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+0.0028%/8h= +3.1% APRnext payment +$0.28 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against BloFin−0.289%85s7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$750.748% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.289%, 7d avg −0.063%
Together, before fees+0.120%+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.226% cheaper against BloFin than usual: you would sell low and buy high (spread −0.289% now, against its 7-day average of −0.063%). If the spread goes back, that is −$23 on $10k: about 27 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.027% in total) that is about 59 days. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GALA-USDT0.0020760.0072pay 0.0072% / 8h1h 55m$301K$66K20x
ShortBitget GALAUSDT0.0020700.0100get 0.0100% / 8h1h 55m$2.1M$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$5.91
Price spread: −0.289% → −0.063%
−$22.63
Slippage, 4 orders
−$50.77
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$91.49
Costs to cover
0.748%
Break-even
115.4 days
Slippage from BloFin: live order book, 11 min ago; Bitget: live order book, 1 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 BloFin live order book, 11 min ago2.40 bp13.0 bp −$1319.4 bp −$194252.5 bp −$25.2Kdoesn't fit
Sell Bitget live order book, 1 min ago2.41 bp21.2 bp −$2193.3 bp −$933doesn't fitdoesn'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−0.0141%1h0.002069−0.327%$660K$224K25xas long as short
Injective GALA/USDC PERP+0.0033%1h0.002110+1.638%$2K$7K5.5xas long as short
BloFin GALA-USDTlong+0.0072%8h0.002076long leg$301K$66K20x
Hyperliquid GALA+0.0100%1h0.002070−0.289%$303K$158K3xas long as short
Aster GALAUSDT+0.0100%8h0.002070−0.292%$17K$8K5xas long as short
Binance GALAUSDT+0.0100%8h0.002069−0.337%$5.4M$17.5M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002069−0.337%$6.0M$6.1M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002069−0.337%$2.2M$4.1M50xas long as short
Gate GALA_USDT+0.0100%8h0.002072−0.193%$1.8M$1.5M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002069−0.337%$5.5M$3.3M125xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GALAUSDTM+0.0100%8h0.002069−0.337%$1.7M$4.9M75xas long as short
Bitget GALAUSDTshort+0.0100%8h0.002070−0.289%$2.1M$1.3M75x
BingX GALA-USDT+0.0100%8h0.002071−0.241%$11.6Mas long as short
Variational Omni GALA+0.0100%8h0.002070−0.282%$25K$15Kas long as short
Extended GALA-USD+0.0104%1h0.002068−0.363%$1K$84K5xas long as short