GALA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.001%

Price spread now: OKX against BloFin+0.240%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$670.671% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 3 days (all we have)−0.344%−$34 · spread now +0.240%, 7d avg −0.004%

Together, before fees−0.311%−$31 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.244% dearer against BloFin than usual: you sell high and buy low (spread +0.240% now, against its 7-day average of −0.004%): +$24 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 34 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin GALA-USDT	0.002087	0.0124	pay 0.0124% / 8h	7h 36m	$307K	$68K	20x
Short	OKX GALA-USDT-SWAP	0.002092	0.0100	get 0.0100% / 8h	7h 36m	$2.2M	$4.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.240%Rate

Funding earned: −$4.99
Price spread: +0.240% → −0.004%: $24.36
Slippage, 4 orders: −$45.13
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$47.77
Costs to cover: 0.671%
Break-even: never at this rate

Slippage from BloFin: live order book, 30 min ago; OKX: live order book, 1 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, 30 min ago	4.82 bp	20.1 bp −$20	29.2 bp −$292	230.8 bp −$23.1K	doesn't fit
Sell OKX live order book, 1 min ago	2.39 bp	17.7 bp −$18	54.8 bp −$548	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	+1.102%	$2K	$7K	5.5x	as long as short
KuCoin GALAUSDTM	+0.0046%	8h	0.002090	+0.144%	$1.8M	$6.0M	75x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002094	+0.335%	$310K	$167K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002090	+0.146%	$17K	$10K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002093	+0.298%	$5.5M	$17.8M	75x	as long as short
Bybit GALAUSDT	+0.0100%	8h	0.002093	+0.287%	$6.1M	$6.5M	75x	as long as short
OKX GALA-USDT-SWAPshort	+0.0100%	8h	0.002092	+0.240%	$2.2M	$4.4M	50x
Gate GALA_USDT	+0.0100%	8h	0.002090	+0.144%	$1.7M	$1.2M	75x	as long as short
MEXC GALA_USDT	+0.0100%	8h	0.002093	+0.287%	$6.1M	$3.5M	125x	as long as short
Bitget GALAUSDT	+0.0100%	8h	0.002093	+0.287%	$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	0.002091	+0.192%	—	$11.1M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002089	+0.104%	$26K	$21K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002093	+0.274%	$2K	$157K	5x	as long as short
BloFin GALA-USDTlong	+0.0124%	8h	0.002087	long leg	$307K	$68K	20x
Kraken Futures PF_GALAUSD	+0.0365%	1h	0.002094	+0.318%	$665K	$164K	25x	as long as short