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: Gate against BingX+0.048%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$920.923% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 7 days+0.001%$0 · spread now +0.048%, 7d avg +0.020%

Together, before fees−0.016%−$2 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: Gate is 0.029% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GALA-USDT	0.002080	0.0100	pay 0.0100% / 8h	4h 44m	—	$11.2M	—
Short	Gate GALA_USDT	0.002081	0.0100	get 0.0100% / 8h	4h 44m	$1.8M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.048%Rate

Funding earned: $0
Price spread: +0.048% → +0.020%: $2.85
Slippage, 4 orders: −$67.29
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$89.44
Costs to cover: 0.923%
Break-even: never at this rate

Slippage from BingX: live order book, 8 min ago; Gate: live order book, 3 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, 8 min ago	4.79 bp	15.2 bp −$15	40.2 bp −$402	430.9 bp −$43.1K	doesn't fit
Sell Gate live order book, 3 min ago	2.40 bp	26.4 bp −$26	117.2 bp −$1,172	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	−0.0287%	1h	0.002079	−0.043%	$657K	$177K	25x	as long as short
KuCoin GALAUSDTM	−0.0076%	8h	0.002079	−0.048%	$1.7M	$5.5M	75x	as long as short
Injective GALA/USDC PERP	+0.0033%	1h	0.002110	+1.442%	$2K	$7K	5.5x	as long as short
BloFin GALA-USDT	+0.0099%	8h	0.002079	−0.048%	$310K	$69K	20x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002080	0.000%	$305K	$161K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002080	+0.020%	$17K	$11K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002081	+0.045%	$5.5M	$17.4M	75x	as long as short
Bybit GALAUSDT	+0.0100%	8h	0.002081	+0.048%	$6.0M	$6.4M	75x	as long as short
OKX GALA-USDT-SWAP	+0.0100%	8h	0.002081	+0.048%	$2.2M	$4.2M	50x	as long as short
Gate GALA_USDTshort	+0.0100%	8h	0.002081	+0.048%	$1.8M	$1.3M	75x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC GALA_USDT	+0.0100%	8h	0.002081	+0.048%	$6.0M	$3.4M	125x	as long as short
Bitget GALAUSDT	+0.0100%	8h	0.002079	−0.048%	$2.2M	$1.2M	75x	as long as short
BingX GALA-USDTlong	+0.0100%	8h	0.002080	long leg	—	$11.2M	—
Variational Omni GALA	+0.0100%	8h	0.002079	−0.043%	$25K	$21K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002080	−0.005%	$2K	$138K	5x	as long as short