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−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.054%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$820.816% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.054% dearer against Extended than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GALA-USD0.0020560.0104pay 0.0013% / 1h20m 44s$4K$185K5x
ShortBinance GALAUSDT0.0020570.0100get 0.0100% / 8h20m 44s$5.4M$17.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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
−$0.84
Price spread: +0.054% → 0.000%
$5.4
Slippage, 4 orders
−$66.56
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$77
Costs to cover
0.816%
Break-even
never at this rate
Slippage from Extended: live order book, 22 min ago; Binance: live order book, 5 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 Extended live order book, 22 min ago7.24 bp25.6 bp −$26155.5 bp −$1,555doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago2.43 bp17.2 bp −$1745.7 bp −$457422.0 bp −$42.2Kdoesn'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+2.632%$2K$7K5.5xas long as short
Kraken Futures PF_GALAUSD+0.0092%1h0.002057+0.076%$664K$239K25xas long as short
Hyperliquid GALA+0.0100%1h0.002056+0.005%$301K$144K3xas long as short
Aster GALAUSDT+0.0100%8h0.002058+0.098%$16K$8K5xas long as short
Binance GALAUSDTshort+0.0100%8h0.002057+0.054%$5.4M$17.2M75x
Bybit GALAUSDT+0.0100%8h0.002057+0.054%$6.0M$6.0M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002057+0.054%$2.1M$4.1M50xas long as short
Gate GALA_USDT+0.0100%8h0.002059+0.151%$1.8M$1.6M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002056+0.005%$5.5M$3.3M125xas long as short
KuCoin GALAUSDTM+0.0100%8h0.002056+0.005%$1.7M$4.6M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002057+0.054%$2.1M$1.4M75xas long as short
BingX GALA-USDT+0.0100%8h0.002058+0.103%$13.7Mas long as short
Variational Omni GALA+0.0100%8h0.002055−0.036%$25K$14Kas long as short
Extended GALA-USDlong+0.0104%1h0.002056long leg$4K$185K5x
BloFin GALA-USDT+0.0129%8h0.002055−0.043%$301K$65K20xas long as short