Funding you earn now, next payment 03:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h +0.001%
Price spread now: BloFin against Hyperliquid0.000%107s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as 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−$770.771% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)+0.471%+$47 · spread now 0.000%, 7d avg +0.018%
=Together, before fees+0.393%+ Points / potential airdropHyperliquid: Season 2 · farm board+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 107 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 | Hyperliquid GALA | 0.002096 | 0.0100 | pay 0.0013% / 1h | 11m 27s | $308K | $161K | 3x |
| Short | BloFin GALA-USDT | 0.002096 | 0.0083 | get 0.0083% / 8h | 5h 11m | $309K | $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
- −$3.67
- Price spread: 0.000% → +0.018%
- −$1.77
- Slippage, 4 orders
- −$56.07
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$82.5
- Costs to cover
- 0.771%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 18 min ago; BloFin: live order book, 20 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, 18 min ago | 4.76 bp | 19.9 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 20 min ago | 4.75 bp | 20.9 bp −$21 | 38.2 bp −$382 | 153.4 bp −$15.3K | 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 | −0.0687% | 1h | 0.002094 | −0.094% | $662K | $175K | 25x | as long as short |
| KuCoin GALAUSDTM | −0.0089% | 8h | 0.002093 | −0.143% | $1.8M | $5.5M | 75x | as long as short |
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +0.668% | $2K | $7K | 5.5x | as long as short |
| BloFin GALA-USDTshort | +0.0083% | 8h | 0.002096 | 0.000% | $309K | $70K | 20x | |
| Hyperliquid GALAlong | +0.0100% | 1h | 0.002096 | long leg | $308K | $161K | 3x | |
| Aster GALAUSDT | +0.0100% | 8h | 0.002096 | −0.012% | $17K | $11K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002097 | +0.024% | $5.5M | $17.4M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002097 | +0.048% | $6.1M | $6.4M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002097 | +0.048% | $2.2M | $4.2M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002097 | +0.048% | $1.8M | $1.3M | 75x | as long as short |
Kraken Futures PF_GALAUSD
KuCoin GALAUSDTM
Injective GALA/USDC PERP
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GALA_USDT | +0.0100% | 8h | 0.002095 | −0.048% | $6.3M | $3.4M | 125x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002095 | −0.048% | $2.2M | $1.2M | 75x | as long as short |
| BingX GALA-USDT | +0.0100% | 8h | 0.002096 | 0.000% | — | $11.1M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002102 | +0.267% | $26K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002093 | −0.120% | $2K | $147K | 5x | as long as short |
MEXC GALA_USDT
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD