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
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
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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective GALA/USDC PERP | 0.002110 | 0.0033 | pay 0.0004% / 1h | 47m 06s | $2K | $7K | 5.5x |
| Short | BingX GALA-USDT | 0.002093 | 0.0100 | get 0.0100% / 8h | 6h 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 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: −0.806% → 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 6 min ago | 4.77 bp | 15.2 bp −$15 | 47.5 bp −$475 | 235.2 bp −$23.5K | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GALAUSD | −0.0224% | 1h | 0.002092 | −0.855% | $666K | $169K | 25x | as long as short |
| KuCoin GALAUSDTM | −0.0009% | 8h | 0.002089 | −0.995% | $1.8M | $5.9M | 75x | as long as short |
| Injective GALA/USDC PERPlong | +0.0033% | 1h | 0.002110 | long leg | $2K | $7K | 5.5x | |
| BloFin GALA-USDT | +0.0090% | 8h | 0.002088 | −1.043% | $312K | $63K | 20x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002094 | −0.758% | $305K | $162K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002093 | −0.783% | $17K | $11K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002093 | −0.806% | $5.5M | $17.7M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002092 | −0.853% | $6.1M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002092 | −0.853% | $2.2M | $4.3M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002094 | −0.758% | $1.8M | $1.2M | 75x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GALA_USDT | +0.0100% | 8h | 0.002091 | −0.900% | $6.0M | $3.5M | 125x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002092 | −0.853% | $2.2M | $1.2M | 75x | as long as short |
| BingX GALA-USDTshort | +0.0100% | 8h | 0.002093 | −0.806% | — | $11.1M | — | |
| Variational Omni GALA | +0.0100% | 8h | 0.002094 | −0.750% | $25K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002093 | −0.818% | $5K | $147K | 5x | as long as short |
Injective GALA/USDC PERP
BingX GALA-USDT
Kraken Futures PF_GALAUSD
KuCoin GALAUSDTM
BloFin GALA-USDT
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
Bitget GALAUSDT
Variational Omni GALA
Extended GALA-USD