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

GALA

all GALA markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h −0.139%
Price spread now: BloFin against Kraken Futures−0.126%57s7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$830.831% of the position
Long on Kraken FuturesShort on BloFin
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 4 days (all we have)+0.204%+$20 · spread now −0.126%, 7d avg −0.076%
Together, before fees+0.248%+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.050% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.126% now, against its 7-day average of −0.076%). If the spread goes back, that is −$5 on $10k: about 13 days of funding at the current rate ($0 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GALAUSD0.0020640.0092pay 0.0011% / 1h57m 59s$663K$235K25x
ShortBloFin GALA-USDT0.0020610.0105get 0.0105% / 8h57m 59s$300K$65K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Kraken Futures. 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
$2.77
Price spread: −0.126% → −0.076%
−$5
Slippage, 4 orders
−$61.14
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$85.37
Costs to cover
0.831%
Break-even
222.5 days
Slippage from Kraken Futures: live order book, 45 min ago; BloFin: live order book, 4 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 Kraken Futures live order book, 45 min ago7.26 bp30.1 bp −$30113.4 bp −$1,134doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago2.42 bp8.4 bp −$827.2 bp −$272149.8 bp −$15.0Kdoesn'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+2.248%$2K$7K5.5xas long as short
Kraken Futures PF_GALAUSDlong+0.0092%1h0.002064long leg$663K$235K25x
Hyperliquid GALA+0.0100%1h0.002062−0.078%$301K$145K3xas long as short
Aster GALAUSDT+0.0100%8h0.002062−0.082%$16K$8K5xas long as short
Binance GALAUSDT+0.0100%8h0.002062−0.060%$5.4M$17.2M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002062−0.078%$6.0M$6.0M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002062−0.078%$2.1M$4.1M50xas long as short
Gate GALA_USDT+0.0100%8h0.002062−0.078%$1.8M$1.5M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002062−0.078%$5.6M$3.2M125xas long as short
KuCoin GALAUSDTM+0.0100%8h0.002060−0.175%$1.7M$4.7M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002062−0.078%$2.1M$1.3M75xas long as short
BingX GALA-USDT+0.0100%8h0.002062−0.078%—$13.7M—as long as short
Variational Omni GALA+0.0100%8h0.002061−0.144%$25K$14K—as long as short
Extended GALA-USD+0.0104%1h0.002062−0.088%$4K$86K5xas long as short
BloFin GALA-USDTshort+0.0105%8h0.002061−0.126%$300K$65K20x