Funding arb · Price arb /

GALA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against MEXC+0.098%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$630.631% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 7 days−0.138%−$14 · spread now +0.098%, 7d avg +0.012%

Together, before fees−0.099%−$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.086% dearer against MEXC than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GALA_USDT	0.002043	0.0100	pay 0.0100% / 8h	2h 22m	$5.2M	$3.4M	125x
Short	Gate GALA_USDT	0.002045	0.0100	get 0.0100% / 8h	2h 22m	$1.7M	$1.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee GatebpOrdersPrice spread, now +0.098%Rate

Funding earned: $0
Price spread: +0.098% → +0.012%: $8.63
Slippage, 4 orders: −$48.11
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$54.48
Costs to cover: 0.631%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 5 min ago	2.46 bp	7.2 bp −$7	22.7 bp −$227	113.9 bp −$11.4K	185.9 bp −$93.0K
Sell Gate live order book, 5 min ago	4.91 bp	26.8 bp −$27	97.3 bp −$973	doesn't fit	doesn't fit

GALA on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GALA/USDC PERP	+0.0033%	1h	0.002110	+3.279%	$2K	$7K	5.5x	as long as short
KuCoin GALAUSDTM	+0.0084%	8h	0.002041	−0.098%	$1.7M	$4.9M	75x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002043	0.000%	$299K	$156K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002044	+0.026%	$17K	$8K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002046	+0.127%	$5.4M	$17.3M	75x	as long as short
Bybit GALAUSDT	+0.0100%	8h	0.002047	+0.196%	$5.9M	$6.1M	75x	as long as short
OKX GALA-USDT-SWAP	+0.0100%	8h	0.002047	+0.196%	$2.1M	$4.0M	50x	as long as short
Gate GALA_USDTshort	+0.0100%	8h	0.002045	+0.098%	$1.7M	$1.5M	75x
MEXC GALA_USDTlong	+0.0100%	8h	0.002043	long leg	$5.2M	$3.4M	125x
Bitget GALAUSDT	+0.0100%	8h	0.002043	0.000%	$2.1M	$1.3M	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GALA-USDT	+0.0100%	8h	0.002042	−0.049%	—	$10.9M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002035	−0.384%	$25K	$15K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002044	+0.039%	$4K	$83K	5x	as long as short
BloFin GALA-USDT	+0.0111%	8h	0.002039	−0.196%	$300K	$65K	20x	as long as short
Kraken Futures PF_GALAUSD	+0.0628%	1h	0.002042	−0.061%	$654K	$212K	25x	as long as short