GALA

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h −0.003%

Price spread now: Bybit against BloFin0.000%62s7-day average +0.010% · 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—prices read too far apart to compare

costs, in and out, $10k−$670.670% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 4 days (all we have)−0.418%−$42 · spread now 0.000%, 7d avg +0.010%

Together, before fees−0.439%−$44 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 62 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	0.002056	0.0111	pay 0.0111% / 8h	7h 30m	$301K	$65K	20x
Short	Bybit GALAUSDT	0.002056	0.0100	get 0.0100% / 8h	7h 30m	$6.0M	$6.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$2.28
Price spread: 0.000% → +0.010%: −$0.99
Slippage, 4 orders: −$44.04
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$70.31
Costs to cover: 0.670%
Break-even: never at this rate

Slippage from BloFin: live order book, 27 min ago; Bybit: live order book, 3 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, 27 min ago	2.41 bp	13.2 bp −$13	25.0 bp −$250	313.5 bp −$31.3K	doesn't fit
Sell Bybit live order book, 3 min ago	2.43 bp	15.5 bp −$15	46.4 bp −$464	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	+2.626%	$2K	$7K	5.5x	as long as short
KuCoin GALAUSDTM	+0.0098%	8h	0.002054	−0.097%	$1.7M	$4.5M	75x	as long as short
Hyperliquid GALA	+0.0100%	1h	0.002055	−0.049%	$301K	$143K	3x	as long as short
Aster GALAUSDT	+0.0100%	8h	0.002056	+0.006%	$16K	$8K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002056	0.000%	$5.4M	$17.1M	75x	as long as short
Bybit GALAUSDTshort	+0.0100%	8h	0.002056	0.000%	$6.0M	$6.0M	75x
OKX GALA-USDT-SWAP	+0.0100%	8h	0.002056	0.000%	$2.1M	$4.1M	50x	as long as short
Gate GALA_USDT	+0.0100%	8h	0.002055	−0.049%	$1.8M	$1.5M	75x	as long as short
MEXC GALA_USDT	+0.0100%	8h	0.002055	−0.049%	$5.5M	$3.2M	125x	as long as short
Bitget GALAUSDT	+0.0100%	8h	0.002055	−0.049%	$2.1M	$1.4M	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GALA-USDT	+0.0100%	8h	0.002054	−0.097%	—	$13.7M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002055	−0.041%	$25K	$14K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002054	−0.075%	$2K	$188K	5x	as long as short
BloFin GALA-USDTlong	+0.0111%	8h	0.002056	long leg	$301K	$65K	20x
Kraken Futures PF_GALAUSD	+0.0564%	1h	0.002057	+0.069%	$665K	$240K	25x	as long as short