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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.103%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$650.646% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 7 days+0.044%+$4 · spread now −0.103%, 7d avg −0.015%
Together, before fees+0.075%+$7 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: OKX is 0.088% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GALAUSDT0.0020870.0100pay 0.0100% / 8h1h 04m$5.4M$17.6M75x
ShortOKX GALA-USDT-SWAP0.0020850.0100get 0.0100% / 8h1h 04m$2.2M$4.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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: −0.103% → −0.015%
−$8.83
Slippage, 4 orders
−$44.57
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$73.4
Costs to cover
0.646%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; OKX: live order book, 3 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 Binance live order book, 6 min ago2.40 bp14.4 bp −$1440.6 bp −$406doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago2.40 bp17.7 bp −$1856.1 bp −$561doesn'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+1.094%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002087−0.008%$309K$171K3xas long as short
Aster GALAUSDT+0.0100%8h0.002086−0.032%$17K$10K5xas long as short
Binance GALAUSDTlong+0.0100%8h0.002087long leg$5.4M$17.6M75x
Bybit GALAUSDT+0.0100%8h0.002086−0.056%$6.0M$6.5M75xas long as short
OKX GALA-USDT-SWAPshort+0.0100%8h0.002085−0.103%$2.2M$4.4M50x
Gate GALA_USDT+0.0100%8h0.002088+0.040%$1.8M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002087−0.008%$5.7M$3.5M125xas long as short
KuCoin GALAUSDTM+0.0100%8h0.002084−0.151%$1.8M$6.3M75xas long as short
Bitget GALAUSDT+0.0100%8h0.002086−0.056%$2.1M$1.3M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GALA-USDT+0.0100%8h0.002086−0.056%$11.4Mas long as short
Variational Omni GALA+0.0100%8h0.002082−0.237%$25K$18Kas long as short
Extended GALA-USD+0.0104%1h0.002087−0.029%$3K$156K5xas long as short
BloFin GALA-USDT+0.0126%8h0.002085−0.103%$306K$73K20xas long as short
Kraken Futures PF_GALAUSD+0.0871%1h0.002089+0.100%$661K$155K25xas long as short