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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended+0.022%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1091.088% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.022%, 7d avg −0.037%
Together, before fees−0.099%+ Points / potential airdropExtended: Active · farm board−$10 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: Bitget is 0.060% dearer against Extended than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GALA-USD0.0020550.0104pay 0.0013% / 1h34m 54s$4K$83K5x
ShortBitget GALAUSDT0.0020550.0100get 0.0100% / 8h2h 34m$2.1M$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.022% → −0.037%
$5.99
Slippage, 4 orders
−$91.81
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$103.66
Costs to cover
1.088%
Break-even
never at this rate
Slippage from Extended: live order book, 76 min ago; Bitget: live order book, 2 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, 76 min ago11.86 bp30.7 bp −$31177.2 bp −$1,772doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago2.43 bp22.0 bp −$22138.6 bp −$1,386doesn'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+2.699%$2K$7K5.5xas long as short
KuCoin GALAUSDTM+0.0059%8h0.002054−0.026%$1.7M$4.9M75xas long as short
BloFin GALA-USDT+0.0091%8h0.002055+0.022%$306K$65K20xas long as short
Hyperliquid GALA+0.0100%1h0.002056+0.071%$301K$157K3xas long as short
Aster GALAUSDT+0.0100%8h0.002053−0.076%$17K$7K5xas long as short
Binance GALAUSDT+0.0100%8h0.002051−0.195%$5.3M$17.2M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002050−0.221%$5.9M$6.1M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002048−0.318%$2.1M$4.0M50xas long as short
Gate GALA_USDT+0.0100%8h0.002056+0.071%$1.7M$1.4M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002053−0.075%$5.2M$3.4M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDTshort+0.0100%8h0.002055+0.022%$2.1M$1.3M75x
BingX GALA-USDT+0.0100%8h0.002051−0.172%$11.0Mas long as short
Variational Omni GALA+0.0100%8h0.002052−0.139%$25K$15Kas long as short
Extended GALA-USDlong+0.0104%1h0.002055long leg$4K$83K5x
Kraken Futures PF_GALAUSD+0.0623%1h0.002057+0.103%$659K$210K25xas long as short