GALA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Hyperliquid against Extended−0.022%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1051.052% of the position

Long on Extended Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.022%, 7d avg +0.022%

Together, before fees+0.120%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$12 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: Hyperliquid is 0.044% cheaper against Extended than usual: you would sell low and buy high, −$4 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	Extended GALA-USD	0.002099	0.0104	pay 0.0013% / 1h	33m 34s	$3K	$145K	5x
Short	Hyperliquid GALA	0.002099	0.0100	get 0.0013% / 1h	33m 34s	$308K	$161K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Extended. 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 ExtendedbpFee HyperliquidbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$0.84
Price spread: −0.022% → +0.022%: −$4.41
Slippage, 4 orders: −$91.17
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$110.42
Costs to cover: 1.052%
Break-even: never at this rate

Slippage from Extended: live order book, 27 min ago; Hyperliquid: live order book, 66 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, 27 min ago	9.56 bp	28.7 bp −$29	159.4 bp −$1,594	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 66 min ago	2.40 bp	29.9 bp −$30	doesn't fit	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
Kraken Futures PF_GALAUSD	−0.0686%	1h	0.002099	−0.044%	$665K	$174K	25x	as long as short
KuCoin GALAUSDTM	−0.0076%	8h	0.002098	−0.070%	$1.7M	$5.6M	75x	as long as short
Injective GALA/USDC PERP	+0.0033%	1h	0.002110	+0.502%	$2K	$7K	5.5x	as long as short
Hyperliquid GALAshort	+0.0100%	1h	0.002099	−0.022%	$308K	$161K	3x
Aster GALAUSDT	+0.0100%	8h	0.002100	+0.015%	$17K	$11K	5x	as long as short
Binance GALAUSDT	+0.0100%	8h	0.002103	+0.156%	$5.5M	$17.3M	75x	as long as short
Bybit GALAUSDT	+0.0100%	8h	0.002102	+0.121%	$6.1M	$6.4M	75x	as long as short
OKX GALA-USDT-SWAP	+0.0100%	8h	0.002102	+0.121%	$2.2M	$4.3M	50x	as long as short
Gate GALA_USDT	+0.0100%	8h	0.002100	+0.025%	$1.8M	$1.3M	75x	as long as short
MEXC GALA_USDT	+0.0100%	8h	0.002099	−0.022%	$6.1M	$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	0.002101	+0.073%	$2.2M	$1.2M	75x	as long as short
BingX GALA-USDT	+0.0100%	8h	0.002099	−0.022%	—	$11.1M	—	as long as short
Variational Omni GALA	+0.0100%	8h	0.002093	−0.304%	$25K	$21K	—	as long as short
Extended GALA-USDlong	+0.0104%	1h	0.002099	long leg	$3K	$145K	5x
BloFin GALA-USDT	+0.0110%	8h	0.002098	−0.070%	$310K	$70K	20x	as long as short