Funding arb · Price arb /

GALA

all GALA markets

Swap Backtest

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: Gate against Bitget0.000%7-day average +0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$970.972% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 7 days+0.089%+$9 · spread now 0.000%, 7d avg +0.074%

Together, before fees+0.111%+$11 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: Gate is 0.074% 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 +0.074%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GALAUSDT	0.002082	0.0100	pay 0.0100% / 8h	4h 43m	$2.2M	$1.2M	75x
Short	Gate GALA_USDT	0.002082	0.0100	get 0.0100% / 8h	4h 43m	$1.8M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BitgetbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.074%: −$7.4
Slippage, 4 orders: −$70.16
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$104.56
Costs to cover: 0.972%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Gate: live order book, 4 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 Bitget live order book, 4 min ago	2.41 bp	18.9 bp −$19	89.9 bp −$899	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	2.40 bp	26.4 bp −$26	117.2 bp −$1,172	doesn't fit	doesn't fit

GALA on 15 venues

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
Kraken Futures PF_GALAUSD	−0.0287%	1h	0.002080	−0.103%	$657K	$177K	25x	as long as short
KuCoin GALAUSDTM	−0.0074%	8h	0.002080	−0.096%	$1.7M	$5.5M	75x	as long as short
Injective GALA/USDC PERP	+0.0033%	1h	0.002110	+1.345%	$2K	$7K	5.5x	as long as short
BloFin GALA-USDT	+0.0090%	8h	0.002083	+0.048%	$308K	$69K	20x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002080	−0.096%	$305K	$161K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002084	+0.081%	$17K	$11K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002080	−0.075%	$5.5M	$17.4M	75x	as long as short
Bybit GALAUSDT	+0.0100%	8h	0.002080	−0.096%	$6.0M	$6.4M	75x	as long as short
OKX GALA-USDT-SWAP	+0.0100%	8h	0.002078	−0.192%	$2.2M	$4.2M	50x	as long as short
Gate GALA_USDTshort	+0.0100%	8h	0.002082	0.000%	$1.8M	$1.3M	75x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC GALA_USDT	+0.0100%	8h	0.002080	−0.096%	$5.9M	$3.4M	125x	as long as short
Bitget GALAUSDTlong	+0.0100%	8h	0.002082	long leg	$2.2M	$1.2M	75x
BingX GALA-USDT	+0.0100%	8h	0.002083	+0.048%	—	$11.2M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002079	−0.139%	$25K	$21K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002082	+0.012%	$2K	$138K	5x	as long as short