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

GALA

all GALA markets
SwapBacktest
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: BingX against OKX+0.048%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$710.712% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 7 days+0.002%$0 · spread now +0.048%, 7d avg −0.002%
Together, before fees+0.034%+$3 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: BingX is 0.050% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GALA-USDT-SWAP0.0020980.0100pay 0.0100% / 8h6h 49m$2.2M$4.4M50x
ShortBingX GALA-USDT0.0020990.0100get 0.0100% / 8h6h 49m$11.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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: +0.048% → −0.002%
$5
Slippage, 4 orders
−$51.18
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$66.18
Costs to cover
0.712%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; BingX: live order book, 4 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 OKX live order book, 3 min ago2.39 bp18.9 bp −$1976.6 bp −$766doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago4.77 bp15.2 bp −$1547.5 bp −$475235.2 bp −$23.5Kdoesn'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
Kraken Futures PF_GALAUSD−0.0223%1h0.002099+0.052%$668K$169K25xas long as short
KuCoin GALAUSDTM−0.0001%8h0.002096−0.095%$1.8M$5.9M75xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+0.572%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002099+0.048%$306K$162K3xas long as short
Aster GALAUSDT+0.0100%8h0.002100+0.099%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002100+0.099%$5.5M$17.7M75xas long as short
Bybit GALAUSDT+0.0100%8h0.0020980.000%$6.1M$6.5M75xas long as short
OKX GALA-USDT-SWAPlong+0.0100%8h0.002098long leg$2.2M$4.4M50x
Gate GALA_USDT+0.0100%8h0.002100+0.095%$1.8M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002100+0.095%$6.1M$3.5M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002099+0.048%$2.2M$1.3M75xas long as short
BingX GALA-USDTshort+0.0100%8h0.002099+0.048%$11.1M
Variational Omni GALA+0.0100%8h0.002094−0.182%$25K$21Kas long as short
Extended GALA-USD+0.0104%1h0.002098+0.022%$5K$147K5xas long as short
BloFin GALA-USDT+0.0127%8h0.002088−0.477%$311K$63K20xas long as short