Settings8H · net · $10k
Funding arb · Price arb /

GALA

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.030%
Price spread now: Variational Omni against Injective−1.692%91s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 1.692% cheaper against Injective than usual: you would sell low and buy high (spread −1.692% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$169 on $10k: about 3 months of funding at the current rate (+$2 a day). The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective GALA/USDC PERP0.0021100.0033pay 0.0004% / 1h43m 47s$2K$7K5.5x
ShortVariational Omni GALA0.0020740.0100get 0.0100% / 8h1h 43m$25K$17K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$14
Price spread: −1.692% → 0.000%
−$169.18
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$155.2
Costs to cover
0.000%
Break-even
84.6 days
Slippage unknown: Injective: no order-book sample; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Variational Omni no order-book sample
Injective and Variational Omni: 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
Hyperliquid GALA+0.0100%1h0.002085−1.185%$309K$171K3xas long as short
Aster GALAUSDT+0.0100%8h0.002085−1.193%$17K$10K5xas long as short
Binance GALAUSDT+0.0100%8h0.002085−1.185%$5.4M$17.7M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002084−1.232%$6.0M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002084−1.232%$2.2M$4.4M50xas long as short
Gate GALA_USDT+0.0100%8h0.002085−1.185%$1.8M$1.2M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002085−1.185%$5.7M$3.4M125xas long as short
KuCoin GALAUSDTM+0.0100%8h0.002081−1.374%$1.8M$6.5M75xas long as short
Bitget GALAUSDT+0.0100%8h0.002084−1.232%$2.1M$1.2M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GALA-USDT+0.0100%8h0.002084−1.232%$11.4Mas long as short
Variational Omni GALAshort+0.0100%8h0.002074−1.692%$25K$17K
Extended GALA-USD+0.0104%1h0.002083−1.266%$3K$156K5xas long as short
BloFin GALA-USDT+0.0119%8h0.002078−1.517%$307K$73K20xas long as short
Kraken Futures PF_GALAUSD+0.0873%1h0.002086−1.142%$657K$153K25xas long as short