Funding arb · Price arb /

GALA

all GALA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against MEXC+0.096%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$680.680% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 7 days−0.096%−$10 · spread now +0.096%, 7d avg +0.011%

Together, before fees−0.057%−$6 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: Gate is 0.085% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GALA_USDT	0.002094	0.0100	pay 0.0100% / 8h	4h 18m	$5.9M	$3.4M	125x
Short	Gate GALA_USDT	0.002096	0.0100	get 0.0100% / 8h	4h 18m	$1.8M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now +0.096%Rate

Funding earned: $0
Price spread: +0.096% → +0.011%: $8.49
Slippage, 4 orders: −$53
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$59.5
Costs to cover: 0.680%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 4 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 MEXC live order book, 4 min ago	2.38 bp	6.2 bp −$6	15.5 bp −$155	98.7 bp −$9,869	177.8 bp −$88.9K
Sell Gate live order book, 4 min ago	2.38 bp	30.6 bp −$31	75.4 bp −$754	doesn't fit	doesn't fit

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	−0.0285%	1h	0.002096	+0.115%	$662K	$179K	25x	as long as short
KuCoin GALAUSDTM	−0.0056%	8h	0.002093	−0.048%	$1.7M	$5.4M	75x	as long as short
Injective GALA/USDC PERP	+0.0033%	1h	0.002110	+0.764%	$2K	$7K	5.5x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002093	−0.048%	$307K	$159K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002095	+0.067%	$17K	$11K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002093	−0.048%	$5.5M	$17.2M	75x	as long as short
Bybit GALAUSDT	+0.0100%	8h	0.002093	−0.048%	$6.1M	$6.3M	75x	as long as short
OKX GALA-USDT-SWAP	+0.0100%	8h	0.002092	−0.096%	$2.2M	$4.1M	50x	as long as short
Gate GALA_USDTshort	+0.0100%	8h	0.002096	+0.096%	$1.8M	$1.3M	75x
MEXC GALA_USDTlong	+0.0100%	8h	0.002094	long leg	$5.9M	$3.4M	125x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GALAUSDT	+0.0100%	8h	0.002094	0.000%	$2.2M	$1.2M	75x	as long as short
BingX GALA-USDT	+0.0100%	8h	0.002094	0.000%	—	$11.2M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002093	−0.066%	$25K	$21K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002095	+0.045%	$2K	$142K	5x	as long as short
BloFin GALA-USDT	+0.0106%	8h	0.002093	−0.048%	$309K	$68K	20x	as long as short