Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.29 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BloFin0.000%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$410.406% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now 0.000%, 7d avg +0.002%
=The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GALA-USDT | 0.002062 | 0.0071 | pay 0.0071% / 8h | 1h 30m | $301K | $65K | 20x |
| Short | MEXC GALA_USDT | 0.002062 | 0.0100 | get 0.0100% / 8h | 1h 30m | $5.5M | $3.3M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $6.03
- Price spread: 0.000% → +0.002%
- −$0.17
- Slippage, 4 orders
- −$28.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$34.72
- Costs to cover
- 0.406%
- Break-even
- 47.3 days
Slippage from BloFin: live order book, 36 min ago; MEXC: live order book, 2 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, 36 min ago | 2.40 bp | 13.0 bp −$13 | 19.4 bp −$194 | 252.5 bp −$25.2K | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.43 bp | 5.5 bp −$5 | 15.5 bp −$155 | 102.1 bp −$10.2K | 185.6 bp −$92.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GALAUSD | −0.0141% | 1h | 0.002064 | +0.100% | $661K | $229K | 25x | as long as short |
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +2.328% | $2K | $7K | 5.5x | as long as short |
| BloFin GALA-USDTlong | +0.0071% | 8h | 0.002062 | long leg | $301K | $65K | 20x | |
| Hyperliquid GALA | +0.0100% | 1h | 0.002063 | +0.048% | $301K | $147K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002064 | +0.085% | $16K | $8K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002063 | +0.060% | $5.4M | $17.2M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002063 | +0.048% | $6.0M | $6.0M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002062 | 0.000% | $2.2M | $4.1M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002065 | +0.145% | $1.8M | $1.5M | 75x | as long as short |
| MEXC GALA_USDTshort | +0.0100% | 8h | 0.002062 | 0.000% | $5.5M | $3.3M | 125x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GALAUSDTM | +0.0100% | 8h | 0.002062 | 0.000% | $1.7M | $4.8M | 75x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002063 | +0.048% | $2.1M | $1.3M | 75x | as long as short |
| BingX GALA-USDT | +0.0100% | 8h | 0.002063 | +0.048% | — | $13.7M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002064 | +0.079% | $25K | $14K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002063 | +0.037% | $4K | $89K | 5x | as long as short |
BloFin GALA-USDT
MEXC GALA_USDT
Kraken Futures PF_GALAUSD
Injective GALA/USDC PERP
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
KuCoin GALAUSDTM
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD