Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Hyperliquid0.000%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$750.752% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg +0.022%
=Together, before fees−0.012%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 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: BingX is 0.022% cheaper against Hyperliquid than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GALA | 0.002100 | 0.0100 | pay 0.0013% / 1h | 21m 23s | $312K | $162K | 3x |
| Short | BingX GALA-USDT | 0.002100 | 0.0100 | get 0.0100% / 8h | 7h 21m | — | $11.1M | — |
Hyperliquid GALA
BingX GALA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Hyperliquid. 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: 0.000% → +0.022%
- −$2.23
- Slippage, 4 orders
- −$56.18
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$77.4
- Costs to cover
- 0.752%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 28 min ago; BingX: live order book, 2 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 Hyperliquid live order book, 28 min ago | 2.40 bp | 25.9 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 4.77 bp | 9.8 bp −$10 | 28.3 bp −$283 | 224.9 bp −$22.5K | 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 | +0.476% | $2K | $7K | 5.5x | as long as short |
| KuCoin GALAUSDTM | +0.0039% | 8h | 0.002097 | −0.143% | $1.8M | $6.0M | 75x | as long as short |
| BloFin GALA-USDT | +0.0073% | 8h | 0.002096 | −0.190% | $309K | $64K | 20x | as long as short |
| Hyperliquid GALAlong | +0.0100% | 1h | 0.002100 | long leg | $312K | $162K | 3x | |
| Aster GALAUSDT | +0.0100% | 8h | 0.002100 | −0.008% | $17K | $10K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002101 | +0.048% | $5.5M | $17.7M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002099 | −0.048% | $6.1M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002100 | 0.000% | $2.2M | $4.4M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002101 | +0.048% | $1.8M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002099 | −0.048% | $6.1M | $3.5M | 125x | as long as short |
Injective GALA/USDC PERP
KuCoin GALAUSDTM
BloFin GALA-USDT
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 | 0.002099 | −0.048% | $2.2M | $1.2M | 75x | as long as short |
| BingX GALA-USDTshort | +0.0100% | 8h | 0.002100 | 0.000% | — | $11.1M | — | |
| Variational Omni GALA | +0.0100% | 8h | 0.002099 | −0.040% | $26K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002100 | +0.024% | $2K | $157K | 5x | as long as short |
| Kraken Futures PF_GALAUSD | +0.0364% | 1h | 0.002102 | +0.078% | $668K | $164K | 25x | as long as short |
Bitget GALAUSDT
Variational Omni GALA
Extended GALA-USD
Kraken Futures PF_GALAUSD