Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.048%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$800.800% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.048%, 7d avg −0.027%
=Together, before fees−0.129%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 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: Hyperliquid is 0.075% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GALAUSDT | 0.002103 | 0.0100 | pay 0.0100% / 8h | 52m 12s | $5.4M | $17.7M | 75x |
| Short | Hyperliquid GALA | 0.002104 | 0.0100 | get 0.0013% / 1h | 52m 12s | $312K | $171K | 3x |
Binance GALAUSDT
Hyperliquid GALAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. 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: +0.048% → −0.027%
- $7.49
- Slippage, 4 orders
- −$61.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$72.54
- Costs to cover
- 0.800%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Hyperliquid: live order book, 8 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 Binance live order book, 4 min ago | 2.38 bp | 14.8 bp −$15 | 36.2 bp −$362 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 2.39 bp | 24.1 bp −$24 | doesn't fit | 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 | +0.333% | $2K | $7K | 5.5x | as long as short |
| Hyperliquid GALAshort | +0.0100% | 1h | 0.002104 | +0.048% | $312K | $171K | 3x | |
| Aster GALAUSDT | +0.0100% | 8h | 0.002105 | +0.090% | $17K | $10K | 5x | as long as short |
| Binance GALAUSDTlong | +0.0100% | 8h | 0.002103 | long leg | $5.4M | $17.7M | 75x | |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002102 | −0.048% | $6.1M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002101 | −0.095% | $2.2M | $4.4M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002105 | +0.095% | $1.8M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002102 | −0.048% | $5.8M | $3.4M | 125x | as long as short |
| KuCoin GALAUSDTM | +0.0100% | 8h | 0.002101 | −0.095% | $1.8M | $6.3M | 75x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002102 | −0.048% | $2.2M | $1.2M | 75x | as long as short |
Injective GALA/USDC PERP
Aster GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
KuCoin GALAUSDTM
Bitget GALAUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GALA-USDT | +0.0100% | 8h | 0.002103 | 0.000% | — | $11.2M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002094 | −0.441% | $25K | $19K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002102 | −0.068% | $3K | $156K | 5x | as long as short |
| BloFin GALA-USDT | +0.0115% | 8h | 0.002102 | −0.048% | $306K | $72K | 20x | as long as short |
| Kraken Futures PF_GALAUSD | +0.0580% | 1h | 0.002106 | +0.160% | $668K | $157K | 25x | as long as short |
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD
BloFin GALA-USDT
Kraken Futures PF_GALAUSD