Settings8H · net · $10k
Funding arb · Price arb /

GALA

all GALA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against MEXC−0.049%64s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.439% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.049%, 7d avg −0.002%
Together, before fees+0.175%+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.047% cheaper against MEXC than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of −0.002%). If the spread goes back, that is −$5 on $10k: about 6.8 days of funding at the current rate (+$1 a day). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC GALA_USDT0.0020600.0100pay 0.0100% / 8h1h 32m$5.5M$3.3M125x
ShortBloFin GALA-USDT0.0020590.0123get 0.0123% / 8h1h 32m$300K$65K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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

Funding earned
$4.79
Price spread: −0.049% → −0.002%
−$4.68
Slippage, 4 orders
−$31.88
Fee MEXC: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$43.76
Costs to cover
0.439%
Break-even
70.9 days
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago2.42 bp4.3 bp −$413.2 bp −$13293.8 bp −$9,379182.9 bp −$91.4K
Sell BloFin live order book, 35 min ago2.40 bp17.4 bp −$1742.9 bp −$429157.1 bp −$15.7Kdoesn't fit

GALA on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GALAUSD−0.0142%1h0.002061+0.055%$660K$229K25xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+2.427%$2K$7K5.5xas long as short
Hyperliquid GALA+0.0100%1h0.002061+0.049%$301K$147K3xas long as short
Aster GALAUSDT+0.0100%8h0.002062+0.086%$16K$8K5xas long as short
Binance GALAUSDT+0.0100%8h0.002060+0.014%$5.4M$17.3M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002061+0.049%$6.0M$6.0M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.0020600.000%$2.1M$4.1M50xas long as short
Gate GALA_USDT+0.0100%8h0.002063+0.146%$1.8M$1.5M75xas long as short
MEXC GALA_USDTlong+0.0100%8h0.002060long leg$5.5M$3.3M125x
KuCoin GALAUSDTM+0.0100%8h0.002062+0.097%$1.7M$4.8M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002061+0.049%$2.1M$1.3M75xas long as short
BingX GALA-USDT+0.0100%8h0.002061+0.049%$13.7Mas long as short
Variational Omni GALA+0.0100%8h0.002059−0.066%$25K$14Kas long as short
Extended GALA-USD+0.0104%1h0.002060+0.011%$4K$89K5xas long as short
BloFin GALA-USDTshort+0.0123%8h0.002059−0.049%$300K$65K20x