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: MEXC against OKX−0.048%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$480.483% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 7 days+0.117%+$12 · spread now −0.048%, 7d avg +0.007%
Together, before fees+0.093%+$9 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: MEXC is 0.055% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GALA-USDT-SWAP0.0020790.0100pay 0.0100% / 8h6h 38m$2.2M$4.3M50x
ShortMEXC GALA_USDT0.0020780.0100get 0.0100% / 8h6h 38m$6.0M$3.5M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.048% → +0.007%
−$5.53
Slippage, 4 orders
−$38.28
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$53.81
Costs to cover
0.483%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; MEXC: 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 bp17.9 bp −$1878.3 bp −$783doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago2.40 bp3.4 bp −$310.5 bp −$105103.9 bp −$10.4K176.1 bp −$88.1K

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−0.0226%1h0.002077−0.114%$661K$169K25xas long as short
KuCoin GALAUSDTM−0.0017%8h0.002076−0.144%$1.8M$5.9M75xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+1.491%$2K$7K5.5xas long as short
BloFin GALA-USDT+0.0090%8h0.002088+0.433%$312K$63K20xas long as short
Hyperliquid GALA+0.0100%1h0.0020790.000%$303K$162K3xas long as short
Aster GALAUSDT+0.0100%8h0.002083+0.202%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002081+0.096%$5.5M$17.7M75xas long as short
Bybit GALAUSDT+0.0100%8h0.0020790.000%$6.0M$6.5M75xas long as short
OKX GALA-USDT-SWAPlong+0.0100%8h0.002079long leg$2.2M$4.3M50x
Gate GALA_USDT+0.0100%8h0.002080+0.048%$1.7M$1.2M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GALA_USDTshort+0.0100%8h0.002078−0.048%$6.0M$3.5M125x
Bitget GALAUSDT+0.0100%8h0.002081+0.096%$2.2M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.002080+0.048%$11.1Mas long as short
Variational Omni GALA+0.0100%8h0.002081+0.105%$25K$21Kas long as short
Extended GALA-USD+0.0104%1h0.002079−0.023%$5K$142K5xas long as short