Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against BingX+0.582%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$620.621% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)−0.477%−$48 · spread now +0.582%, 7d avg −0.017%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.599% dearer against BingX than usual: you sell high and buy low: +$60 more if the spread goes back to its 7-day average of −0.017%. Mind the row above: over the last 7 days funding on this pair cost −0.066%, 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 | BingX GALA-USDT | 0.002062 | 0.0100 | pay 0.0100% / 8h | 1h 01m | — | $13.7M | — |
| Short | BloFin GALA-USDT | 0.002074 | 0.0110 | get 0.0110% / 8h | 1h 01m | $301K | $65K | 20x |
BingX GALA-USDT
BloFin GALA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $2.04
- Price spread: +0.582% → −0.017%
- $59.95
- Slippage, 4 orders
- −$40.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$0.1
- Costs to cover
- 0.621%
- Break-even
- 7.3 days
Slippage from BingX: live order book, 7 min ago; BloFin: 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 BingX live order book, 7 min ago | 4.82 bp | 15.1 bp −$15 | 36.8 bp −$368 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 2.42 bp | 8.4 bp −$8 | 27.2 bp −$272 | 149.8 bp −$15.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GALAUSD | −0.0141% | 1h | 0.002064 | +0.117% | $662K | $235K | 25x | as long as short |
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +2.328% | $2K | $7K | 5.5x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002062 | 0.000% | $301K | $145K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002061 | −0.038% | $16K | $8K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002062 | 0.000% | $5.4M | $17.2M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002061 | −0.048% | $6.0M | $6.0M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002061 | −0.048% | $2.1M | $4.1M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002063 | +0.048% | $1.8M | $1.5M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002061 | −0.048% | $5.5M | $3.3M | 125x | as long as short |
| KuCoin GALAUSDTM | +0.0100% | 8h | 0.002060 | −0.097% | $1.7M | $4.7M | 75x | as long as short |
Kraken Futures PF_GALAUSD
Injective GALA/USDC PERP
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
KuCoin GALAUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GALAUSDT | +0.0100% | 8h | 0.002061 | −0.048% | $2.1M | $1.3M | 75x | as long as short |
| BingX GALA-USDTlong | +0.0100% | 8h | 0.002062 | long leg | — | $13.7M | — | |
| Variational Omni GALA | +0.0100% | 8h | 0.002075 | +0.637% | $25K | $14K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002062 | −0.021% | $4K | $86K | 5x | as long as short |
| BloFin GALA-USDTshort | +0.0110% | 8h | 0.002074 | +0.582% | $301K | $65K | 20x |
Bitget GALAUSDT
Variational Omni GALA
Extended GALA-USD