Question 1

Which exchange has the highest GALA funding rate right now?

Accepted Answer

BloFin shows the highest GALA funding at +24.11% annualized. A high positive rate means shorts get paid, so this is the venue to short GALA when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Question 2

Which exchange is best to long GALA for funding?

Accepted Answer

Variational has the lowest GALA funding at -37.88% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

Question 3

What is the best GALA funding-arbitrage pair?

Accepted Answer

The widest spread is long Variational / short BloFin at about 62.0% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does GALA funding settle?

Accepted Answer

GALA funding settles on different schedules by venue (1h, 8h). Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.

Question 5

Is GALA funding positive or negative?

Accepted Answer

GALA funding is mixed across venues, ranging -37.88% to +24.11% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current GALA perpetual swap funding rate?

Accepted Answer

The current GALA perpetual swap funding rate ranges from -37.88% to +24.11% annualized depending on the exchange — Variational is lowest and BloFin is highest right now. There is no single GALA funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.

Question 7

What is the aggregated GALA funding rate across exchanges?

Accepted Answer

Aggregated across the 22 venues ORBIT tracks, GALA funding currently spans -37.88% to +24.11% APR, a spread of 62.0 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.

Question 8

How do I read the GALA 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle GALA every 8 hours quote the per-payment rate, which is charged three times a day. Multiply an 8h rate by 3 to get the daily figure and by 1,095 to annualize it. ORBIT converts every venue — 1h, 4h and 8h alike — to a common APR so an 8h rate and a 1h rate can be compared directly.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
BloFinBest Short	+24.11%	8h	$328K	$0.0023
Extended	+11.40%	1h	$2K	$0.0023
Binance Futures	+10.96%	8h	$5.6M	$0.0023
Bybit	+10.96%	8h	$6.2M	$0.0023
Hyperliquid	+10.96%	1h	$218K	$0.0023
BingX	+10.96%	8h	$2.6M	$0.0023
Bitget	+10.96%	8h	$2.0M	$0.0023
KuCoin	+10.96%	8h	$2.0M	$0.0023
MEXC	+10.96%	8h	$6.2M	$0.0023
Aster	+10.96%	8h	$20K	$0.0023
Toobit	+10.96%	8h	$491K	$0.0023
Bitunix	+10.96%	8h	—	$0.0023
Hotcoin	+10.96%	8h	$437K	$0.0023
WEEX	+10.96%	8h	—	$0.0023
Pionex	+10.96%	8h	$39K	$0.0023
LBank	+10.96%	8h	—	$0.0023
dreamcash	+10.96%	1h	$218K	$0.0023
Ventuals	+10.96%	1h	$218K	$0.0023
Gate.io	+1.75%	8h	$628K	$0.0023
OKX	+0.50%	8h	$2.1M	$0.0023
Crypto.com	-10.61%	1h	$7K	$0.0023
VariationalBest Long	-37.88%	8h	$23K	$0.0023

GALA Perpetual Swap Funding Rate by Exchange

How GALA funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

GALA funding rates explained

Frequently asked questions