After costs, if the gap returns to its 7d average, $10k−$125
spread now−0.211%7d average−0.062%fees + slippage, in and out−$110spread needed1.098%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GALAUSD | 0.002093 | 0.1164 | pay 0.0145% / 1h | 4m 41s | $649K | $121K | 25x |
| Short | Binance GALAUSDT | 0.002089 | 0.0100 | get 0.0100% / 8h | 6h 04m | $5.6M | $17.5M | 75x |
Kraken Futures PF_GALAUSD
Binance GALAUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$21.06
- Funding while held
- −$31.91
- Slippage, 4 orders
- −$89.78
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$162.75
- Spread needed to break even
- 1.098%
Slippage from Kraken Futures: live order book, 35 min ago; Binance: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1064%
- Per $10,000 a day
- −$31.91
- Average in range /8h
- —
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 Kraken Futures live order book, 35 min ago | 21.40 bp | 44.9 bp −$45 | 118.5 bp −$1,185 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 2.38 bp | 18.0 bp −$18 | 42.9 bp −$429 | 437.5 bp −$43.8K | doesn't fit |
GALA price on every exchange
against the cheapest. Click to use as the short leg.OKX0.002085cheapestKuCoin0.002085cheapestBitget0.002086+0.048%Bybit0.002087+0.096%Extended0.002088+0.134%Gate0.002088+0.144%MEXC0.002088+0.144%
OKX
KuCoin
Bitget
Bybit
Extended
Gate
MEXCBinance0.002089+0.168%
Aster0.002089+0.177%Hyperliquid0.002089+0.192%BingX0.002089+0.192%
Aster
Hyperliquid
BingXKraken Futures0.002093+0.379%
BloFin0.002094+0.432%Variational Omni0.002097+0.560%Injective0.002110+1.199%
BloFin
Variational Omni
InjectiveGALA on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX GALA-USDT-SWAP | −0.378% | +0.0100% | 8h | $2.3M | $4.2M | 50x | as long as short |
| KuCoin GALAUSDTM | −0.378% | +0.0100% | 8h | $1.8M | $6.3M | 75x | as long as short |
| Bitget GALAUSDT | −0.330% | +0.0100% | 8h | $2.1M | $1.2M | 75x | as long as short |
| Bybit GALAUSDT | −0.282% | +0.0100% | 8h | $6.0M | $6.5M | 75x | as long as short |
| Extended GALA-USD | −0.244% | +0.0104% | 1h | $3K | $156K | 5x | as long as short |
| Gate GALA_USDT | −0.235% | +0.0100% | 8h | $1.7M | $1.1M | 75x | as long as short |
| MEXC GALA_USDT | −0.235% | +0.0100% | 8h | $5.9M | $3.5M | 125x | as long as short |
| Binance GALAUSDTshort | −0.211% | +0.0100% | 8h | $5.6M | $17.5M | 75x | |
| Aster GALAUSDT | −0.201% | +0.0100% | 8h | $17K | $9K | 5x | as long as short |
| Hyperliquid GALA | −0.187% | +0.0100% | 1h | $313K | $187K | 3x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX GALA-USDT | −0.187% | +0.0100% | 8h | — | $11.4M | — | as long as short |
| Kraken Futures PF_GALAUSDlong | 0.000% | +0.1164% | 1h | $649K | $121K | 25x | |
| BloFin GALA-USDT | +0.052% | +0.0124% | 8h | $334K | $103K | 20x | as long as short |
| Variational Omni GALA | +0.180% | +0.0100% | 8h | $26K | $21K | — | as long as short |
| Injective GALA/USDC PERP | +0.817% | +0.0033% | 1h | $2K | $14K | 5.5x | as long as short |