Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h 0.000%
Price spread now: BloFin against Hyperliquid−0.192%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
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)+0.466%+$47 · spread now −0.192%, 7d avg +0.018%
=Together, before fees+0.383%+ Points / potential airdropHyperliquid: Season 2 · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.210% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.192% now, against its 7-day average of +0.018%). If the spread goes back, that is −$21 on $10k: about 29 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.083%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GALA | 0.002082 | 0.0100 | pay 0.0013% / 1h | 9m 00s | $309K | $171K | 3x |
| Short | BloFin GALA-USDT | 0.002078 | 0.0124 | get 0.0124% / 8h | 9m 00s | $305K | $70K | 20x |
Hyperliquid GALA
BloFin GALA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Hyperliquid. 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: −0.192% → +0.018%
- −$21.03
- Slippage, 4 orders
- −$64.14
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$101.13
- Costs to cover
- 0.851%
- Break-even
- 147.4 days
Slippage from Hyperliquid: live order book, 51 min ago; BloFin: live order book, 63 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 Hyperliquid live order book, 51 min ago | 2.39 bp | 25.7 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 63 min ago | 4.80 bp | 24.5 bp −$25 | 38.8 bp −$388 | 120.0 bp −$12.0K | 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 | +1.345% | $2K | $7K | 5.5x | as long as short |
| KuCoin GALAUSDTM | +0.0068% | 8h | 0.002078 | −0.192% | $1.8M | $6.1M | 75x | as long as short |
| Hyperliquid GALAlong | +0.0100% | 1h | 0.002082 | long leg | $309K | $171K | 3x | |
| Aster GALAUSDT | +0.0100% | 8h | 0.002079 | −0.132% | $17K | $10K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002082 | −0.018% | $5.4M | $17.8M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002081 | −0.048% | $6.0M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002079 | −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 | 0.000% | $6.0M | $3.5M | 125x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002081 | −0.048% | $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 | 0.002080 | −0.096% | — | $11.2M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002072 | −0.471% | $25K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002081 | −0.037% | $3K | $156K | 5x | as long as short |
| BloFin GALA-USDTshort | +0.0124% | 8h | 0.002078 | −0.192% | $305K | $70K | 20x | |
| Kraken Futures PF_GALAUSD | +0.0586% | 1h | 0.002084 | +0.103% | $662K | $164K | 25x | as long as short |
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD
Kraken Futures PF_GALAUSD