Funding arb · Price arb /

GALA

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Swap Backtest

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: KuCoin against MEXC0.000%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$970.971% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 7 days−0.010%−$1 · spread now 0.000%, 7d avg −0.034%

Together, before fees−0.078%−$8 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: KuCoin is 0.034% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GALA_USDT	0.002058	0.0100	pay 0.0100% / 8h	5h 52m	$6.2M	$3.0M	125x
Short	KuCoin GALAUSDTM	0.002058	0.0100	get 0.0100% / 8h	5h 52m	$1.7M	$4.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.034%: $3.37
Slippage, 4 orders: −$85.08
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$93.72
Costs to cover: 0.971%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago	2.43 bp	4.6 bp −$5	16.3 bp −$163	122.6 bp −$12.3K	193.2 bp −$96.6K
Sell KuCoin live order book, 3 min ago	2.43 bp	40.9 bp −$41	doesn't fit	doesn't fit	doesn't fit

GALA on 15 exchanges

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	+2.527%	$2K	$7K	5.5x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002058	0.000%	$301K	$134K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002060	+0.087%	$16K	$8K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002058	0.000%	$5.4M	$15.8M	75x	as long as short
Bybit GALAUSDT	+0.0100%	8h	0.002057	−0.049%	$5.9M	$5.5M	75x	as long as short
OKX GALA-USDT-SWAP	+0.0100%	8h	0.002058	0.000%	$2.1M	$3.9M	50x	as long as short
Gate GALA_USDT	+0.0100%	8h	0.002060	+0.097%	$1.8M	$1.4M	75x	as long as short
MEXC GALA_USDTlong	+0.0100%	8h	0.002058	long leg	$6.2M	$3.0M	125x
KuCoin GALAUSDTMshort	+0.0100%	8h	0.002058	0.000%	$1.7M	$4.1M	75x
Bitget GALAUSDT	+0.0100%	8h	0.002059	+0.049%	$2.1M	$1.3M	75x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GALA-USDT	+0.0100%	8h	0.002058	0.000%	—	$13.8M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002061	+0.145%	$25K	$14K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002058	+0.016%	$3K	$189K	5x	as long as short
BloFin GALA-USDT	+0.0128%	8h	0.002060	+0.097%	$300K	$60K	20x	as long as short
Kraken Futures PF_GALAUSD	+0.0405%	1h	0.002062	+0.197%	$670K	$219K	25x	as long as short