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

GALA

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0193%/8h= +21.1% APRpaid last 24h +0.004%
Price spread now: Extended against KuCoin+0.119%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1331.330% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 4 days (all we have)+0.112%+$11 · spread now +0.119%, 7d avg +0.006%
Together, before fees+0.155%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Extended is 0.113% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.006%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GALAUSDTM0.002076−0.0089get 0.0089% / 8h5h 02m$1.7M$5.5M75x
ShortExtended GALA-USD0.0020780.0104get 0.0013% / 1h2m 37s$2K$144K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$40.53
Price spread: +0.119% → +0.006%
$11.31
Slippage, 4 orders
−$116.02
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$81.18
Costs to cover
1.330%
Break-even
21.0 days
Slippage from KuCoin: live order book, 5 min ago; Extended: live order book, 58 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 ago4.80 bp37.6 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 58 min ago9.56 bp28.8 bp −$29176.7 bp −$1,767doesn'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
Kraken Futures PF_GALAUSD−0.0692%1h0.002080+0.199%$658K$176K25xas long as short
KuCoin GALAUSDTMlong−0.0089%8h0.002076long leg$1.7M$5.5M75x
Injective GALA/USDC PERP+0.0033%1h0.002110+1.638%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002079+0.145%$306K$160K3xas long as short
Aster GALAUSDT+0.0100%8h0.002079+0.153%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002079+0.153%$5.5M$17.4M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002078+0.096%$6.0M$6.4M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002077+0.048%$2.2M$4.2M50xas long as short
Gate GALA_USDT+0.0100%8h0.002079+0.145%$1.8M$1.3M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002079+0.145%$6.2M$3.4M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002079+0.145%$2.2M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.002077+0.048%$11.2Mas long as short
Variational Omni GALA+0.0100%8h0.002079+0.149%$25K$21Kas long as short
Extended GALA-USDshort+0.0104%1h0.002078+0.119%$2K$144K5x
BloFin GALA-USDT+0.0106%8h0.002075−0.048%$310K$69K20xas long as short