Funding arb · Price arb /

GALA

all GALA markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Gate against OKX+0.145%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$920.918% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$1 on $10k

Price spread, last 7 days−0.057%−$6 · spread now +0.145%, 7d avg +0.017%

Together, before fees−0.042%−$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: Gate is 0.128% dearer against OKX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GALA-USDT-SWAP	0.002067	0.0100	pay 0.0100% / 8h	2h 04m	$2.2M	$4.3M	50x
Short	Gate GALA_USDT	0.002070	0.0100	get 0.0100% / 8h	2h 04m	$1.7M	$1.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee OKXbpFee GatebpOrdersPrice spread, now +0.145%Rate

Funding earned: $0
Price spread: +0.145% → +0.017%: $12.78
Slippage, 4 orders: −$66.75
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$78.97
Costs to cover: 0.918%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Gate: live order book, 3 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 OKX live order book, 3 min ago	4.82 bp	18.5 bp −$19	89.0 bp −$890	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	7.22 bp	27.7 bp −$28	83.2 bp −$832	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
Injective GALA/USDC PERP	+0.0033%	1h	0.002110	+2.080%	$2K	$7K	5.5x	as long as short
BloFin GALA-USDT	+0.0085%	8h	0.002069	+0.097%	$309K	$76K	20x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002068	+0.048%	$307K	$172K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002069	+0.117%	$17K	$10K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002068	+0.048%	$5.4M	$17.7M	75x	as long as short
Bybit GALAUSDT	+0.0100%	8h	0.002067	0.000%	$6.0M	$6.5M	75x	as long as short
OKX GALA-USDT-SWAPlong	+0.0100%	8h	0.002067	long leg	$2.2M	$4.3M	50x
Gate GALA_USDTshort	+0.0100%	8h	0.002070	+0.145%	$1.7M	$1.2M	75x
MEXC GALA_USDT	+0.0100%	8h	0.002067	0.000%	$5.5M	$3.7M	125x	as long as short
KuCoin GALAUSDTM	+0.0100%	8h	0.002064	−0.145%	$1.7M	$6.5M	75x	as long as short

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	0.000%	$2.1M	$1.2M	75x	as long as short
BingX GALA-USDT	+0.0100%	8h	0.002067	0.000%	—	$11.4M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002068	+0.068%	$25K	$17K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002067	+0.017%	$3K	$156K	5x	as long as short
Kraken Futures PF_GALAUSD	+0.0698%	1h	0.002071	+0.202%	$652K	$153K	25x	as long as short