Funding spread now, next payment 19:00 UTC−0.0730%/8h
next payment, per $10,000−$0.91paid, last 24h−0.050%paid, last 4 days+0.041%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 4 days it paid 0.041% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.91 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 | Kraken Futures PF_GALAUSD | 0.002105 | 0.0764 | pay 0.0095% / 1h | 0m 51s | $655K | $143K | 25x |
| Short | Injective GALA/USDC PERP | 0.002110 | 0.0033 | get 0.0004% / 1h | 0m 51s | $2K | $10K | 5.5x |
Kraken Futures PF_GALAUSD
Injective GALA/USDC PERPFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$153.38
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$163.4
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 34 min ago; Injective: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- +0.244%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 34 min ago | 11.90 bp | 37.3 bp −$37 | 126.6 bp −$1,266 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Injective GALA/USDC PERPshort | +0.0033% | 1h | $2K | $10K | 5.5x | |
| Hyperliquid GALA | +0.0100% | 1h | $314K | $188K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | $17K | $10K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | $5.5M | $17.7M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | $6.1M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | $2.3M | $4.3M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | $1.8M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | $6.1M | $3.5M | 125x | as long as short |
| KuCoin GALAUSDTM | +0.0100% | 8h | $1.8M | $6.4M | 75x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | $2.1M | $1.3M | 75x | as long as short |
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
KuCoin GALAUSDTM
Bitget GALAUSDTShow all 15 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| BingX GALA-USDT | +0.0100% | 8h | — | $11.4M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | $26K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | $3K | $156K | 5x | as long as short |
| BloFin GALA-USDT | +0.0116% | 8h | $323K | $101K | 20x | as long as short |
| Kraken Futures PF_GALAUSDlong | +0.0764% | 1h | $655K | $143K | 25x |
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD
BloFin GALA-USDT