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

GALA

all GALA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC0.000%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$550.552% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 4 days (all we have)+0.214%+$21 · spread now 0.000%, 7d avg −0.005%
Together, before fees+0.251%+ Points / potential airdropHyperliquid: Season 2 · farm board+$25 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC GALA_USDT0.0020950.0100pay 0.0100% / 8h7h 01m$5.9M$3.4M125x
ShortHyperliquid GALA0.0020950.0100get 0.0013% / 1h1m 37s$306K$139K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: 0.000% → −0.005%
$0.48
Slippage, 4 orders
−$46.24
Fee MEXC: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$54.76
Costs to cover
0.552%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Hyperliquid: live order book, 38 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 MEXC live order book, 1 min ago2.39 bp6.8 bp −$715.7 bp −$157119.2 bp −$11.9K187.9 bp −$93.9K
Sell Hyperliquid live order book, 38 min ago2.41 bp25.4 bp −$25doesn't fitdoesn't fitdoesn'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+0.716%$2K$7K5.5xas long as short
BloFin GALA-USDT+0.0092%8h0.002097+0.095%$302K$64K20xas long as short
Hyperliquid GALAshort+0.0100%1h0.0020950.000%$306K$139K3x
Aster GALAUSDT+0.0100%8h0.002096+0.063%$17K$8K5xas long as short
Binance GALAUSDT+0.0100%8h0.002096+0.051%$5.5M$16.7M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002096+0.048%$6.1M$5.8M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002096+0.048%$2.2M$4.1M50xas long as short
Gate GALA_USDT+0.0100%8h0.002097+0.095%$1.8M$1.6M75xas long as short
MEXC GALA_USDTlong+0.0100%8h0.002095long leg$5.9M$3.4M125x
KuCoin GALAUSDTM+0.0100%8h0.002093−0.095%$1.8M$4.4M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002097+0.095%$2.2M$1.4M75xas long as short
BingX GALA-USDT+0.0100%8h0.002096+0.048%$13.7Mas long as short
Variational Omni GALA+0.0100%8h0.002093−0.088%$25K$14Kas long as short
Extended GALA-USD+0.0104%1h0.002096+0.027%$658$187K5xas long as short
Kraken Futures PF_GALAUSD+0.0554%1h0.002096+0.050%$678K$227K25xas long as short