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

GALA

all GALA markets
SwapBacktest
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: Binance against Bybit0.000%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$640.639% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 7 days+0.050%+$5 · spread now 0.000%, 7d avg +0.023%
Together, before fees+0.067%+$7 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: Binance is 0.023% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GALAUSDT0.0020640.0100pay 0.0100% / 8h1h 02m$6.0M$6.0M75x
ShortBinance GALAUSDT0.0020640.0100get 0.0100% / 8h1h 02m$5.4M$17.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
Price spread: 0.000% → +0.023%
−$2.31
Slippage, 4 orders
−$42.87
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$66.19
Costs to cover
0.639%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 8 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 Bybit live order book, 5 min ago2.41 bp18.0 bp −$1852.5 bp −$525doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago2.40 bp19.0 bp −$1950.0 bp −$500368.3 bp −$36.8Kdoesn'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−0.0141%1h0.002067+0.150%$663K$235K25xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+2.229%$2K$7K5.5xas long as short
BloFin GALA-USDT+0.0079%8h0.002074+0.484%$301K$65K20xas long as short
Hyperliquid GALA+0.0100%1h0.0020640.000%$302K$145K3xas long as short
Aster GALAUSDT+0.0100%8h0.002063−0.043%$16K$8K5xas long as short
Binance GALAUSDTshort+0.0100%8h0.0020640.000%$5.4M$17.2M75x
Bybit GALAUSDTlong+0.0100%8h0.002064long leg$6.0M$6.0M75x
OKX GALA-USDT-SWAP+0.0100%8h0.002063−0.048%$2.1M$4.1M50xas long as short
Gate GALA_USDT+0.0100%8h0.002065+0.048%$1.8M$1.5M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002063−0.048%$5.6M$3.3M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GALAUSDTM+0.0100%8h0.002062−0.097%$1.7M$4.7M75xas long as short
Bitget GALAUSDT+0.0100%8h0.002065+0.048%$2.1M$1.3M75xas long as short
BingX GALA-USDT+0.0100%8h0.002065+0.048%$13.7Mas long as short
Variational Omni GALA+0.0100%8h0.002075+0.540%$25K$14Kas long as short
Extended GALA-USD+0.0104%1h0.002063−0.028%$4K$86K5xas long as short