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: Bybit against Binance+0.096%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$620.620% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 7 days−0.145%−$14 · spread now +0.096%, 7d avg −0.024%
Together, before fees−0.162%−$16 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: Bybit is 0.119% dearer against Binance than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GALAUSDT0.0020930.0100pay 0.0100% / 8h7h 33m$5.5M$17.8M75x
ShortBybit GALAUSDT0.0020950.0100get 0.0100% / 8h7h 33m$6.1M$6.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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: +0.096% → −0.024%
$11.94
Slippage, 4 orders
−$40.97
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$50.03
Costs to cover
0.620%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Bybit: 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 Binance live order book, 8 min ago2.39 bp14.5 bp −$1534.9 bp −$349doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago2.39 bp16.5 bp −$1751.0 bp −$510doesn'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
Injective GALA/USDC PERP+0.0033%1h0.002110+0.812%$2K$7K5.5xas long as short
KuCoin GALAUSDTM+0.0050%8h0.002091−0.096%$1.8M$6.0M75xas long as short
BloFin GALA-USDT+0.0074%8h0.0020930.000%$308K$68K20xas long as short
Hyperliquid GALA+0.0100%1h0.002095+0.096%$311K$167K3xas long as short
Aster GALAUSDT+0.0100%8h0.002095+0.115%$17K$10K5xas long as short
Binance GALAUSDTlong+0.0100%8h0.002093long leg$5.5M$17.8M75x
Bybit GALAUSDTshort+0.0100%8h0.002095+0.096%$6.1M$6.5M75x
OKX GALA-USDT-SWAP+0.0100%8h0.0020930.000%$2.2M$4.4M50xas long as short
Gate GALA_USDT+0.0100%8h0.002096+0.143%$1.7M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002094+0.048%$6.1M$3.5M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.0020930.000%$2.2M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.002094+0.048%$11.1Mas long as short
Variational Omni GALA+0.0100%8h0.002092−0.039%$26K$21Kas long as short
Extended GALA-USD+0.0104%1h0.002093+0.022%$2K$157K5xas long as short
Kraken Futures PF_GALAUSD+0.0365%1h0.002094+0.050%$665K$164K25xas long as short