GALA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.21 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against BloFin−0.222%71s7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$700.697% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 3 days (all we have)+0.065%+$6 · spread now −0.222%, 7d avg +0.002%

Together, before fees+0.073%+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.223% cheaper against BloFin than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.002%). Swap the legs. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin GALA-USDT	0.002084	0.0121	pay 0.0121% / 8h	1h 36m	$306K	$73K	20x
Short	Binance GALAUSDT	0.002079	0.0100	get 0.0100% / 8h	1h 36m	$5.4M	$17.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.222%Rate

Funding earned: −$4.36
Price spread: −0.222% → +0.002%: −$22.34
Slippage, 4 orders: −$47.66
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$96.35
Costs to cover: 0.697%
Break-even: never at this rate

Slippage from BloFin: live order book, 41 min ago; Binance: live order book, 5 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 BloFin live order book, 41 min ago	9.59 bp	19.1 bp −$19	36.3 bp −$363	227.0 bp −$22.7K	doesn't fit
Sell Binance live order book, 5 min ago	2.39 bp	17.3 bp −$17	41.5 bp −$415	407.1 bp −$40.7K	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	+1.248%	$2K	$7K	5.5x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002080	−0.192%	$308K	$171K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002081	−0.138%	$17K	$10K	5x	as long as short
Binance GALAUSDTshort	+0.0100%	8h	0.002079	−0.222%	$5.4M	$17.7M	75x
Bybit GALAUSDT	+0.0100%	8h	0.002077	−0.336%	$6.0M	$6.5M	75x	as long as short
OKX GALA-USDT-SWAP	+0.0100%	8h	0.002078	−0.288%	$2.2M	$4.4M	50x	as long as short
Gate GALA_USDT	+0.0100%	8h	0.002082	−0.096%	$1.8M	$1.2M	75x	as long as short
MEXC GALA_USDT	+0.0100%	8h	0.002081	−0.144%	$5.7M	$3.5M	125x	as long as short
KuCoin GALAUSDTM	+0.0100%	8h	0.002079	−0.240%	$1.8M	$6.4M	75x	as long as short
Bitget GALAUSDT	+0.0100%	8h	0.002079	−0.240%	$2.1M	$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	0.002079	−0.240%	—	$11.4M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002087	+0.156%	$25K	$17K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002081	−0.162%	$3K	$156K	5x	as long as short
BloFin GALA-USDTlong	+0.0121%	8h	0.002084	long leg	$306K	$73K	20x
Kraken Futures PF_GALAUSD	+0.0874%	1h	0.002083	−0.042%	$656K	$152K	25x	as long as short