Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.27 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BloFin+0.145%50s7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as 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−$1201.198% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 3 days (all we have)−0.288%−$29 · spread now +0.145%, 7d avg −0.052%
=The price spread pays, funding is against you. KuCoin is 0.196% dearer against BloFin than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of −0.052%): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 24 days. At the pace of the last 7 days (−0.017% in total) that is about 3 months. The two prices were read 50 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 | 0.002076 | 0.0093 | pay 0.0093% / 8h | 7h 54m | $305K | $70K | 20x |
| Short | KuCoin GALAUSDTM | 0.002079 | 0.0066 | get 0.0066% / 8h | 7h 54m | $1.7M | $6.1M | 75x |
BloFin GALA-USDT
KuCoin GALAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$5.72
- Price spread: +0.145% → −0.052%
- $19.6
- Slippage, 4 orders
- −$95.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$105.9
- Costs to cover
- 1.198%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 12 min ago; KuCoin: 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 BloFin live order book, 12 min ago | 4.82 bp | 20.1 bp −$20 | 29.2 bp −$292 | 230.8 bp −$23.1K | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 2.40 bp | 40.4 bp −$40 | 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 | +1.638% | $2K | $7K | 5.5x | as long as short |
| KuCoin GALAUSDTMshort | +0.0066% | 8h | 0.002079 | +0.145% | $1.7M | $6.1M | 75x | |
| BloFin GALA-USDTlong | +0.0093% | 8h | 0.002076 | long leg | $305K | $70K | 20x | |
| Hyperliquid GALA | +0.0100% | 1h | 0.002080 | +0.193% | $308K | $170K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002080 | +0.186% | $17K | $10K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002079 | +0.145% | $5.4M | $17.9M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002079 | +0.145% | $6.1M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002078 | +0.096% | $2.2M | $4.4M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002080 | +0.193% | $1.7M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002081 | +0.241% | $6.0M | $3.5M | 125x | as long as short |
Injective GALA/USDC PERP
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GALAUSDT | +0.0100% | 8h | 0.002080 | +0.193% | $2.1M | $1.2M | 75x | as long as short |
| BingX GALA-USDT | +0.0100% | 8h | 0.002079 | +0.145% | — | $11.1M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002085 | +0.444% | $25K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002077 | +0.036% | $3K | $152K | 5x | as long as short |
| Kraken Futures PF_GALAUSD | +0.0368% | 1h | 0.002078 | +0.119% | $660K | $165K | 25x | as long as short |
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD
Kraken Futures PF_GALAUSD