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

GALA

all GALA markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Gate+0.167%7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$1161.159% of the position
Long on GateShort on Extended
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)−0.189%−$19 · spread now +0.167%, 7d avg −0.076%
Together, before fees−0.222%+ Points / potential airdropExtended: Active · farm board−$22 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: Extended is 0.243% dearer against Gate than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GALA_USDT0.0020940.0100pay 0.0100% / 8h5h 56m$1.8M$1.3M75x
ShortExtended GALA-USD0.0020970.0104get 0.0013% / 1h56m 37s$3K$147K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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: +0.167% → −0.076%
$24.35
Slippage, 4 orders
−$95.92
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$90.74
Costs to cover
1.159%
Break-even
763.1 days
Slippage from Gate: live order book, 1 min ago; Extended: live order book, 4 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 Gate live order book, 1 min ago4.79 bp28.1 bp −$2892.6 bp −$926doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago9.56 bp28.8 bp −$29176.7 bp −$1,767doesn't fitdoesn'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−0.0690%1h0.002086−0.403%$663K$172K25xas long as short
KuCoin GALAUSDTM−0.0053%8h0.002089−0.239%$1.7M$5.7M75xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+0.764%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.0020940.000%$305K$159K3xas long as short
Aster GALAUSDT+0.0100%8h0.002088−0.302%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002097+0.143%$5.5M$17.3M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002097+0.143%$6.1M$6.4M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002097+0.143%$2.2M$4.3M50xas long as short
Gate GALA_USDTlong+0.0100%8h0.002094long leg$1.8M$1.3M75x
MEXC GALA_USDT+0.0100%8h0.002097+0.143%$6.1M$3.4M125xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002098+0.191%$2.2M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.0020940.000%—$11.1M—as long as short
Variational Omni GALA+0.0100%8h0.002093−0.041%$25K$21K—as long as short
Extended GALA-USDshort+0.0104%1h0.002097+0.167%$3K$147K5x