 bp23.7 bp −$2481.9 bp −$819doesn't fitdoesn't fit

GALA on 15 exchanges

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+2.427%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002062+0.097%$301K$135K3xas long as short
Aster GALAUSDT+0.0100%8h0.002063+0.149%$16K$8K5xas long as short
Binance GALAUSDT+0.0100%8h0.002062+0.109%$5.4M$15.8M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002061+0.049%$6.0M$5.6M75xas long as short
OKX GALA-USDT-SWAPshort+0.0100%8h0.002061+0.049%$2.1M$3.9M50x
Gate GALA_USDT+0.0100%8h0.002063+0.146%$1.8M$1.4M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002063+0.146%$6.3M$3.0M125xas long as short
KuCoin GALAUSDTMlong+0.0100%8h0.002060long leg$1.7M$4.1M75x
Bitget GALAUSDT+0.0100%8h0.002062+0.097%$2.1M$1.3M75xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GALA-USDT+0.0100%8h0.002062+0.097%$13.8Mas long as short
Variational Omni GALA+0.0100%8h0.002061+0.047%$25K$14Kas long as short
Extended GALA-USD+0.0104%1h0.002060+0.011%$3K$189K5xas long as short
BloFin GALA-USDT+0.0124%8h0.002067+0.340%$300K$60K20xas long as short
Kraken Futures PF_GALAUSD+0.0405%1h0.002064+0.179%$670K$219K25xas long as short