Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid0.000%7-day average −0.060% · 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−$88as in the Price arb table
costs, in and out, $10k−$940.944% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now 0.000%, 7d avg −0.060%
=Together, before fees−0.105%+ Points / potential airdropHyperliquid: Season 2 · farm board−$11 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: Bitget is 0.060% dearer against Hyperliquid than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GALA | 0.002083 | 0.0100 | pay 0.0013% / 1h | 11m 19s | $305K | $156K | 3x |
| Short | Bitget GALAUSDT | 0.002083 | 0.0100 | get 0.0100% / 8h | 3h 11m | $2.2M | $1.2M | 75x |
Hyperliquid GALA
Bitget GALAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: 0.000% → −0.060%
- $6.01
- Slippage, 4 orders
- −$73.43
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$88.42
- Costs to cover
- 0.944%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 68 min ago; Bitget: live order book, 1 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, 68 min ago | 2.39 bp | 25.4 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.40 bp | 25.9 bp −$26 | 114.9 bp −$1,149 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GALAUSD | −0.0166% | 1h | 0.002084 | +0.060% | $662K | $188K | 25x | as long as short |
| KuCoin GALAUSDTM | −0.0003% | 8h | 0.002083 | 0.000% | $1.7M | $5.1M | 75x | as long as short |
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +1.296% | $2K | $7K | 5.5x | as long as short |
| BloFin GALA-USDT | +0.0074% | 8h | 0.002093 | +0.480% | $309K | $67K | 20x | as long as short |
| Hyperliquid GALAlong | +0.0100% | 1h | 0.002083 | long leg | $305K | $156K | 3x | |
| Aster GALAUSDT | +0.0100% | 8h | 0.002084 | +0.025% | $17K | $7K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002084 | +0.025% | $5.5M | $17.1M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002082 | −0.048% | $6.0M | $6.1M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002081 | −0.096% | $2.2M | $4.0M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002084 | +0.048% | $1.8M | $1.4M | 75x | as long as short |
Kraken Futures PF_GALAUSD
KuCoin GALAUSDTM
Injective GALA/USDC PERP
BloFin GALA-USDT
Aster GALAUSDT
Binance 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 | 0.002083 | 0.000% | $5.8M | $3.4M | 125x | as long as short |
| Bitget GALAUSDTshort | +0.0100% | 8h | 0.002083 | 0.000% | $2.2M | $1.2M | 75x | |
| BingX GALA-USDT | +0.0100% | 8h | 0.002082 | −0.048% | — | $11.0M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002100 | +0.822% | $26K | $20K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002082 | −0.029% | $438 | $83K | 5x | as long as short |
MEXC GALA_USDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD