Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.034%
Price spread now: KuCoin against Injective−2.275%70s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. KuCoin is 2.275% cheaper against Injective than usual: you would sell low and buy high (spread −2.275% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$227 on $10k: about 4 months of funding at the current rate (+$2 a day). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective GALA/USDC PERP | 0.002110 | 0.0033 | pay 0.0004% / 1h | 54m 12s | $2K | $7K | 5.5x |
| Short | KuCoin GALAUSDTM | 0.002062 | 0.0100 | get 0.0100% / 8h | 54m 12s | $1.7M | $4.7M | 75x |
Injective GALA/USDC PERP
KuCoin GALAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Injective. 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
- $14
- Price spread: −2.275% → 0.000%
- −$227.49
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$225.51
- Costs to cover
- 0.120%
- Break-even
- 119.8 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 4 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 4 min ago | 2.43 bp | 40.1 bp −$40 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective GALA/USDC PERPlong | +0.0033% | 1h | 0.002110 | long leg | $2K | $7K | 5.5x | |
| BloFin GALA-USDT | +0.0077% | 8h | 0.002062 | −2.275% | $302K | $65K | 20x | as long as short |
| Kraken Futures PF_GALAUSD | +0.0092% | 1h | 0.002065 | −2.127% | $663K | $235K | 25x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002062 | −2.275% | $301K | $144K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002062 | −2.267% | $16K | $8K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002062 | −2.261% | $5.4M | $17.2M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002062 | −2.275% | $6.0M | $6.0M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002061 | −2.322% | $2.1M | $4.1M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002062 | −2.275% | $1.8M | $1.5M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002062 | −2.275% | $5.6M | $3.3M | 125x | as long as short |
BloFin GALA-USDT
Kraken Futures PF_GALAUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GALAUSDTMshort | +0.0100% | 8h | 0.002062 | −2.275% | $1.7M | $4.7M | 75x | |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002062 | −2.275% | $2.1M | $1.3M | 75x | as long as short |
| BingX GALA-USDT | +0.0100% | 8h | 0.002063 | −2.227% | — | $13.7M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002055 | −2.601% | $25K | $14K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002065 | −2.148% | $4K | $86K | 5x | as long as short |
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD