Funding you earn now, next payment 11:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h +0.029%
Price spread now: Injective against Extended+2.199%7-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
=The price spread pays, funding is against you. Injective is 2.199% dearer against Extended than usual: you sell high and buy low (spread +2.199% now, against zero (this spread has no 7-day history yet)): +$220 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended GALA-USD | 0.002065 | 0.0104 | pay 0.0013% / 1h | 58m 46s | $3K | $189K | 5x |
| Short | Injective GALA/USDC PERP | 0.002110 | 0.0033 | get 0.0004% / 1h | 58m 46s | $2K | $7K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Extended. 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
- −$14.84
- Price spread: +2.199% → 0.000%
- $219.9
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $200.04
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 49 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 Extended live order book, 49 min ago | 12.11 bp | 30.6 bp −$31 | 172.4 bp −$1,724 | doesn't fit | 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 exchanges
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 | +2.199% | $2K | $7K | 5.5x | |
| Hyperliquid GALA | +0.0100% | 1h | 0.002066 | +0.068% | $302K | $135K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002066 | +0.048% | $16K | $8K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002065 | +0.019% | $5.4M | $15.8M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002065 | +0.019% | $6.0M | $5.6M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002064 | −0.029% | $2.1M | $3.9M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002066 | +0.068% | $1.8M | $1.4M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002065 | +0.019% | $6.2M | $3.0M | 125x | as long as short |
| KuCoin GALAUSDTM | +0.0100% | 8h | 0.002063 | −0.077% | $1.7M | $4.1M | 75x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002065 | +0.019% | $2.1M | $1.3M | 75x | as long as short |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GALA-USDT | +0.0100% | 8h | 0.002065 | +0.019% | — | $13.8M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002063 | −0.077% | $25K | $14K | — | as long as short |
| Extended GALA-USDlong | +0.0104% | 1h | 0.002065 | long leg | $3K | $189K | 5x | |
| BloFin GALA-USDT | +0.0125% | 8h | 0.002067 | +0.116% | $301K | $60K | 20x | as long as short |
| Kraken Futures PF_GALAUSD | +0.0404% | 1h | 0.002067 | +0.109% | $671K | $218K | 25x | as long as short |
Extended GALA-USD
Injective GALA/USDC PERP
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
KuCoin GALAUSDTM
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA
BloFin GALA-USDT
Kraken Futures PF_GALAUSD