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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.011%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$860.861% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%−$1 on $10k
Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.011%, 7d avg +0.047%
Together, before fees+0.063%+ Points / potential airdropExtended: Active · farm board+$6 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 0.035% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GALA-USD0.0020970.0104pay 0.0013% / 1h56m 12s$3K$147K5x
ShortBinance GALAUSDT0.0020970.0100get 0.0100% / 8h5h 56m$5.5M$17.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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: +0.011% → +0.047%
−$3.51
Slippage, 4 orders
−$71.11
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$90.47
Costs to cover
0.861%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Binance: live order book, 15 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 Extended live order book, 4 min ago9.56 bp28.7 bp −$29159.4 bp −$1,594doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago2.39 bp13.8 bp −$1437.2 bp −$372454.8 bp −$45.5Kdoesn'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−0.0687%1h0.002096−0.065%$665K$173K25xas long as short
KuCoin GALAUSDTM−0.0053%8h0.002095−0.100%$1.8M$5.7M75xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+0.615%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002095−0.100%$305K$159K3xas long as short
Aster GALAUSDT+0.0100%8h0.002097−0.001%$17K$11K5xas long as short
Binance GALAUSDTshort+0.0100%8h0.002097+0.011%$5.5M$17.3M75x
Bybit GALAUSDT+0.0100%8h0.002094−0.148%$6.1M$6.4M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002093−0.196%$2.2M$4.2M50xas long as short
Gate GALA_USDT+0.0100%8h0.002097−0.005%$1.8M$1.3M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002095−0.100%$6.1M$3.4M125xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002096−0.052%$2.2M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.002094−0.148%$11.1Mas long as short
Variational Omni GALA+0.0100%8h0.002098+0.050%$25K$21Kas long as short
Extended GALA-USDlong+0.0104%1h0.002097long leg$3K$147K5x