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+0.0068%/8h= +7.4% APRnext payment +$0.68 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against KuCoin+0.048%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1321.324% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.092%+$9 on $10k
Price spread, last 7 days−0.127%−$13 · spread now +0.048%, 7d avg +0.017%
Together, before fees−0.035%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.031% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GALAUSDTM0.0020800.0032pay 0.0032% / 8h7h 00m$1.8M$5.9M75x
ShortBingX GALA-USDT0.0020810.0100get 0.0100% / 8h7h 00m$11.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$14.28
Price spread: +0.048% → +0.017%
$3.13
Slippage, 4 orders
−$110.36
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$114.94
Costs to cover
1.324%
Break-even
63.3 days
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 7 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 KuCoin live order book, 2 min ago2.40 bp56.4 bp −$56doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago4.76 bp21.0 bp −$2142.4 bp −$424244.9 bp −$24.5Kdoesn'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
KuCoin GALAUSDTMlong+0.0032%8h0.002080long leg$1.8M$5.9M75x
Injective GALA/USDC PERP+0.0033%1h0.002110+1.442%$2K$7K5.5xas long as short
BloFin GALA-USDT+0.0099%8h0.002084+0.192%$311K$62K20xas long as short
Hyperliquid GALA+0.0100%1h0.002083+0.144%$309K$162K3xas long as short
Aster GALAUSDT+0.0100%8h0.002086+0.274%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002083+0.144%$5.5M$17.7M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002082+0.096%$6.1M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002082+0.096%$2.2M$4.3M50xas long as short
Gate GALA_USDT+0.0100%8h0.002083+0.144%$1.7M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002081+0.048%$6.1M$3.5M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002081+0.048%$2.2M$1.3M75xas long as short
BingX GALA-USDTshort+0.0100%8h0.002081+0.048%$11.1M
Variational Omni GALA+0.0100%8h0.002082+0.103%$25K$21Kas long as short
Extended GALA-USD+0.0104%1h0.002080+0.023%$480$142K5xas long as short
Kraken Futures PF_GALAUSD+0.0367%1h0.002084+0.206%$662K$164K25xas long as short