Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX+0.048%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$810.811% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.048%, 7d avg −0.025%
=Together, before fees−0.053%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.073% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GALA-USDT | 0.002087 | 0.0100 | pay 0.0100% / 8h | 1h 01m | — | $11.4M | — |
| Short | Hyperliquid GALA | 0.002088 | 0.0100 | get 0.0013% / 1h | 1m 18s | $309K | $171K | 3x |
BingX GALA-USDT
Hyperliquid GALAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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
- $0
- Price spread: +0.048% → −0.025%
- $7.25
- Slippage, 4 orders
- −$62.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$73.81
- Costs to cover
- 0.811%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Hyperliquid: live order book, 68 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 BingX live order book, 2 min ago | 7.19 bp | 17.7 bp −$18 | 37.9 bp −$379 | 487.7 bp −$48.8K | doesn't fit |
| Sell Hyperliquid live order book, 68 min ago | 2.41 bp | 24.5 bp −$25 | doesn't fit | 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 | +1.102% | $2K | $7K | 5.5x | as long as short |
| Hyperliquid GALAshort | +0.0100% | 1h | 0.002088 | +0.048% | $309K | $171K | 3x | |
| Aster GALAUSDT | +0.0100% | 8h | 0.002086 | −0.035% | $17K | $10K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002087 | +0.012% | $5.4M | $17.6M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002087 | 0.000% | $6.0M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002087 | 0.000% | $2.2M | $4.4M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002088 | +0.048% | $1.8M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002087 | 0.000% | $5.7M | $3.5M | 125x | as long as short |
| KuCoin GALAUSDTM | +0.0100% | 8h | 0.002084 | −0.144% | $1.8M | $6.3M | 75x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002087 | 0.000% | $2.1M | $1.3M | 75x | as long as short |
Injective GALA/USDC PERP
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
KuCoin GALAUSDTM
Bitget GALAUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GALA-USDTlong | +0.0100% | 8h | 0.002087 | long leg | — | $11.4M | — | |
| Variational Omni GALA | +0.0100% | 8h | 0.002082 | −0.229% | $25K | $18K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002087 | +0.001% | $3K | $156K | 5x | as long as short |
| BloFin GALA-USDT | +0.0128% | 8h | 0.002087 | 0.000% | $306K | $73K | 20x | as long as short |
| Kraken Futures PF_GALAUSD | +0.0870% | 1h | 0.002091 | +0.212% | $662K | $155K | 25x | as long as short |
Variational Omni GALA
Extended GALA-USD
BloFin GALA-USDT
Kraken Futures PF_GALAUSD