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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0106%/8h= +11.6% APRnext payment +$1.06 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against KuCoin+0.048%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1201.196% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.092%+$9 on $10k
Price spread, last 7 days−0.196%−$20 · spread now +0.048%, 7d avg +0.020%
Together, before fees−0.104%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.027% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GALAUSDTM0.002098−0.0006get 0.0006% / 8h3h 18m$1.8M$5.1M75x
ShortBingX GALA-USDT0.0020990.0100get 0.0100% / 8h3h 18m$11.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$22.26
Price spread: +0.048% → +0.020%
$2.72
Slippage, 4 orders
−$97.63
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$94.65
Costs to cover
1.196%
Break-even
36.8 days
Slippage from KuCoin: live order book, 5 min ago; BingX: live order book, 5 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 KuCoin live order book, 5 min ago4.79 bp42.5 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago7.18 bp22.5 bp −$2246.4 bp −$464234.9 bp −$23.5Kdoesn'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
Kraken Futures PF_GALAUSD−0.0165%1h0.002105+0.313%$666K$180K25xas long as short
KuCoin GALAUSDTMlong−0.0006%8h0.002098long leg$1.8M$5.1M75x
Injective GALA/USDC PERP+0.0033%1h0.002110+0.572%$2K$7K5.5xas long as short
BloFin GALA-USDT+0.0074%8h0.002099+0.048%$311K$67K20xas long as short
Hyperliquid GALA+0.0100%1h0.002102+0.191%$308K$155K3xas long as short
Aster GALAUSDT+0.0100%8h0.002101+0.127%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002101+0.127%$5.5M$17.0M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002100+0.095%$6.1M$6.0M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002102+0.191%$2.2M$4.0M50xas long as short
Gate GALA_USDT+0.0100%8h0.002100+0.095%$1.8M$1.4M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GALA_USDT+0.0100%8h0.002100+0.095%$5.8M$3.4M125xas long as short
Bitget GALAUSDT+0.0100%8h0.002102+0.191%$2.2M$1.2M75xas long as short
BingX GALA-USDTshort+0.0100%8h0.002099+0.048%$11.0M
Variational Omni GALA+0.0100%8h0.002097−0.065%$25K$20Kas long as short
Extended GALA-USD+0.0104%1h0.002099+0.058%$440$89K5xas long as short