GALA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.16 per $10,000 · paid last 24h −0.001%

Price spread now: OKX against BloFin−0.097%103s7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$720.722% of the position

Long on BloFin Short on OKX

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)−0.008%−$1 · spread now −0.097%, 7d avg +0.010%

Together, before fees+0.026%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and OKX is 0.107% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.010%). Swap the legs. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin GALA-USDT	0.002067	0.0116	pay 0.0116% / 8h	1h 41m	$302K	$66K	20x
Short	OKX GALA-USDT-SWAP	0.002065	0.0100	get 0.0100% / 8h	1h 41m	$2.2M	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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 BloFinbpFee OKXbpOrdersPrice spread, now −0.097%Rate

Funding earned: −$3.26
Price spread: −0.097% → +0.010%: −$10.69
Slippage, 4 orders: −$50.2
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$86.15
Costs to cover: 0.722%
Break-even: never at this rate

Slippage from BloFin: live order book, 25 min ago; OKX: 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 BloFin live order book, 25 min ago	2.40 bp	13.0 bp −$13	19.4 bp −$194	252.5 bp −$25.2K	doesn't fit
Sell OKX live order book, 1 min ago	2.42 bp	20.9 bp −$21	71.1 bp −$711	doesn't fit	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	0.002066	−0.029%	$661K	$227K	25x	as long as short
Injective GALA/USDC PERP	+0.0033%	1h	0.002110	+2.080%	$2K	$7K	5.5x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002066	−0.048%	$302K	$157K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002064	−0.135%	$17K	$8K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002066	−0.046%	$5.4M	$17.3M	75x	as long as short
Bybit GALAUSDT	+0.0100%	8h	0.002066	−0.048%	$6.0M	$6.0M	75x	as long as short
OKX GALA-USDT-SWAPshort	+0.0100%	8h	0.002065	−0.097%	$2.2M	$4.1M	50x
Gate GALA_USDT	+0.0100%	8h	0.002068	+0.048%	$1.8M	$1.5M	75x	as long as short
MEXC GALA_USDT	+0.0100%	8h	0.002066	−0.048%	$5.5M	$3.3M	125x	as long as short
KuCoin GALAUSDTM	+0.0100%	8h	0.002064	−0.145%	$1.7M	$4.8M	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	0.002066	−0.048%	$2.1M	$1.3M	75x	as long as short
BingX GALA-USDT	+0.0100%	8h	0.002066	−0.048%	—	$11.6M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002062	−0.259%	$25K	$15K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002065	−0.074%	$1K	$84K	5x	as long as short
BloFin GALA-USDTlong	+0.0116%	8h	0.002067	long leg	$302K	$66K	20x