Funding arb · Price arb /

GALA

all GALA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.005%

Price spread now: Extended against KuCoin+0.091%7-day average +0.008% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.091%, 7d avg +0.008%

Together, before fees−0.083%+ Points / potential airdropExtended: Active · farm board−$8 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: Extended is 0.084% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GALAUSDTM	0.002066	0.0100	pay 0.0100% / 8h	1h 53m	$1.7M	$4.8M	75x
Short	Extended GALA-USD	0.002068	0.0104	get 0.0013% / 1h	53m 26s	$1K	$84K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee KuCoinbpFee ExtendedbpOrdersPrice spread, now +0.091%Rate

Funding earned: $0.84
Price spread: +0.091% → +0.008%: $8.37
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$7.79
Costs to cover: 0.170%
Break-even: 71.9 days

Slippage unknown: KuCoin: live order book, 4 min ago; Extended: no order-book sample. Net counts fees only.

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 KuCoin live order book, 4 min ago	2.41 bp	50.5 bp −$51	doesn't fit	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

GALA on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_GALAUSD	−0.0141%	1h	0.002066	+0.016%	$659K	$224K	25x	as long as short
Injective GALA/USDC PERP	+0.0033%	1h	0.002110	+2.130%	$2K	$7K	5.5x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002067	+0.048%	$302K	$157K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002066	−0.016%	$17K	$8K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002068	+0.098%	$5.4M	$17.5M	75x	as long as short
Bybit GALAUSDT	+0.0100%	8h	0.002067	+0.048%	$6.0M	$6.1M	75x	as long as short
OKX GALA-USDT-SWAP	+0.0100%	8h	0.002066	0.000%	$2.2M	$4.1M	50x	as long as short
Gate GALA_USDT	+0.0100%	8h	0.002069	+0.145%	$1.8M	$1.5M	75x	as long as short
MEXC GALA_USDT	+0.0100%	8h	0.002067	+0.048%	$5.5M	$3.3M	125x	as long as short
KuCoin GALAUSDTMlong	+0.0100%	8h	0.002066	long leg	$1.7M	$4.8M	75x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GALAUSDT	+0.0100%	8h	0.002067	+0.048%	$2.1M	$1.3M	75x	as long as short
BingX GALA-USDT	+0.0100%	8h	0.002066	0.000%	—	$11.6M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002070	+0.200%	$25K	$15K	—	as long as short
Extended GALA-USDshort	+0.0104%	1h	0.002068	+0.091%	$1K	$84K	5x
BloFin GALA-USDT	+0.0121%	8h	0.002067	+0.048%	$301K	$66K	20x	as long as short