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

GALA

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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: Gate against Extended+0.026%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1081.081% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.311%−$31 · spread now +0.026%, 7d avg +0.075%
Together, before fees−0.303%+ Points / potential airdropExtended: Active · farm board−$30 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: Gate is 0.049% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GALA-USD0.0020780.0104pay 0.0013% / 1h47m 47s$2K$191K5x
ShortGate GALA_USDT0.0020790.0100get 0.0100% / 8h7h 47m$1.8M$1.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.026% → +0.075%
−$4.87
Slippage, 4 orders
−$88.14
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$113.85
Costs to cover
1.081%
Break-even
never at this rate
Slippage from Extended: live order book, 55 min ago; Gate: 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, 55 min ago7.24 bp25.6 bp −$26155.5 bp −$1,555doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago4.82 bp26.1 bp −$2693.7 bp −$937doesn't fitdoesn'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+1.518%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002081+0.123%$305K$144K3xas long as short
Aster GALAUSDT+0.0100%8h0.002072−0.300%$16K$8K5xas long as short
Binance GALAUSDT+0.0100%8h0.002074−0.195%$5.4M$17.1M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002079+0.026%$6.0M$6.0M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002081+0.123%$2.2M$4.1M50xas long as short
Gate GALA_USDTshort+0.0100%8h0.002079+0.026%$1.8M$1.5M75x
MEXC GALA_USDT+0.0100%8h0.002080+0.075%$5.6M$3.2M125xas long as short
KuCoin GALAUSDTM+0.0100%8h0.002077−0.070%$1.7M$4.5M75xas long as short
Bitget GALAUSDT+0.0100%8h0.002080+0.075%$2.1M$1.4M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GALA-USDT+0.0100%8h0.002078−0.022%$13.7Mas long as short
Variational Omni GALA+0.0100%8h0.002078−0.014%$25K$14Kas long as short
Extended GALA-USDlong+0.0104%1h0.002078long leg$2K$191K5x
BloFin GALA-USDT+0.0113%8h0.002074−0.214%$301K$65K20xas long as short
Kraken Futures PF_GALAUSD+0.0558%1h0.002080+0.086%$671K$240K25xas long as short