GALA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h +0.030%

Price spread now: Injective against Hyperliquid+1.102%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Injective

What this pair did over the last

the charts below follow

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Injective is 1.102% dearer against Hyperliquid than usual: you sell high and buy low (spread +1.102% now, against zero (this spread has no 7-day history yet)): +$110 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 55 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid GALA	0.002087	0.0100	pay 0.0013% / 1h	44m 44s	$306K	$161K	3x
Short	Injective GALA/USDC PERP	0.002110	0.0033	get 0.0004% / 1h	44m 44s	$2K	$7K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee InjectivebpOrdersPrice spread, now +1.102%Rate

Funding earned: −$14
Price spread: +1.102% → 0.000%: $110.21
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $87.19
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Hyperliquid: live order book, 55 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 Hyperliquid live order book, 55 min ago	2.40 bp	17.8 bp −$18	doesn't fit	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 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
Kraken Futures PF_GALAUSD	−0.0690%	1h	0.002086	−0.028%	$662K	$174K	25x	as long as short
KuCoin GALAUSDTM	−0.0051%	8h	0.002085	−0.096%	$1.7M	$5.7M	75x	as long as short
Injective GALA/USDC PERPshort	+0.0033%	1h	0.002110	+1.102%	$2K	$7K	5.5x
Hyperliquid GALAlong	+0.0100%	1h	0.002087	long leg	$306K	$161K	3x
Aster GALAUSDT	+0.0100%	8h	0.002087	−0.016%	$17K	$11K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002087	+0.013%	$5.5M	$17.3M	75x	as long as short
Bybit GALAUSDT	+0.0100%	8h	0.002086	−0.048%	$6.0M	$6.4M	75x	as long as short
OKX GALA-USDT-SWAP	+0.0100%	8h	0.002085	−0.096%	$2.2M	$4.2M	50x	as long as short
Gate GALA_USDT	+0.0100%	8h	0.002088	+0.048%	$1.8M	$1.3M	75x	as long as short
MEXC GALA_USDT	+0.0100%	8h	0.002086	−0.048%	$6.0M	$3.4M	125x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GALAUSDT	+0.0100%	8h	0.002087	0.000%	$2.2M	$1.2M	75x	as long as short
BingX GALA-USDT	+0.0100%	8h	0.002088	+0.048%	—	$11.1M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002079	−0.377%	$25K	$21K	—	as long as short
Extended GALA-USD	+0.0104%	1h	0.002087	+0.021%	$3K	$145K	5x	as long as short
BloFin GALA-USDT	+0.0112%	8h	0.002077	−0.479%	—	$70K	20x	as long as short