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 Bybit−0.017%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$650.651% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now −0.017%, 7d avg +0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.041% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GALAUSDT | 0.002098 | 0.0100 | pay 0.0100% / 8h | 7h 27m | $6.1M | $6.5M | 75x |
| Short | Binance GALAUSDT | 0.002098 | 0.0100 | get 0.0100% / 8h | 7h 27m | $5.5M | $17.8M | 75x |
Bybit GALAUSDT
Binance GALAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.017% → +0.024%
- −$4.05
- Slippage, 4 orders
- −$44.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$69.15
- Costs to cover
- 0.651%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 13 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 Bybit live order book, 5 min ago | 2.39 bp | 15.2 bp −$15 | 46.4 bp −$464 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.39 bp | 16.2 bp −$16 | 45.0 bp −$450 | 353.0 bp −$35.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +0.572% | $2K | $7K | 5.5x | as long as short |
| KuCoin GALAUSDTM | +0.0044% | 8h | 0.002094 | −0.191% | $1.8M | $6.0M | 75x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002098 | 0.000% | $311K | $167K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002095 | −0.131% | $17K | $10K | 5x | as long as short |
| Binance GALAUSDTshort | +0.0100% | 8h | 0.002098 | −0.017% | $5.5M | $17.8M | 75x | |
| Bybit GALAUSDTlong | +0.0100% | 8h | 0.002098 | long leg | $6.1M | $6.5M | 75x | |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002097 | −0.048% | $2.2M | $4.4M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002097 | −0.048% | $1.7M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002098 | 0.000% | $6.1M | $3.5M | 125x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002097 | −0.048% | $2.2M | $1.2M | 75x | as long as short |
Injective GALA/USDC PERP
KuCoin GALAUSDTM
Hyperliquid GALA
Aster GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
Bitget GALAUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GALA-USDT | +0.0100% | 8h | 0.002097 | −0.048% | — | $11.1M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002095 | −0.135% | $26K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002097 | −0.071% | $2K | $157K | 5x | as long as short |
| BloFin GALA-USDT | +0.0116% | 8h | 0.002093 | −0.238% | $308K | $66K | 20x | as long as short |
| Kraken Futures PF_GALAUSD | +0.0364% | 1h | 0.002098 | −0.016% | $666K | $164K | 25x | as long as short |
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD
BloFin GALA-USDT
Kraken Futures PF_GALAUSD