Funding arb · Price arb /

GALA

all GALA markets

Swap Backtest

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 BingX−0.047%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$690.687% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 7 days+0.097%+$10 · spread now −0.047%, 7d avg +0.017%

Together, before fees+0.041%+$4 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 0.065% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GALA-USDT	0.002107	0.0100	pay 0.0100% / 8h	3h 28m	—	$11.0M	—
Short	Binance GALAUSDT	0.002106	0.0100	get 0.0100% / 8h	3h 28m	$5.5M	$17.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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

Position, each leg$Hold fordaysFee BingXbpFee BinancebpOrdersPrice spread, now −0.047%Rate

Funding earned: $0
Price spread: −0.047% → +0.017%: −$6.49
Slippage, 4 orders: −$48.73
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$75.23
Costs to cover: 0.687%
Break-even: never at this rate

Slippage from BingX: live order book, 9 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 9 min ago	7.13 bp	19.5 bp −$19	40.1 bp −$401	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	2.38 bp	14.4 bp −$14	38.3 bp −$383	473.8 bp −$47.4K	doesn't fit

GALA on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_GALAUSD	−0.0164%	1h	0.002108	+0.032%	$667K	$180K	25x	as long as short
KuCoin GALAUSDTM	−0.0003%	8h	0.002104	−0.142%	$1.8M	$5.1M	75x	as long as short
Injective GALA/USDC PERP	+0.0033%	1h	0.002110	+0.142%	$2K	$7K	5.5x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002107	0.000%	$309K	$156K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002107	−0.002%	$17K	$11K	5x	as long as short
Binance GALAUSDTshort	+0.0100%	8h	0.002106	−0.047%	$5.5M	$17.0M	75x
Bybit GALAUSDT	+0.0100%	8h	0.002105	−0.095%	$6.1M	$6.1M	75x	as long as short
OKX GALA-USDT-SWAP	+0.0100%	8h	0.002106	−0.047%	$2.2M	$4.0M	50x	as long as short
Gate GALA_USDT	+0.0100%	8h	0.002108	+0.047%	$1.8M	$1.4M	75x	as long as short
MEXC GALA_USDT	+0.0100%	8h	0.002104	−0.142%	$5.9M	$3.4M	125x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GALAUSDT	+0.0100%	8h	0.002107	0.000%	$2.2M	$1.2M	75x	as long as short
BingX GALA-USDTlong	+0.0100%	8h	0.002107	long leg	—	$11.0M	—
Variational Omni GALA	+0.0100%	8h	0.002108	+0.030%	$26K	$20K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002105	−0.077%	$443	$135K	5x	as long as short
BloFin GALA-USDT	+0.0105%	8h	0.002099	−0.380%	$311K	$68K	20x	as long as short