GALA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%

Price spread now: BloFin against Bybit−0.665%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$680.678% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 3 days (all we have)+0.900%+$90 · spread now −0.665%, 7d avg 0.000%

Together, before fees+0.903%+$90 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.665% cheaper against Bybit than usual: you would sell low and buy high, −$67 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GALAUSDT	0.002105	0.0100	pay 0.0100% / 8h	2h 26m	$6.1M	$6.5M	75x
Short	BloFin GALA-USDT	0.002091	0.0106	get 0.0106% / 8h	2h 26m	$311K	$75K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now −0.665%Rate

Funding earned: $1.29
Price spread: −0.665% → 0.000%: −$66.54
Slippage, 4 orders: −$44.77
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$133.01
Costs to cover: 0.678%
Break-even: 727.4 days

Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 58 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 Bybit live order book, 1 min ago	2.39 bp	14.2 bp −$14	54.6 bp −$546	doesn't fit	doesn't fit
Sell BloFin live order book, 58 min ago	4.77 bp	10.8 bp −$11	21.4 bp −$214	102.5 bp −$10.3K	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	+0.238%	$2K	$7K	5.5x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002105	0.000%	$312K	$175K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002106	+0.036%	$17K	$10K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002106	+0.024%	$5.5M	$17.7M	75x	as long as short
Bybit GALAUSDTlong	+0.0100%	8h	0.002105	long leg	$6.1M	$6.5M	75x
OKX GALA-USDT-SWAP	+0.0100%	8h	0.002104	−0.048%	$2.3M	$4.4M	50x	as long as short
Gate GALA_USDT	+0.0100%	8h	0.002105	0.000%	$1.8M	$1.2M	75x	as long as short
MEXC GALA_USDT	+0.0100%	8h	0.002105	0.000%	$5.6M	$3.6M	125x	as long as short
KuCoin GALAUSDTM	+0.0100%	8h	0.002102	−0.143%	$1.8M	$6.6M	75x	as long as short
Bitget GALAUSDT	+0.0100%	8h	0.002106	+0.048%	$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	0.002105	0.000%	—	$11.4M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002088	−0.788%	$25K	$17K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002106	+0.067%	$3K	$156K	5x	as long as short
BloFin GALA-USDTshort	+0.0106%	8h	0.002091	−0.665%	$311K	$75K	20x
Kraken Futures PF_GALAUSD	+0.0686%	1h	0.002109	+0.192%	$664K	$152K	25x	as long as short