Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance+0.257%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$620.621% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 3 days (all we have)−0.161%−$16 · spread now +0.257%, 7d avg −0.001%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.258% dearer against Binance than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GALAUSDT | 0.002104 | 0.0100 | pay 0.0100% / 8h | 7h 12m | $5.6M | $17.7M | 75x |
| Short | BloFin GALA-USDT | 0.002109 | 0.0123 | get 0.0123% / 8h | 7h 12m | $312K | $63K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $4.79
- Price spread: +0.257% → −0.001%
- $25.76
- Slippage, 4 orders
- −$40.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$31.58
- Costs to cover
- 0.621%
- Break-even
- 53.1 days
Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 54 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 Binance live order book, 13 min ago | 2.38 bp | 14.1 bp −$14 | 39.6 bp −$396 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 54 min ago | 4.82 bp | 10.8 bp −$11 | 24.0 bp −$240 | 107.4 bp −$10.7K | 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 | +0.304% | $2K | $7K | 5.5x | as long as short |
| KuCoin GALAUSDTM | +0.0034% | 8h | 0.002098 | −0.266% | $1.8M | $6.0M | 75x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002103 | −0.029% | $312K | $162K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002104 | +0.010% | $17K | $11K | 5x | as long as short |
| Binance GALAUSDTlong | +0.0100% | 8h | 0.002104 | long leg | $5.6M | $17.7M | 75x | |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002100 | −0.171% | $6.1M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002099 | −0.219% | $2.2M | $4.4M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002106 | +0.114% | $1.8M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002100 | −0.171% | $6.1M | $3.5M | 125x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002100 | −0.171% | $2.2M | $1.2M | 75x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GALA-USDT | +0.0100% | 8h | 0.002101 | −0.124% | — | $11.1M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002108 | +0.194% | $26K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002105 | +0.045% | $2K | $140K | 5x | as long as short |
| BloFin GALA-USDTshort | +0.0123% | 8h | 0.002109 | +0.257% | $312K | $63K | 20x | |
| Kraken Futures PF_GALAUSD | +0.0363% | 1h | 0.002106 | +0.122% | $669K | $164K | 25x | as long as short |
Binance GALAUSDT
BloFin GALA-USDT
Injective GALA/USDC PERP
KuCoin GALAUSDTM
Hyperliquid GALA
Aster GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD
Kraken Futures PF_GALAUSD