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 BingX−0.048%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$700.698% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.048%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.041% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GALA-USDT | 0.002104 | 0.0100 | pay 0.0100% / 8h | 5h 33m | — | $11.1M | — |
| Short | Bybit GALAUSDT | 0.002103 | 0.0100 | get 0.0100% / 8h | 5h 33m | $6.1M | $6.4M | 75x |
BingX GALA-USDT
Bybit GALAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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%
- −$4.08
- Slippage, 4 orders
- −$48.84
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$73.93
- Costs to cover
- 0.698%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago | 4.79 bp | 16.2 bp −$16 | 40.5 bp −$405 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.39 bp | 19.1 bp −$19 | 53.8 bp −$538 | doesn't fit | 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 | −0.0683% | 1h | 0.002105 | +0.053% | $667K | $174K | 25x | as long as short |
| KuCoin GALAUSDTM | −0.0076% | 8h | 0.002102 | −0.095% | $1.8M | $5.6M | 75x | as long as short |
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +0.285% | $2K | $7K | 5.5x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002104 | 0.000% | $309K | $161K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002104 | −0.006% | $17K | $11K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002104 | +0.010% | $5.5M | $17.3M | 75x | as long as short |
| Bybit GALAUSDTshort | +0.0100% | 8h | 0.002103 | −0.048% | $6.1M | $6.4M | 75x | |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002103 | −0.048% | $2.2M | $4.3M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002104 | 0.000% | $1.8M | $1.3M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002104 | 0.000% | $6.1M | $3.4M | 125x | as long as short |
Kraken Futures PF_GALAUSD
KuCoin GALAUSDTM
Injective GALA/USDC PERP
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GALAUSDT | +0.0100% | 8h | 0.002104 | 0.000% | $2.2M | $1.2M | 75x | as long as short |
| BingX GALA-USDTlong | +0.0100% | 8h | 0.002104 | long leg | — | $11.1M | — | |
| Variational Omni GALA | +0.0100% | 8h | 0.002093 | −0.518% | $25K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002104 | +0.014% | $3K | $145K | 5x | as long as short |
| BloFin GALA-USDT | +0.0115% | 8h | 0.002097 | −0.333% | $309K | $70K | 20x | as long as short |
Bitget GALAUSDT
Variational Omni GALA
Extended GALA-USD
BloFin GALA-USDT