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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit−0.075%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$830.830% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.075% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GALAUSDT0.0020680.0100pay 0.0100% / 8h14m 13s$6.0M$6.0M75x
ShortExtended GALA-USD0.0020660.0104get 0.0013% / 1h14m 13s$4K$185K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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: −0.075% → 0.000%
−$7.54
Slippage, 4 orders
−$66.96
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$89.66
Costs to cover
0.830%
Break-even
754.2 days
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 29 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 Bybit live order book, 4 min ago4.85 bp13.5 bp −$1448.3 bp −$483doesn't fitdoesn't fit
Sell Extended live order book, 29 min ago7.24 bp25.7 bp −$26174.9 bp −$1,749doesn'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+2.031%$2K$7K5.5xas long as short
BloFin GALA-USDT+0.0091%8h0.002064−0.193%$301K$65K20xas long as short
Kraken Futures PF_GALAUSD+0.0092%1h0.002069+0.068%$668K$239K25xas long as short
Hyperliquid GALA+0.0100%1h0.002070+0.097%$303K$144K3xas long as short
Aster GALAUSDT+0.0100%8h0.002067−0.068%$16K$8K5xas long as short
Binance GALAUSDT+0.0100%8h0.002067−0.048%$5.4M$17.2M75xas long as short
Bybit GALAUSDTlong+0.0100%8h0.002068long leg$6.0M$6.0M75x
OKX GALA-USDT-SWAP+0.0100%8h0.0020680.000%$2.1M$4.1M50xas long as short
Gate GALA_USDT+0.0100%8h0.0020680.000%$1.8M$1.6M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002065−0.145%$5.5M$3.3M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GALAUSDTM+0.0100%8h0.002065−0.145%$1.7M$4.6M75xas long as short
Bitget GALAUSDT+0.0100%8h0.002069+0.048%$2.1M$1.4M75xas long as short
BingX GALA-USDT+0.0100%8h0.0020680.000%$13.7Mas long as short
Variational Omni GALA+0.0100%8h0.002063−0.233%$25K$14Kas long as short
Extended GALA-USDshort+0.0104%1h0.002066−0.075%$4K$185K5x