Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.27 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BloFin−0.288%115s7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as 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−$700.702% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 3 days (all we have)+0.092%+$9 · spread now −0.288%, 7d avg −0.078%
=Funding pays, the price is against you. Bitget is 0.210% cheaper against BloFin than usual: you would sell low and buy high (spread −0.288% now, against its 7-day average of −0.078%). If the spread goes back, that is −$21 on $10k: about 26 days of funding at the current rate (+$1 a day). The two prices were read 115 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 | 0.002084 | 0.0073 | pay 0.0073% / 8h | 7h 55m | $305K | $70K | 20x |
| Short | Bitget GALAUSDT | 0.002078 | 0.0100 | get 0.0100% / 8h | 7h 55m | $2.1M | $1.2M | 75x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.61
- Price spread: −0.288% → −0.078%
- −$21.02
- Slippage, 4 orders
- −$46.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$85.64
- Costs to cover
- 0.702%
- Break-even
- 113.8 days
Slippage from BloFin: live order book, 12 min ago; Bitget: live order book, 2 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, 12 min ago | 4.82 bp | 20.1 bp −$20 | 29.2 bp −$292 | 230.8 bp −$23.1K | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.40 bp | 19.3 bp −$19 | 87.8 bp −$878 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +1.248% | $2K | $7K | 5.5x | as long as short |
| KuCoin GALAUSDTM | +0.0064% | 8h | 0.002077 | −0.336% | $1.7M | $6.1M | 75x | as long as short |
| BloFin GALA-USDTlong | +0.0073% | 8h | 0.002084 | long leg | $305K | $70K | 20x | |
| Hyperliquid GALA | +0.0100% | 1h | 0.002079 | −0.240% | $308K | $171K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002080 | −0.192% | $17K | $10K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002076 | −0.384% | $5.4M | $17.9M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002077 | −0.336% | $6.1M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002075 | −0.432% | $2.2M | $4.4M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002079 | −0.240% | $1.7M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002077 | −0.336% | $6.0M | $3.5M | 125x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GALAUSDTshort | +0.0100% | 8h | 0.002078 | −0.288% | $2.1M | $1.2M | 75x | |
| BingX GALA-USDT | +0.0100% | 8h | 0.002076 | −0.384% | — | $11.1M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002085 | +0.058% | $25K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002076 | −0.404% | $3K | $152K | 5x | as long as short |
| Kraken Futures PF_GALAUSD | +0.0368% | 1h | 0.002078 | −0.265% | $660K | $165K | 25x | as long as short |
BloFin GALA-USDT
Bitget GALAUSDT
Injective GALA/USDC PERP
KuCoin GALAUSDTM
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD
Kraken Futures PF_GALAUSD