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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget−0.011%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1061.065% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.011%, 7d avg +0.037%
Together, before fees+0.084%+ Points / potential airdropExtended: Active · farm board+$8 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: Extended is 0.049% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GALAUSDT0.0021070.0100pay 0.0100% / 8h3h 49m$2.2M$1.2M75x
ShortExtended GALA-USD0.0021070.0104get 0.0013% / 1h49m 33s$1K$143K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
$0.84
Price spread: −0.011% → +0.037%
−$4.89
Slippage, 4 orders
−$89.46
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$110.51
Costs to cover
1.065%
Break-even
927.9 days
Slippage from Bitget: live order book, 3 min ago; Extended: live order book, 1 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 Bitget live order book, 3 min ago4.75 bp21.5 bp −$2169.4 bp −$694doesn't fitdoesn't fit
Sell Extended live order book, 1 min ago11.86 bp34.5 bp −$34163.6 bp −$1,636doesn'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
Kraken Futures PF_GALAUSD−0.0164%1h0.002108+0.055%$667K$180K25xas long as short
KuCoin GALAUSDTM−0.0025%8h0.0021070.000%$1.8M$5.2M75xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+0.142%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002108+0.047%$309K$157K3xas long as short
Aster GALAUSDT+0.0100%8h0.002108+0.049%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002107−0.017%$5.5M$17.0M75xas long as short
Bybit GALAUSDT+0.0100%8h0.0021070.000%$6.1M$6.2M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002106−0.047%$2.2M$4.1M50xas long as short
Gate GALA_USDT+0.0100%8h0.002109+0.095%$1.8M$1.3M75xas long as short
MEXC GALA_USDT+0.0100%8h0.0021070.000%$5.9M$3.4M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDTlong+0.0100%8h0.002107long leg$2.2M$1.2M75x
BingX GALA-USDT+0.0100%8h0.002108+0.047%$11.0Mas long as short
Variational Omni GALA+0.0100%8h0.002107−0.017%$26K$20Kas long as short
Extended GALA-USDshort+0.0104%1h0.002107−0.011%$1K$143K5x
BloFin GALA-USDT+0.0109%8h0.002110+0.142%$310K$68K20xas long as short