Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.030%
Price spread now: Injective against BingX+1.394%72s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 1.394% dearer against BingX than usual: you sell high and buy low (spread +1.394% now, against zero (this spread has no 7-day history yet)): +$139 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2 months. The two prices were read 72 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 | BingX GALA-USDT | 0.002081 | 0.0100 | pay 0.0100% / 8h | 8m 01s | — | $11.2M | — |
| Short | Injective GALA/USDC PERP | 0.002110 | 0.0033 | get 0.0004% / 1h | 8m 01s | $2K | $7K | 5.5x |
BingX GALA-USDT
Injective GALA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +1.394% → 0.000%
- $139.36
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $115.34
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
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, 5 min ago | 7.20 bp | 20.4 bp −$20 | 40.5 bp −$405 | 410.8 bp −$41.1K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPshort | +0.0033% | 1h | 0.002110 | +1.394% | $2K | $7K | 5.5x | |
| KuCoin GALAUSDTM | +0.0069% | 8h | 0.002079 | −0.096% | $1.8M | $6.1M | 75x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002083 | +0.096% | $309K | $171K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002082 | +0.044% | $17K | $10K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002083 | +0.078% | $5.4M | $17.8M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002083 | +0.096% | $6.0M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002082 | +0.048% | $2.2M | $4.4M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002083 | +0.096% | $1.7M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002081 | 0.000% | $6.0M | $3.5M | 125x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002082 | +0.048% | $2.1M | $1.2M | 75x | as long as short |
KuCoin GALAUSDTM
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
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 | 0.002081 | long leg | — | $11.2M | — | |
| Variational Omni GALA | +0.0100% | 8h | 0.002072 | −0.423% | $25K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002082 | +0.057% | $3K | $156K | 5x | as long as short |
| BloFin GALA-USDT | +0.0124% | 8h | 0.002078 | −0.144% | $305K | $70K | 20x | as long as short |
| Kraken Futures PF_GALAUSD | +0.0585% | 1h | 0.002086 | +0.229% | $663K | $164K | 25x | as long as short |
Variational Omni GALA
Extended GALA-USD
BloFin GALA-USDT
Kraken Futures PF_GALAUSD