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Funding arb · Price arb /

GALA

all GALA markets
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Alert: funding
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Alert: spread
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Funding you earn now, next payment 01:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h −0.034%
Price spread now: KuCoin against Injective−0.995%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on InjectiveShort on KuCoin
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—needs both histories
Funding pays, the price is against you. KuCoin is 0.995% cheaper against Injective than usual: you would sell low and buy high (spread −0.995% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$100 on $10k: about 9 months of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective GALA/USDC PERP0.0021100.0033pay 0.0004% / 1h37m 14s$2K$7K5.5x
ShortKuCoin GALAUSDTM0.0020890.0046get 0.0046% / 8h7h 37m$1.8M$6.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Injective. 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

Funding earned
$2.66
Price spread: −0.995% → 0.000%
−$99.53
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$108.89
Costs to cover
0.120%
Break-even
293.5 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample—————
Sell KuCoin live order book, 1 min ago2.39 bp30.5 bp −$30doesn't fitdoesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GALA/USDC PERPlong+0.0033%1h0.002110long leg$2K$7K5.5x
KuCoin GALAUSDTMshort+0.0046%8h0.002089−0.995%$1.8M$6.0M75x
Hyperliquid GALA+0.0100%1h0.002093−0.806%$310K$167K3xas long as short
Aster GALAUSDT+0.0100%8h0.002090−0.948%$17K$10K5xas long as short
Binance GALAUSDT+0.0100%8h0.002092−0.853%$5.5M$17.8M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002091−0.900%$6.1M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002091−0.900%$2.2M$4.4M50xas long as short
Gate GALA_USDT+0.0100%8h0.002090−0.948%$1.7M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002091−0.900%$6.1M$3.5M125xas long as short
Bitget GALAUSDT+0.0100%8h0.002092−0.853%$2.2M$1.2M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GALA-USDT+0.0100%8h0.002090−0.948%—$11.1M—as long as short
Variational Omni GALA+0.0100%8h0.002089−0.987%$26K$21K—as long as short
Extended GALA-USD+0.0104%1h0.002092−0.872%$2K$157K5xas long as short
BloFin GALA-USDT+0.0124%8h0.002087−1.090%$307K$68K20xas long as short
Kraken Futures PF_GALAUSD+0.0365%1h0.002094−0.776%$665K$164K25xas long as short