Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid+0.102%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$930.926% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now +0.102%, 7d avg +0.028%
=Together, before fees+0.031%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 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: Binance is 0.074% dearer against Hyperliquid than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GALA | 0.002091 | 0.0100 | pay 0.0013% / 1h | 28m 23s | $310K | $174K | 3x |
| Short | Binance GALAUSDT | 0.002093 | 0.0100 | get 0.0100% / 8h | 2h 28m | $5.4M | $17.7M | 75x |
Hyperliquid GALA
Binance GALAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hyperliquid. 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: +0.102% → +0.028%
- $7.41
- Slippage, 4 orders
- −$73.56
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$85.15
- Costs to cover
- 0.926%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 55 min ago; Binance: live order book, 12 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 Hyperliquid live order book, 55 min ago | 4.77 bp | 29.2 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.40 bp | 20.4 bp −$20 | 42.1 bp −$421 | 376.0 bp −$37.6K | 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 | +0.909% | $2K | $7K | 5.5x | as long as short |
| BloFin GALA-USDT | +0.0092% | 8h | 0.002090 | −0.048% | $311K | $75K | 20x | as long as short |
| Hyperliquid GALAlong | +0.0100% | 1h | 0.002091 | long leg | $310K | $174K | 3x | |
| Aster GALAUSDT | +0.0100% | 8h | 0.002090 | −0.043% | $17K | $10K | 5x | as long as short |
| Binance GALAUSDTshort | +0.0100% | 8h | 0.002093 | +0.102% | $5.4M | $17.7M | 75x | |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002089 | −0.096% | $6.0M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002089 | −0.096% | $2.2M | $4.4M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002091 | 0.000% | $1.8M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002091 | 0.000% | $5.5M | $3.6M | 125x | as long as short |
| KuCoin GALAUSDTM | +0.0100% | 8h | 0.002088 | −0.143% | $1.8M | $6.6M | 75x | as long as short |
Injective GALA/USDC PERP
BloFin GALA-USDT
Aster GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
KuCoin GALAUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GALAUSDT | +0.0100% | 8h | 0.002088 | −0.143% | $2.1M | $1.2M | 75x | as long as short |
| BingX GALA-USDT | +0.0100% | 8h | 0.002094 | +0.143% | — | $11.4M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002088 | −0.124% | $25K | $17K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002090 | −0.057% | $3K | $156K | 5x | as long as short |
| Kraken Futures PF_GALAUSD | +0.0691% | 1h | 0.002093 | +0.116% | $659K | $152K | 25x | as long as short |
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD
Kraken Futures PF_GALAUSD