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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0019%/8h= −2.1% APRnext payment $0.19 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BloFin0.000%64s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.465% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.471%−$47 · spread now 0.000%, 7d avg −0.010%
Together, before fees−0.462%−$46 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GALA-USDT0.0020810.0119pay 0.0119% / 8h5h 04m$309K$69K20x
ShortMEXC GALA_USDT0.0020810.0100get 0.0100% / 8h5h 04m$6.3M$3.4M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$3.97
Price spread: 0.000% → −0.010%
$1.04
Slippage, 4 orders
−$34.45
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$49.38
Costs to cover
0.465%
Break-even
never at this rate
Slippage from BloFin: live order book, 28 min ago; MEXC: live order book, 4 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, 28 min ago4.75 bp15.2 bp −$1521.2 bp −$212210.3 bp −$21.0Kdoesn't fit
Sell MEXC live order book, 4 min ago2.40 bp4.2 bp −$414.8 bp −$14894.7 bp −$9,474174.2 bp −$87.1K

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−0.0691%1h0.002082+0.057%$658K$176K25xas long as short
KuCoin GALAUSDTM−0.0091%8h0.002079−0.096%$1.7M$5.5M75xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+1.394%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002080−0.048%$306K$160K3xas long as short
Aster GALAUSDT+0.0100%8h0.002083+0.118%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.0020810.000%$5.5M$17.4M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002080−0.048%$6.0M$6.4M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002079−0.096%$2.2M$4.2M50xas long as short
Gate GALA_USDT+0.0100%8h0.002083+0.096%$1.8M$1.3M75xas long as short
MEXC GALA_USDTshort+0.0100%8h0.0020810.000%$6.3M$3.4M125x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002082+0.048%$2.2M$1.2M75xas long as short
BingX GALA-USDT+0.0100%8h0.002082+0.048%$11.2Mas long as short
Variational Omni GALA+0.0100%8h0.002079−0.092%$25K$21Kas long as short
Extended GALA-USD+0.0104%1h0.002079−0.073%$2K$144K5xas long as short
BloFin GALA-USDTlong+0.0119%8h0.002081long leg$309K$69K20x