Funding you earn now, next payment 08:00 UTC+0.0109%/8h= +11.9% APRnext payment +$1.09 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against KuCoin0.000%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1101.102% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 7 days−0.079%−$8 · spread now 0.000%, 7d avg +0.029%
=Funding pays, the price is against you. MEXC is 0.029% cheaper against KuCoin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.029%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.035% in total) that is about 5.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GALAUSDTM | 0.002097 | −0.0009 | get 0.0009% / 8h | 3h 14m | $1.8M | $5.1M | 75x |
| Short | MEXC GALA_USDT | 0.002097 | 0.0100 | get 0.0100% / 8h | 3h 14m | $5.8M | $3.4M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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
- $22.89
- Price spread: 0.000% → +0.029%
- −$2.95
- Slippage, 4 orders
- −$98.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$90.29
- Costs to cover
- 1.102%
- Break-even
- 34.6 days
Slippage from KuCoin: live order book, 4 min ago; MEXC: 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 KuCoin live order book, 4 min ago | 2.38 bp | 55.5 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.38 bp | 3.5 bp −$3 | 13.3 bp −$133 | 91.9 bp −$9,191 | 177.9 bp −$88.9K |
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 | −0.0165% | 1h | 0.002101 | +0.181% | $665K | $180K | 25x | as long as short |
| KuCoin GALAUSDTMlong | −0.0009% | 8h | 0.002097 | long leg | $1.8M | $5.1M | 75x | |
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +0.620% | $2K | $7K | 5.5x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002098 | +0.048% | $308K | $156K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002100 | +0.141% | $17K | $11K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002098 | +0.052% | $5.5M | $17.0M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002098 | +0.048% | $6.1M | $6.0M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002092 | −0.238% | $2.2M | $4.0M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002100 | +0.143% | $1.8M | $1.4M | 75x | as long as short |
| MEXC GALA_USDTshort | +0.0100% | 8h | 0.002097 | 0.000% | $5.8M | $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 | 0.002092 | −0.238% | $2.2M | $1.2M | 75x | as long as short |
| BingX GALA-USDT | +0.0100% | 8h | 0.002093 | −0.191% | — | $11.0M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002100 | +0.149% | $26K | $20K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002098 | +0.044% | $440 | $83K | 5x | as long as short |
| BloFin GALA-USDT | +0.0119% | 8h | 0.002098 | +0.048% | $309K | $67K | 20x | as long as short |
KuCoin GALAUSDTM
MEXC GALA_USDT
Kraken Futures PF_GALAUSD
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
BloFin GALA-USDT