Settings8H · net · $10k
Funding arb · Price arb /

GALA

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.030%
Price spread now: BingX against Injective−0.806%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BingX is 0.806% cheaper against Injective than usual: you would sell low and buy high (spread −0.806% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$81 on $10k: about 40 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective GALA/USDC PERP0.0021100.0033pay 0.0004% / 1h47m 06s$2K$7K5.5x
ShortBingX GALA-USDT0.0020930.0100get 0.0100% / 8h6h 47m$11.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$14
Price spread: −0.806% → 0.000%
−$80.57
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BingX: 5 bp × 2 orders
−$10
Net
−$76.59
Costs to cover
0.100%
Break-even
45.3 days
Slippage unknown: Injective: no order-book sample; BingX: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell BingX live order book, 6 min ago4.77 bp15.2 bp −$1547.5 bp −$475235.2 bp −$23.5Kdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GALAUSD−0.0224%1h0.002092−0.855%$666K$169K25xas long as short
KuCoin GALAUSDTM−0.0009%8h0.002089−0.995%$1.8M$5.9M75xas long as short
Injective GALA/USDC PERPlong+0.0033%1h0.002110long leg$2K$7K5.5x
BloFin GALA-USDT+0.0090%8h0.002088−1.043%$312K$63K20xas long as short
Hyperliquid GALA+0.0100%1h0.002094−0.758%$305K$162K3xas long as short
Aster GALAUSDT+0.0100%8h0.002093−0.783%$17K$11K5xas long as short
Binance GALAUSDT+0.0100%8h0.002093−0.806%$5.5M$17.7M75xas long as short
Bybit GALAUSDT+0.0100%8h0.002092−0.853%$6.1M$6.5M75xas long as short
OKX GALA-USDT-SWAP+0.0100%8h0.002092−0.853%$2.2M$4.3M50xas long as short
Gate GALA_USDT+0.0100%8h0.002094−0.758%$1.8M$1.2M75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GALA_USDT+0.0100%8h0.002091−0.900%$6.0M$3.5M125xas long as short
Bitget GALAUSDT+0.0100%8h0.002092−0.853%$2.2M$1.2M75xas long as short
BingX GALA-USDTshort+0.0100%8h0.002093−0.806%$11.1M
Variational Omni GALA+0.0100%8h0.002094−0.750%$25K$21Kas long as short
Extended GALA-USD+0.0104%1h0.002093−0.818%$5K$147K5xas long as short