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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended+0.075%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$870.872% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 4 days (all we have)−0.253%−$25 · spread now +0.075%, 7d avg +0.042%
Together, before fees−0.215%+ Points / potential airdropExtended: Active · farm board−$22 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: BingX is 0.033% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GALA-USD0.0020700.0104pay 0.0013% / 1h36m 01s$2K$188K5x
ShortBingX GALA-USDT0.0020720.0100get 0.0100% / 8h7h 36m$13.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.075% → +0.042%
$3.29
Slippage, 4 orders
−$72.18
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$84.73
Costs to cover
0.872%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; BingX: live order book, 2 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, 2 min ago7.24 bp25.6 bp −$26152.7 bp −$1,527doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago4.82 bp19.7 bp −$2046.9 bp −$469238.7 bp −$23.9Kdoesn'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+1.911%$2K$7K5.5xas long as short
KuCoin GALAUSDTM+0.0089%8h0.002072+0.075%$1.7M$4.5M75xas long as short
Hyperliquid GALA+0.0100%1h0.002072+0.075%$303K$143K3xas long as short
Aster GALAUSDT+0.0100%8h0.002074+0.172%$16K$8K5xas long as short
Binance GALAUSDT+0.0100%8h0.002071+0.027%$5.4M$17.1M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002072+0.075%$6.0M$5.9M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002071+0.027%$2.1M$4.1M50xas long as short
Gate GALA_USDT+0.0100%8h0.002073+0.124%$1.8M$1.5M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002072+0.075%$5.5M$3.2M125xas long as short
Bitget GALAUSDT+0.0100%8h0.002072+0.075%$2.1M$1.4M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GALA-USDTshort+0.0100%8h0.002072+0.075%$13.7M
Variational Omni GALA+0.0100%8h0.002073+0.131%$25K$14Kas long as short
Extended GALA-USDlong+0.0104%1h0.002070long leg$2K$188K5x
BloFin GALA-USDT+0.0128%8h0.002077+0.317%$302K$65K20xas long as short
Kraken Futures PF_GALAUSD+0.0560%1h0.002073+0.143%$669K$239K25xas long as short