Funding you earn now, next payment 01:00 UTC+0.0262%/8h= +28.7% APRnext payment +$0.33 per $10,000 · paid last 24h +0.084%
Price spread now: Kraken Futures against Extended+0.103%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1311.306% of the position
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 3 days (all we have)+0.074%+$7 · spread now +0.103%, 7d avg +0.110%
=Together, before fees−0.028%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.110%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.102%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.102% in total (about -5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended GALA-USD | 0.002085 | 0.0104 | pay 0.0013% / 1h | 56m 50s | $3K | $152K | 5x |
| Short | Kraken Futures PF_GALAUSD | 0.002087 | 0.0366 | get 0.0046% / 1h | 56m 50s | $663K | $165K | 25x |
Extended GALA-USD
Kraken Futures PF_GALAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $55.05
- Price spread: +0.103% → +0.110%
- −$0.65
- Slippage, 4 orders
- −$115.59
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$76.19
- Costs to cover
- 1.306%
- Break-even
- 16.7 days
Slippage from Extended: live order book, 14 min ago; Kraken Futures: live order book, 16 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 Extended live order book, 14 min ago | 9.64 bp | 29.1 bp −$29 | 152.0 bp −$1,520 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 16 min ago | 7.19 bp | 30.7 bp −$31 | 68.7 bp −$687 | 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 | +1.220% | $2K | $7K | 5.5x | as long as short |
| KuCoin GALAUSDTM | +0.0061% | 8h | 0.002083 | −0.075% | $1.8M | $6.1M | 75x | as long as short |
| BloFin GALA-USDT | +0.0073% | 8h | 0.002084 | −0.027% | $305K | $70K | 20x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002087 | +0.117% | $309K | $171K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002083 | −0.057% | $17K | $10K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002086 | +0.069% | $5.5M | $17.9M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002087 | +0.117% | $6.1M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002085 | +0.021% | $2.2M | $4.4M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002084 | −0.027% | $1.7M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002086 | +0.069% | $6.0M | $3.5M | 125x | as long as short |
Injective GALA/USDC PERP
KuCoin GALAUSDTM
BloFin GALA-USDT
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GALAUSDT | +0.0100% | 8h | 0.002086 | +0.069% | $2.1M | $1.2M | 75x | as long as short |
| BingX GALA-USDT | +0.0100% | 8h | 0.002085 | +0.021% | — | $11.1M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002084 | −0.040% | $25K | $21K | — | as long as short |
| Extended GALA-USDlong | +0.0104% | 1h | 0.002085 | long leg | $3K | $152K | 5x | |
| Kraken Futures PF_GALAUSDshort | +0.0366% | 1h | 0.002087 | +0.103% | $663K | $165K | 25x |
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA