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Funding arb · Price arb /

GALA

all GALA markets
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Alert: funding
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Alert: spread
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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: Bybit against OKX+0.096%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$640.636% of the position
Long on OKXShort on Bybit
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 7 days−0.067%−$7 · spread now +0.096%, 7d avg −0.009%
Together, before fees−0.107%−$11 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: Bybit is 0.106% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GALA-USDT-SWAP0.0020740.0100pay 0.0100% / 8h5h 03m$2.2M$4.2M50x
ShortBybit GALAUSDT0.0020760.0100get 0.0100% / 8h5h 03m$6.0M$6.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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: +0.096% → −0.009%
$10.56
Slippage, 4 orders
−$42.56
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$53.01
Costs to cover
0.636%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Bybit: 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 OKX live order book, 4 min ago2.40 bp18.3 bp −$1875.0 bp −$750doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago2.40 bp15.5 bp −$1538.1 bp −$381doesn'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−0.0691%1h0.002082+0.395%$658K$176K25xas long as short
KuCoin GALAUSDTM−0.0091%8h0.002073−0.048%$1.7M$5.5M75xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+1.736%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002076+0.096%$305K$160K3xas long as short
Aster GALAUSDT+0.0100%8h0.002080+0.298%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002076+0.078%$5.4M$17.4M75xas long as short
Bybit GALAUSDTshort+0.0100%8h0.002076+0.096%$6.0M$6.4M75x
OKX GALA-USDT-SWAPlong+0.0100%8h0.002074long leg$2.2M$4.2M50x
Gate GALA_USDT+0.0100%8h0.002076+0.096%$1.8M$1.3M75xas long as short
MEXC GALA_USDT+0.0100%8h0.0020740.000%$6.2M$3.4M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002076+0.096%$2.2M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.002075+0.048%—$11.1M—as long as short
Variational Omni GALA+0.0100%8h0.002079+0.246%$25K$21K—as long as short
Extended GALA-USD+0.0104%1h0.002074+0.024%$2K$144K5xas long as short
BloFin GALA-USDT+0.0119%8h0.002081+0.338%$309K$69K20xas long as short