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

GALA

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX−0.021%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$970.974% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.021%, 7d avg −0.045%
Together, before fees−0.086%+ Points / potential airdropExtended: Active · farm board−$9 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: Extended is 0.024% dearer against OKX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GALA-USDT-SWAP0.0020960.0100pay 0.0100% / 8h5h 13m$2.2M$4.2M50x
ShortExtended GALA-USD0.0020960.0104get 0.0013% / 1h13m 42s$3K$145K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.021% → −0.045%
$2.41
Slippage, 4 orders
−$82.35
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$94.1
Costs to cover
0.974%
Break-even
791.2 days
Slippage from OKX: live order book, 4 min ago; Extended: live order book, 47 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, 4 min ago2.38 bp17.9 bp −$1877.2 bp −$772doesn't fitdoesn't fit
Sell Extended live order book, 47 min ago9.56 bp28.8 bp −$29176.7 bp −$1,767doesn't fitdoesn'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−0.0686%1h0.002097+0.044%$663K$175K25xas long as short
KuCoin GALAUSDTM−0.0093%8h0.002094−0.095%$1.8M$5.6M75xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+0.668%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002095−0.048%$308K$160K3xas long as short
Aster GALAUSDT+0.0100%8h0.002098+0.110%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002098+0.082%$5.5M$17.4M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002097+0.048%$6.1M$6.4M75xas long as short
OKX GALA-USDT-SWAPlong+0.0100%8h0.002096long leg$2.2M$4.2M50x
Gate GALA_USDT+0.0100%8h0.002099+0.143%$1.8M$1.3M75xas long as short
MEXC GALA_USDT+0.0100%8h0.0020960.000%$6.3M$3.4M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.0020960.000%$2.2M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.0020960.000%$11.2Mas long as short
Variational Omni GALA+0.0100%8h0.002102+0.267%$26K$21Kas long as short
Extended GALA-USDshort+0.0104%1h0.002096−0.021%$3K$145K5x
BloFin GALA-USDT+0.0130%8h0.002103+0.334%$310K$70K20xas long as short