Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BloFin+0.241%47s7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as 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−$850.851% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 3 days (all we have)−0.515%−$51 · spread now +0.241%, 7d avg −0.018%
=Together, before fees−0.431%+ Points / potential airdropHyperliquid: Season 2 · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.259% dearer against BloFin than usual: you sell high and buy low (spread +0.241% now, against its 7-day average of −0.018%): +$26 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 36 days. Mind the row above: over the last 7 days funding on this pair paid +0.083%, so the current rate has only just turned against you. The two prices were read 47 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 | 0.002078 | 0.0124 | pay 0.0124% / 8h | 8m 29s | $305K | $70K | 20x |
| Short | Hyperliquid GALA | 0.002083 | 0.0100 | get 0.0013% / 1h | 8m 29s | $309K | $171K | 3x |
BloFin GALA-USDT
Hyperliquid GALAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BloFin. 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
- −$5.04
- Price spread: +0.241% → −0.018%
- $25.88
- Slippage, 4 orders
- −$64.14
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$64.3
- Costs to cover
- 0.851%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 63 min ago; Hyperliquid: live order book, 51 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, 63 min ago | 4.80 bp | 10.8 bp −$11 | 21.1 bp −$211 | 239.6 bp −$24.0K | doesn't fit |
| Sell Hyperliquid live order book, 51 min ago | 2.39 bp | 24.1 bp −$24 | doesn't fit | 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 | +1.540% | $2K | $7K | 5.5x | as long as short |
| KuCoin GALAUSDTM | +0.0068% | 8h | 0.002078 | 0.000% | $1.8M | $6.1M | 75x | as long as short |
| Hyperliquid GALAshort | +0.0100% | 1h | 0.002083 | +0.241% | $309K | $171K | 3x | |
| Aster GALAUSDT | +0.0100% | 8h | 0.002080 | +0.115% | $17K | $10K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002082 | +0.192% | $5.4M | $17.8M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002081 | +0.144% | $6.0M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002081 | +0.144% | $2.2M | $4.4M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002080 | +0.096% | $1.7M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002082 | +0.192% | $6.0M | $3.5M | 125x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002080 | +0.096% | $2.1M | $1.2M | 75x | as long as short |
Injective GALA/USDC PERP
KuCoin GALAUSDTM
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
Bitget GALAUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GALA-USDT | +0.0100% | 8h | 0.002081 | +0.144% | — | $11.2M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002072 | −0.279% | $25K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002081 | +0.155% | $3K | $156K | 5x | as long as short |
| BloFin GALA-USDTlong | +0.0124% | 8h | 0.002078 | long leg | $305K | $70K | 20x | |
| Kraken Futures PF_GALAUSD | +0.0586% | 1h | 0.002084 | +0.295% | $662K | $164K | 25x | as long as short |
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD
Kraken Futures PF_GALAUSD