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: Binance against Bitget0.000%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$740.743% 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+0.089%+$9 · spread now 0.000%, 7d avg +0.072%
Together, before fees+0.072%+$7 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: Binance is 0.072% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GALAUSDT0.0020970.0100pay 0.0100% / 8h6h 21m$2.2M$1.2M75x
ShortBinance GALAUSDT0.0020970.0100get 0.0100% / 8h6h 21m$5.5M$17.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: 0.000% → +0.072%
−$7.17
Slippage, 4 orders
−$52.34
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$81.51
Costs to cover
0.743%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: 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 Bitget live order book, 5 min ago2.38 bp22.4 bp −$2294.2 bp −$942doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago2.38 bp17.9 bp −$1842.4 bp −$424448.9 bp −$44.9Kdoesn't fit

GALA on 14 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+0.096%$667K$171K25xas long as short
KuCoin GALAUSDTM−0.0032%8h0.002094−0.143%$1.8M$5.8M75xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+0.620%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002098+0.048%$306K$161K3xas long as short
Aster GALAUSDT+0.0100%8h0.002098+0.063%$17K$11K5xas long as short
Binance GALAUSDTshort+0.0100%8h0.0020970.000%$5.5M$17.6M75x
Bybit GALAUSDT+0.0100%8h0.0020970.000%$6.1M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002095−0.095%$2.2M$4.3M50xas long as short
Gate GALA_USDT+0.0100%8h0.002098+0.048%$1.8M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.0020970.000%$6.1M$3.5M125xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDTlong+0.0100%8h0.002097long leg$2.2M$1.2M75x
BingX GALA-USDT+0.0100%8h0.002096−0.048%$11.1Mas long as short
Variational Omni GALA+0.0100%8h0.002102+0.222%$26K$21Kas long as short
Extended GALA-USD+0.0104%1h0.002097+0.023%$2K$145K5xas long as short