Funding you earn now, next payment 08:00 UTC+0.0161%/8h= +17.6% APRnext payment +$1.61 per $10,000 · paid last 24h +0.004%
Price spread now: OKX against KuCoin+0.096%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1331.328% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 7 days−0.234%−$23 · spread now +0.096%, 7d avg +0.020%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.075% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GALAUSDTM | 0.002089 | −0.0061 | get 0.0061% / 8h | 5h 51m | $1.7M | $5.7M | 75x |
| Short | OKX GALA-USDT-SWAP | 0.002091 | 0.0100 | get 0.0100% / 8h | 5h 51m | $2.2M | $4.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $33.81
- Price spread: +0.096% → +0.020%
- $7.54
- Slippage, 4 orders
- −$110.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$91.47
- Costs to cover
- 1.328%
- Break-even
- 25.9 days
Slippage from KuCoin: live order book, 1 min ago; OKX: live order book, 1 min ago.
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, 1 min ago | 4.78 bp | 43.7 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.39 bp | 19.6 bp −$20 | 76.4 bp −$764 | doesn't fit | doesn't fit |
GALA on 14 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 | −0.0688% | 1h | 0.002093 | +0.174% | $664K | $173K | 25x | as long as short |
| KuCoin GALAUSDTMlong | −0.0061% | 8h | 0.002089 | long leg | $1.7M | $5.7M | 75x | |
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +1.005% | $2K | $7K | 5.5x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002091 | +0.096% | $305K | $159K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002089 | +0.008% | $17K | $11K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002091 | +0.100% | $5.5M | $17.3M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002090 | +0.048% | $6.1M | $6.4M | 75x | as long as short |
| OKX GALA-USDT-SWAPshort | +0.0100% | 8h | 0.002091 | +0.096% | $2.2M | $4.2M | 50x | |
| Gate GALA_USDT | +0.0100% | 8h | 0.002091 | +0.096% | $1.8M | $1.3M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002089 | 0.000% | $6.0M | $3.4M | 125x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GALAUSDT | +0.0100% | 8h | 0.002091 | +0.096% | $2.2M | $1.2M | 75x | as long as short |
| BingX GALA-USDT | +0.0100% | 8h | 0.002089 | 0.000% | — | $11.1M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002098 | +0.438% | $25K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002090 | +0.060% | $3K | $147K | 5x | as long as short |
KuCoin GALAUSDTM
OKX GALA-USDT-SWAP
Kraken Futures PF_GALAUSD
Injective GALA/USDC PERP
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
Gate GALA_USDT
MEXC GALA_USDT
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD