Funding you earn now, next payment 08:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BloFin0.000%64s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as 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−$460.465% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.471%−$47 · spread now 0.000%, 7d avg −0.010%
=The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 64 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 | 0.002081 | 0.0119 | pay 0.0119% / 8h | 5h 04m | $309K | $69K | 20x |
| Short | MEXC GALA_USDT | 0.002081 | 0.0100 | get 0.0100% / 8h | 5h 04m | $6.3M | $3.4M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$3.97
- Price spread: 0.000% → −0.010%
- $1.04
- Slippage, 4 orders
- −$34.45
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$49.38
- Costs to cover
- 0.465%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 28 min ago; MEXC: live order book, 4 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, 28 min ago | 4.75 bp | 15.2 bp −$15 | 21.2 bp −$212 | 210.3 bp −$21.0K | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.40 bp | 4.2 bp −$4 | 14.8 bp −$148 | 94.7 bp −$9,474 | 174.2 bp −$87.1K |
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 | −0.0691% | 1h | 0.002082 | +0.057% | $658K | $176K | 25x | as long as short |
| KuCoin GALAUSDTM | −0.0091% | 8h | 0.002079 | −0.096% | $1.7M | $5.5M | 75x | as long as short |
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +1.394% | $2K | $7K | 5.5x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002080 | −0.048% | $306K | $160K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002083 | +0.118% | $17K | $11K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002081 | 0.000% | $5.5M | $17.4M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002080 | −0.048% | $6.0M | $6.4M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002079 | −0.096% | $2.2M | $4.2M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002083 | +0.096% | $1.8M | $1.3M | 75x | as long as short |
| MEXC GALA_USDTshort | +0.0100% | 8h | 0.002081 | 0.000% | $6.3M | $3.4M | 125x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GALAUSDT | +0.0100% | 8h | 0.002082 | +0.048% | $2.2M | $1.2M | 75x | as long as short |
| BingX GALA-USDT | +0.0100% | 8h | 0.002082 | +0.048% | — | $11.2M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002079 | −0.092% | $25K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002079 | −0.073% | $2K | $144K | 5x | as long as short |
| BloFin GALA-USDTlong | +0.0119% | 8h | 0.002081 | long leg | $309K | $69K | 20x |
BloFin GALA-USDT
MEXC GALA_USDT
Kraken Futures PF_GALAUSD
KuCoin GALAUSDTM
Injective GALA/USDC PERP
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD