Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.064%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$780.782% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.064%, 7d avg +0.024%
=Together, before fees+0.069%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 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: Binance is 0.088% cheaper against Hyperliquid than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GALA | 0.002064 | 0.0100 | pay 0.0013% / 1h | 33m 31s | $301K | $147K | 3x |
| Short | Binance GALAUSDT | 0.002063 | 0.0100 | get 0.0100% / 8h | 1h 33m | $5.4M | $17.3M | 75x |
Hyperliquid GALA
Binance GALAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hyperliquid. 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
- $0
- Price spread: −0.064% → +0.024%
- −$8.8
- Slippage, 4 orders
- −$59.15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.95
- Costs to cover
- 0.782%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 26 min ago; Binance: live order book, 7 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 Hyperliquid live order book, 26 min ago | 2.41 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.42 bp | 17.3 bp −$17 | 47.6 bp −$476 | 442.9 bp −$44.3K | 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 | −0.0142% | 1h | 0.002059 | −0.234% | $659K | $229K | 25x | as long as short |
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +2.229% | $2K | $7K | 5.5x | as long as short |
| BloFin GALA-USDT | +0.0098% | 8h | 0.002058 | −0.291% | $300K | $65K | 20x | as long as short |
| Hyperliquid GALAlong | +0.0100% | 1h | 0.002064 | long leg | $301K | $147K | 3x | |
| Aster GALAUSDT | +0.0100% | 8h | 0.002062 | −0.112% | $16K | $8K | 5x | as long as short |
| Binance GALAUSDTshort | +0.0100% | 8h | 0.002063 | −0.064% | $5.4M | $17.3M | 75x | |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002064 | 0.000% | $6.0M | $6.0M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002063 | −0.048% | $2.2M | $4.1M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002064 | 0.000% | $1.8M | $1.5M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002061 | −0.145% | $5.5M | $3.3M | 125x | as long as short |
Kraken Futures PF_GALAUSD
Injective GALA/USDC PERP
BloFin GALA-USDT
Aster 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GALAUSDTM | +0.0100% | 8h | 0.002063 | −0.048% | $1.7M | $4.8M | 75x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002064 | 0.000% | $2.1M | $1.3M | 75x | as long as short |
| BingX GALA-USDT | +0.0100% | 8h | 0.002062 | −0.097% | — | $13.7M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002059 | −0.260% | $25K | $14K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002062 | −0.091% | $4K | $89K | 5x | as long as short |
KuCoin GALAUSDTM
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD