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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.001%
Price spread now: Extended against BloFin−0.020%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$890.887% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 3 days (all we have)−0.311%−$31 · spread now −0.020%, 7d avg −0.042%
Together, before fees−0.294%+ Points / potential airdropExtended: Active · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.022% dearer against BloFin than usual: you sell high and buy low (spread −0.020% now, against its 7-day average of −0.042%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GALA-USDT0.0020850.0126pay 0.0126% / 8h1h 05m$306K$73K20x
ShortExtended GALA-USD0.0020850.0104get 0.0013% / 1h5m 08s$3K$156K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$4.6
Price spread: −0.020% → −0.042%
$2.16
Slippage, 4 orders
−$71.71
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$91.15
Costs to cover
0.887%
Break-even
never at this rate
Slippage from BloFin: live order book, 7 min ago; Extended: live order book, 11 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, 7 min ago4.80 bp10.8 bp −$1121.1 bp −$211239.6 bp −$24.0Kdoesn't fit
Sell Extended live order book, 11 min ago7.22 bp26.7 bp −$27136.7 bp −$1,367doesn'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
Injective GALA/USDC PERP+0.0033%1h0.002110+1.199%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002086+0.048%$309K$171K3xas long as short
Aster GALAUSDT+0.0100%8h0.002086+0.031%$17K$10K5xas long as short
Binance GALAUSDT+0.0100%8h0.002086+0.046%$5.4M$17.6M75xas long as short
Bybit GALAUSDT+0.0100%8h0.0020850.000%$6.0M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.0020850.000%$2.2M$4.4M50xas long as short
Gate GALA_USDT+0.0100%8h0.002086+0.048%$1.8M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002087+0.096%$5.7M$3.5M125xas long as short
KuCoin GALAUSDTM+0.0100%8h0.002083−0.096%$1.8M$6.3M75xas long as short
Bitget GALAUSDT+0.0100%8h0.0020850.000%$2.1M$1.3M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GALA-USDT+0.0100%8h0.0020850.000%$11.4Mas long as short
Variational Omni GALA+0.0100%8h0.002082−0.133%$25K$18Kas long as short
Extended GALA-USDshort+0.0104%1h0.002085−0.020%$3K$156K5x
BloFin GALA-USDTlong+0.0126%8h0.002085long leg$306K$73K20x
Kraken Futures PF_GALAUSD+0.0871%1h0.002089+0.203%$661K$155K25xas long as short