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

GALA

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h −0.029%
Price spread now: Extended against Injective−2.144%60s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 2.144% cheaper against Injective than usual: you would sell low and buy high (spread −2.144% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$214 on $10k: about 3 months of funding at the current rate (+$2 a day). The two prices were read 60 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% / 1h24m 02s$2K$7K5.5x
ShortExtended GALA-USD0.0020650.0104get 0.0013% / 1h24m 02s$2K$188K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$14.84
Price spread: −2.144% → 0.000%
−$214.41
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$204.59
Costs to cover
0.050%
Break-even
103.5 days
Slippage unknown: Injective: no order-book sample; Extended: live order book, 14 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 Extended live order book, 14 min ago7.24 bp25.7 bp −$26176.5 bp −$1,765doesn'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
BloFin GALA-USDT+0.0082%8h0.002059−2.417%$303K$64K20xas long as short
Hyperliquid GALA+0.0100%1h0.002069−1.943%$303K$143K3xas long as short
Aster GALAUSDT+0.0100%8h0.002064−2.177%$16K$8K5xas long as short
Binance GALAUSDT+0.0100%8h0.002067−2.017%$5.4M$17.0M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002069−1.943%$6.0M$6.0M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002068−1.991%$2.1M$4.1M50xas long as short
Gate GALA_USDT+0.0100%8h0.002069−1.943%$1.8M$1.5M75xas long as short
MEXC GALA_USDT+0.0100%8h0.002068−1.991%$6.0M$3.3M125xas long as short
KuCoin GALAUSDTM+0.0100%8h0.002066−2.085%$1.7M$4.4M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GALAUSDT+0.0100%8h0.002069−1.943%$2.1M$1.4M75xas long as short
BingX GALA-USDT+0.0100%8h0.002067−2.038%$13.7Mas long as short
Variational Omni GALA+0.0100%8h0.002055−2.602%$25K$14Kas long as short
Extended GALA-USDshort+0.0104%1h0.002065−2.144%$2K$188K5x
Kraken Futures PF_GALAUSD+0.0561%1h0.002068−1.975%$669K$241K25xas long as short