GALA

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.18 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against OKX+0.048%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$740.740% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.048%, 7d avg −0.010%

Together, before fees−0.003%$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.058% dearer against OKX than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of −0.010%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GALA-USDT-SWAP	0.002073	0.0100	pay 0.0100% / 8h	7h 52m	$2.2M	$4.1M	50x
Short	BloFin GALA-USDT	0.002074	0.0082	get 0.0082% / 8h	7h 52m	$303K	$65K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$3.82
Price spread: +0.048% → −0.010%: $5.83
Slippage, 4 orders: −$51.99
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$71.98
Costs to cover: 0.740%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 4 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 OKX live order book, 5 min ago	2.41 bp	19.2 bp −$19	73.9 bp −$739	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	2.41 bp	19.4 bp −$19	41.1 bp −$411	168.7 bp −$16.9K	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	+1.785%	$2K	$7K	5.5x	as long as short
BloFin GALA-USDTshort	+0.0082%	8h	0.002074	+0.048%	$303K	$65K	20x
Hyperliquid GALA	+0.0100%	1h	0.002073	0.000%	$303K	$144K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002074	+0.068%	$16K	$8K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002073	−0.018%	$5.4M	$17.1M	75x	as long as short
Bybit GALAUSDT	+0.0100%	8h	0.002073	0.000%	$6.0M	$6.0M	75x	as long as short
OKX GALA-USDT-SWAPlong	+0.0100%	8h	0.002073	long leg	$2.2M	$4.1M	50x
Gate GALA_USDT	+0.0100%	8h	0.002074	+0.048%	$1.8M	$1.5M	75x	as long as short
MEXC GALA_USDT	+0.0100%	8h	0.002074	+0.048%	$5.5M	$3.2M	125x	as long as short
KuCoin GALAUSDTM	+0.0100%	8h	0.002074	+0.048%	$1.7M	$4.5M	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GALAUSDT	+0.0100%	8h	0.002072	−0.048%	$2.1M	$1.4M	75x	as long as short
BingX GALA-USDT	+0.0100%	8h	0.002074	+0.048%	—	$13.7M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002070	−0.137%	$25K	$14K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002071	−0.075%	$2K	$191K	5x	as long as short
Kraken Futures PF_GALAUSD	+0.0560%	1h	0.002075	+0.111%	$670K	$240K	25x	as long as short