Funding you earn now, next payment 00:00 UTC−0.0082%/8h= −9.0% APRpaid last 24h +0.031%
Price spread now: Injective against BloFin+1.296%114s7-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 1.296% dearer against BloFin than usual: you sell high and buy low (spread +1.296% now, against zero (this spread has no 7-day history yet)): +$130 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 53 days. The two prices were read 114 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 | BloFin GALA-USDT | 0.002083 | 0.0115 | pay 0.0115% / 8h | 19m 18s | $307K | $70K | 20x |
| Short | Injective GALA/USDC PERP | 0.002110 | 0.0033 | get 0.0004% / 1h | 19m 18s | $2K | $7K | 5.5x |
BloFin GALA-USDT
Injective GALA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BloFin. 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
- −$17.17
- Price spread: +1.296% → 0.000%
- $129.62
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $100.44
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 53 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 BloFin live order book, 53 min ago | 4.80 bp | 10.8 bp −$11 | 21.1 bp −$211 | 239.6 bp −$24.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GALA/USDC PERPshort | +0.0033% | 1h | 0.002110 | +1.296% | $2K | $7K | 5.5x | |
| KuCoin GALAUSDTM | +0.0099% | 8h | 0.002083 | 0.000% | $1.8M | $6.2M | 75x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002088 | +0.240% | $310K | $171K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002086 | +0.131% | $17K | $10K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002086 | +0.158% | $5.4M | $17.8M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002086 | +0.144% | $6.0M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002084 | +0.048% | $2.2M | $4.4M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002086 | +0.144% | $1.7M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002087 | +0.192% | $5.7M | $3.4M | 125x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002086 | +0.144% | $2.1M | $1.2M | 75x | as long as short |
KuCoin GALAUSDTM
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
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 | 0.002086 | +0.144% | — | $11.2M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002083 | −0.013% | $25K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002087 | +0.196% | $3K | $156K | 5x | as long as short |
| BloFin GALA-USDTlong | +0.0115% | 8h | 0.002083 | long leg | $307K | $70K | 20x | |
| Kraken Futures PF_GALAUSD | +0.0585% | 1h | 0.002089 | +0.264% | $664K | $163K | 25x | as long as short |
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD
Kraken Futures PF_GALAUSD