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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: OKX against Extended−0.065%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$970.971% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.225%+$23 · spread now −0.065%, 7d avg +0.047%
Together, before fees+0.245%+ Points / potential airdropExtended: Active · farm board+$24 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: OKX is 0.112% cheaper against Extended than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GALA-USD0.0020820.0104pay 0.0013% / 1h1m 21s$480$142K5x
ShortOKX GALA-USDT-SWAP0.0020810.0100get 0.0100% / 8h7h 01m$2.2M$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.065% → +0.047%
−$11.2
Slippage, 4 orders
−$82.12
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$109.16
Costs to cover
0.971%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; OKX: live order book, 1 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 ago9.54 bp28.6 bp −$29149.1 bp −$1,491doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.40 bp17.8 bp −$1857.9 bp −$579doesn'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
KuCoin GALAUSDTM+0.0032%8h0.002082−0.017%$1.8M$5.9M75xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+1.327%$2K$7K5.5xas long as short
BloFin GALA-USDT+0.0099%8h0.002084+0.079%$311K$62K20xas long as short
Hyperliquid GALA+0.0100%1h0.002084+0.079%$309K$162K3xas long as short
Aster GALAUSDT+0.0100%8h0.002087+0.205%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002082−0.005%$5.5M$17.7M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002082−0.017%$6.1M$6.5M75xas long as short
OKX GALA-USDT-SWAPshort+0.0100%8h0.002081−0.065%$2.2M$4.3M50x
Gate GALA_USDT+0.0100%8h0.002085+0.127%$1.7M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002085+0.127%$6.1M$3.5M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002082−0.017%$2.2M$1.3M75xas long as short
BingX GALA-USDT+0.0100%8h0.002084+0.079%$11.1Mas long as short
Variational Omni GALA+0.0100%8h0.002082−0.011%$25K$21Kas long as short
Extended GALA-USDlong+0.0104%1h0.002082long leg$480$142K5x
Kraken Futures PF_GALAUSD+0.0367%1h0.002084+0.092%$662K$164K25xas long as short