Funding you earn now, next payment 06:00 UTC+0.0516%/8h= +56.4% APRnext payment +$0.64 per $10,000 · paid last 24h +0.140%
Price spread now: Kraken Futures against Extended+0.127%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1331.326% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now +0.127%, 7d avg +0.107%
=Together, before fees+0.018%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.107%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended GALA-USD | 0.002066 | 0.0104 | pay 0.0013% / 1h | 46m 16s | $4K | $88K | 5x |
| Short | Kraken Futures PF_GALAUSD | 0.002069 | 0.0620 | get 0.0077% / 1h | 46m 16s | $659K | $193K | 25x |
Extended GALA-USD
Kraken Futures PF_GALAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $108.26
- Price spread: +0.127% → +0.107%
- $1.92
- Slippage, 4 orders
- −$117.64
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$22.46
- Costs to cover
- 1.326%
- Break-even
- 8.5 days
Slippage from Extended: live order book, 64 min ago; Kraken Futures: 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 Extended live order book, 64 min ago | 11.86 bp | 30.7 bp −$31 | 177.2 bp −$1,772 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 9.64 bp | 31.7 bp −$32 | 73.4 bp −$734 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +2.107% | $2K | $7K | 5.5x | as long as short |
| KuCoin GALAUSDTM | +0.0039% | 8h | 0.002066 | −0.022% | $1.7M | $5.0M | 75x | as long as short |
| BloFin GALA-USDT | +0.0088% | 8h | 0.002074 | +0.365% | $305K | $66K | 20x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002068 | +0.075% | $304K | $155K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002067 | +0.050% | $17K | $7K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002067 | +0.027% | $5.4M | $16.9M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002066 | −0.022% | $6.0M | $5.9M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002065 | −0.070% | $2.2M | $4.0M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002069 | +0.123% | $1.8M | $1.4M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002066 | −0.022% | $5.6M | $3.3M | 125x | as long as short |
Injective GALA/USDC PERP
KuCoin GALAUSDTM
BloFin GALA-USDT
Hyperliquid GALA
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 | 0.002067 | +0.027% | $2.1M | $1.2M | 75x | as long as short |
| BingX GALA-USDT | +0.0100% | 8h | 0.002068 | +0.075% | — | $11.0M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002075 | +0.420% | $25K | $15K | — | as long as short |
| Extended GALA-USDlong | +0.0104% | 1h | 0.002066 | long leg | $4K | $88K | 5x | |
| Kraken Futures PF_GALAUSDshort | +0.0620% | 1h | 0.002069 | +0.127% | $659K | $193K | 25x |
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA