Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.030%
Price spread now: Injective against Binance+0.888%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Injective is 0.888% dearer against Binance than usual: you sell high and buy low (spread +0.888% now, against zero (this spread has no 7-day history yet)): +$89 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 44 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GALAUSDT | 0.002091 | 0.0100 | pay 0.0100% / 8h | 6h 43m | $5.5M | $17.6M | 75x |
| Short | Injective GALA/USDC PERP | 0.002110 | 0.0033 | get 0.0004% / 1h | 43m 02s | $2K | $7K | 5.5x |
Binance GALAUSDT
Injective GALA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +0.888% → 0.000%
- $88.84
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $64.82
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 13 min ago; Injective: no order-book sample. 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 Binance live order book, 13 min ago | 2.41 bp | 15.6 bp −$16 | 41.8 bp −$418 | 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: 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 | −0.0224% | 1h | 0.002094 | +0.128% | $667K | $169K | 25x | as long as short |
| KuCoin GALAUSDTM | −0.0016% | 8h | 0.002091 | −0.020% | $1.8M | $5.9M | 75x | as long as short |
| Injective GALA/USDC PERPshort | +0.0033% | 1h | 0.002110 | +0.888% | $2K | $7K | 5.5x | |
| BloFin GALA-USDT | +0.0090% | 8h | 0.002088 | −0.164% | $312K | $63K | 20x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002092 | +0.028% | $305K | $162K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002096 | +0.207% | $17K | $11K | 5x | as long as short |
| Binance GALAUSDTlong | +0.0100% | 8h | 0.002091 | long leg | $5.5M | $17.6M | 75x | |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002089 | −0.116% | $6.1M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002085 | −0.307% | $2.2M | $4.3M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002094 | +0.123% | $1.8M | $1.2M | 75x | as long as short |
Kraken Futures PF_GALAUSD
KuCoin GALAUSDTM
BloFin GALA-USDT
Hyperliquid GALA
Aster GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GALA_USDT | +0.0100% | 8h | 0.002094 | +0.123% | $6.1M | $3.5M | 125x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002093 | +0.076% | $2.2M | $1.2M | 75x | as long as short |
| BingX GALA-USDT | +0.0100% | 8h | 0.002092 | +0.028% | — | $11.1M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002092 | +0.036% | $25K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002095 | +0.153% | $5K | $147K | 5x | as long as short |
MEXC GALA_USDT
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD