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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GALAUSDT | 0.002064 | 0.0100 | pay 0.0100% / 8h | 1h 02m | $6.0M | $6.0M | 75x |
| Short | Binance GALAUSDT | 0.002064 | 0.0100 | get 0.0100% / 8h | 1h 02m | $5.4M | $17.2M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 5 min ago | 2.41 bp | 18.0 bp −$18 | 52.5 bp −$525 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 2.40 bp | 19.0 bp −$19 | 50.0 bp −$500 | 368.3 bp −$36.8K | doesn't fit |
GALA on 15 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GALAUSD | −0.0141% | 1h | 0.002067 | +0.150% | $663K | $235K | 25x | as long as short |
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +2.229% | $2K | $7K | 5.5x | as long as short |
| BloFin GALA-USDT | +0.0079% | 8h | 0.002074 | +0.484% | $301K | $65K | 20x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002064 | 0.000% | $302K | $145K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002063 | −0.043% | $16K | $8K | 5x | as long as short |
| Binance GALAUSDTshort | +0.0100% | 8h | 0.002064 | 0.000% | $5.4M | $17.2M | 75x | |
| Bybit GALAUSDTlong | +0.0100% | 8h | 0.002064 | long leg | $6.0M | $6.0M | 75x | |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002063 | −0.048% | $2.1M | $4.1M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002065 | +0.048% | $1.8M | $1.5M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002063 | −0.048% | $5.6M | $3.3M | 125x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GALAUSDTM | +0.0100% | 8h | 0.002062 | −0.097% | $1.7M | $4.7M | 75x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002065 | +0.048% | $2.1M | $1.3M | 75x | as long as short |
| BingX GALA-USDT | +0.0100% | 8h | 0.002065 | +0.048% | — | $13.7M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002075 | +0.540% | $25K | $14K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002063 | −0.028% | $4K | $86K | 5x | as long as short |
Bybit GALAUSDT
Binance GALAUSDT
Kraken Futures PF_GALAUSD
Injective GALA/USDC PERP
BloFin GALA-USDT
Hyperliquid GALA
Aster GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
KuCoin GALAUSDTM
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD