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

GALA

all GALA markets
SwapBacktest
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 0.000%
Price spread now: Binance against MEXC+0.037%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$450.448% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days−0.077%−$8 · spread now +0.037%, 7d avg +0.009%
Together, before fees−0.076%−$8 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: Binance is 0.028% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC GALA_USDT0.0020720.0100pay 0.0100% / 8h1h 26m$5.5M$3.3M125x
ShortBinance GALAUSDT0.0020730.0100get 0.0100% / 8h1h 26m$5.4M$17.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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
Price spread: +0.037% → +0.009%
$2.84
Slippage, 4 orders
−$34.77
Fee MEXC: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$41.93
Costs to cover
0.448%
Break-even
never at this rate
Slippage from MEXC: live order book, 6 min ago; Binance: live order book, 14 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 MEXC live order book, 6 min ago2.43 bp4.7 bp −$517.7 bp −$177103.7 bp −$10.4K185.3 bp −$92.7K
Sell Binance live order book, 14 min ago2.42 bp17.3 bp −$1747.6 bp −$476442.9 bp −$44.3Kdoesn'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−0.0141%1h0.002070−0.098%$663K$229K25xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+1.834%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002074+0.097%$303K$147K3xas long as short
Aster GALAUSDT+0.0100%8h0.002073+0.025%$16K$8K5xas long as short
Binance GALAUSDTshort+0.0100%8h0.002073+0.037%$5.4M$17.3M75x
Bybit GALAUSDT+0.0100%8h0.002074+0.097%$6.0M$6.0M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002075+0.145%$2.2M$4.1M50xas long as short
Gate GALA_USDT+0.0100%8h0.002073+0.048%$1.8M$1.5M75xas long as short
MEXC GALA_USDTlong+0.0100%8h0.002072long leg$5.5M$3.3M125x
KuCoin GALAUSDTM+0.0100%8h0.002070−0.097%$1.7M$4.8M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002074+0.097%$2.1M$1.3M75xas long as short
BingX GALA-USDT+0.0100%8h0.002074+0.097%$13.7Mas long as short
Variational Omni GALA+0.0100%8h0.002064−0.404%$25K$14Kas long as short
Extended GALA-USD+0.0104%1h0.002071−0.060%$4K$89K5xas long as short
BloFin GALA-USDT+0.0120%8h0.002063−0.434%$300K$65K20xas long as short