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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin0.000%61s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$660.663% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 3 days (all we have)−0.157%−$16 · spread now 0.000%, 7d avg +0.002%
Together, before fees−0.149%−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GALA-USDT0.0020810.0096pay 0.0096% / 8h1h 08m$306K$73K20x
ShortBinance GALAUSDT0.0020810.0100get 0.0100% / 8h1h 08m$5.4M$17.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$0.86
Price spread: 0.000% → +0.002%
−$0.17
Slippage, 4 orders
−$44.32
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$65.63
Costs to cover
0.663%
Break-even
542.1 days
Slippage from BloFin: live order book, 4 min ago; Binance: 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 BloFin live order book, 4 min ago4.80 bp10.8 bp −$1121.1 bp −$211239.6 bp −$24.0Kdoesn't fit
Sell Binance live order book, 3 min ago2.40 bp16.5 bp −$1741.0 bp −$410439.7 bp −$44.0Kdoesn'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+1.394%$2K$7K5.5xas long as short
BloFin GALA-USDTlong+0.0096%8h0.002081long leg$306K$73K20x
Hyperliquid GALA+0.0100%1h0.0020810.000%$309K$170K3xas long as short
Aster GALAUSDT+0.0100%8h0.002081+0.019%$17K$10K5xas long as short
Binance GALAUSDTshort+0.0100%8h0.0020810.000%$5.4M$17.6M75x
Bybit GALAUSDT+0.0100%8h0.002079−0.096%$6.0M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002079−0.096%$2.2M$4.4M50xas long as short
Gate GALA_USDT+0.0100%8h0.002082+0.048%$1.8M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.0020810.000%$5.7M$3.5M125xas long as short
KuCoin GALAUSDTM+0.0100%8h0.002078−0.144%$1.8M$6.3M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.0020810.000%$2.1M$1.3M75xas long as short
BingX GALA-USDT+0.0100%8h0.0020810.000%$11.4Mas long as short
Variational Omni GALA+0.0100%8h0.002080−0.038%$25K$18Kas long as short
Extended GALA-USD+0.0104%1h0.002081−0.021%$3K$156K5xas long as short
Kraken Futures PF_GALAUSD+0.0873%1h0.002084+0.163%$660K$155K25xas long as short