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

GALA

all GALA markets
SwapBacktest
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: Bitget against OKX+0.048%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$850.854% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 7 days−0.039%−$4 · spread now +0.048%, 7d avg −0.057%
Together, before fees−0.045%−$4 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: Bitget is 0.105% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GALA-USDT-SWAP0.0020690.0100pay 0.0100% / 8h1h 56m$2.2M$4.1M50x
ShortBitget GALAUSDT0.0020700.0100get 0.0100% / 8h1h 56m$2.1M$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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: +0.048% → −0.057%
$10.53
Slippage, 4 orders
−$63.37
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$74.84
Costs to cover
0.854%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 1 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 OKX live order book, 1 min ago2.41 bp18.1 bp −$1881.3 bp −$813doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago2.41 bp21.2 bp −$2193.3 bp −$933doesn'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
Kraken Futures PF_GALAUSD−0.0141%1h0.002069+0.010%$660K$224K25xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+1.982%$2K$7K5.5xas long as short
BloFin GALA-USDT+0.0072%8h0.002076+0.338%$301K$66K20xas long as short
Hyperliquid GALA+0.0100%1h0.002072+0.145%$303K$158K3xas long as short
Aster GALAUSDT+0.0100%8h0.002070+0.039%$17K$8K5xas long as short
Binance GALAUSDT+0.0100%8h0.002071+0.091%$5.4M$17.5M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002070+0.048%$6.0M$6.1M75xas long as short
OKX GALA-USDT-SWAPlong+0.0100%8h0.002069long leg$2.2M$4.1M50x
Gate GALA_USDT+0.0100%8h0.002073+0.193%$1.8M$1.5M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002070+0.048%$5.5M$3.3M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GALAUSDTM+0.0100%8h0.002071+0.097%$1.7M$4.9M75xas long as short
Bitget GALAUSDTshort+0.0100%8h0.002070+0.048%$2.1M$1.3M75x
BingX GALA-USDT+0.0100%8h0.002073+0.193%$11.6Mas long as short
Variational Omni GALA+0.0100%8h0.002071+0.102%$25K$15Kas long as short
Extended GALA-USD+0.0104%1h0.002068−0.028%$1K$84K5xas long as short