How to know what padding to stay consistent with? [migrated]

I've heard that one should use spacing consistently, but I'm stuck on what to do here. I have the following box:

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The padding above and below the five circles is not equal. Would it be more pleasing to add equal padding on both ends?

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In the first image, I'm respecting the padding of the white box as a whole, making sure the content lines up against it. In the second image, I try to create more balance around the components above/below the gray line.

What's the more user-friendly way of going about this?

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