Funding arb · Price arb /

GALA

all GALA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: KuCoin against Gate−0.144%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$164as in the Funding arb table

Net, price: spread back to 7d avg − costs−$167as in the Price arb table

costs, in and out, $10k−$1561.565% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 7 days+0.263%+$26 · spread now −0.144%, 7d avg −0.042%

Together, before fees+0.189%+$19 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: KuCoin is 0.102% cheaper against Gate than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GALA_USDT	0.002079	0.0100	pay 0.0100% / 8h	1h 17m	$1.8M	$1.5M	75x
Short	KuCoin GALAUSDTM	0.002076	0.0100	get 0.0100% / 8h	1h 17m	$1.7M	$4.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now −0.144%Rate

Funding earned: $0
Price spread: −0.144% → −0.042%: −$10.2
Slippage, 4 orders: −$129.47
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$166.67
Costs to cover: 1.565%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 5 min ago	4.81 bp	30.8 bp −$31	83.2 bp −$832	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	4.84 bp	44.0 bp −$44	doesn't fit	doesn't fit	doesn't fit

GALA on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_GALAUSD	−0.0140%	1h	0.002077	−0.084%	$665K	$232K	25x	as long as short
Injective GALA/USDC PERP	+0.0033%	1h	0.002110	+1.491%	$2K	$7K	5.5x	as long as short
BloFin GALA-USDT	+0.0096%	8h	0.002080	+0.048%	$300K	$66K	20x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002076	−0.144%	$303K	$145K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002077	−0.106%	$16K	$8K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002077	−0.096%	$5.4M	$17.3M	75x	as long as short
Bybit GALAUSDT	+0.0100%	8h	0.002077	−0.096%	$6.0M	$6.0M	75x	as long as short
OKX GALA-USDT-SWAP	+0.0100%	8h	0.002077	−0.096%	$2.2M	$4.1M	50x	as long as short
Gate GALA_USDTlong	+0.0100%	8h	0.002079	long leg	$1.8M	$1.5M	75x
MEXC GALA_USDT	+0.0100%	8h	0.002076	−0.144%	$5.5M	$3.3M	125x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GALAUSDTMshort	+0.0100%	8h	0.002076	−0.144%	$1.7M	$4.8M	75x
Bitget GALAUSDT	+0.0100%	8h	0.002077	−0.096%	$2.1M	$1.3M	75x	as long as short
BingX GALA-USDT	+0.0100%	8h	0.002078	−0.048%	—	$13.7M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002078	−0.042%	$25K	$14K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002076	−0.121%	$4K	$86K	5x	as long as short