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

GALA

all GALA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX−0.001%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$990.991% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)−0.186%−$19 · spread now −0.001%, 7d avg −0.047%
Together, before fees−0.205%+ Points / potential airdropExtended: Active · farm board−$21 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: Extended is 0.046% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GALA-USDT-SWAP0.0020790.0100pay 0.0100% / 8h7h 50m$2.2M$4.4M50x
ShortExtended GALA-USD0.0020790.0104get 0.0013% / 1h50m 53s$2K$157K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.001% → −0.047%
$4.6
Slippage, 4 orders
−$84.13
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$93.68
Costs to cover
0.991%
Break-even
787.7 days
Slippage from OKX: live order book, 2 min ago; Extended: live order book, 20 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, 2 min ago2.40 bp17.7 bp −$1866.5 bp −$665doesn't fitdoesn't fit
Sell Extended live order book, 20 min ago9.64 bp29.2 bp −$29134.3 bp −$1,343doesn'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
Injective GALA/USDC PERP+0.0033%1h0.002110+1.491%$2K$7K5.5xas long as short
KuCoin GALAUSDTM+0.0060%8h0.002078−0.048%$1.7M$6.1M75xas long as short
Hyperliquid GALA+0.0100%1h0.002081+0.096%$308K$170K3xas long as short
Aster GALAUSDT+0.0100%8h0.002080+0.048%$17K$10K5xas long as short
Binance GALAUSDT+0.0100%8h0.002081+0.096%$5.4M$17.9M75xas long as short
Bybit GALAUSDT+0.0100%8h0.0020790.000%$6.1M$6.5M75xas long as short
OKX GALA-USDT-SWAPlong+0.0100%8h0.002079long leg$2.2M$4.4M50x
Gate GALA_USDT+0.0100%8h0.002081+0.096%$1.7M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.0020790.000%$6.0M$3.5M125xas long as short
Bitget GALAUSDT+0.0100%8h0.002080+0.048%$2.1M$1.3M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GALA-USDT+0.0100%8h0.002081+0.096%$11.1Mas long as short
Variational Omni GALA+0.0100%8h0.002081+0.105%$25K$21Kas long as short
Extended GALA-USDshort+0.0104%1h0.002079−0.001%$2K$157K5x
BloFin GALA-USDT+0.0104%8h0.002082+0.144%$306K$70K20xas long as short
Kraken Futures PF_GALAUSD+0.0367%1h0.002081+0.089%$661K$165K25xas long as short