Spread before costs (cost unknown: a leg has no order-book sample)−0.332%
7d average—if it closes, per $10,000$33funding while held, a day+$2.00
| 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 | 36m 25s | $2K | $14K | 5.5x |
| Short | Hyperliquid GALA | 0.002103 | 0.0100 | get 0.0013% / 1h | 36m 25s | $315K | $187K | 3x |
Injective GALA/USDC PERP
Hyperliquid GALAPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$33.18
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$40.2
- Spread needed to break even
- 0.090%
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 25 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- Average in range /8h
- —
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 Hyperliquid live order book, 25 min ago | 2.38 bp | 21.1 bp −$21 | doesn't fit | doesn't fit | 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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.002097cheapestKuCoin0.002101+0.209%Bitget0.002102+0.257%Extended0.002103+0.290%
Variational Omni
KuCoin
Bitget
ExtendedHyperliquid0.002103+0.305%
MEXC0.002103+0.305%BloFin0.002103+0.305%Binance0.002104+0.352%Bybit0.002104+0.352%OKX0.002104+0.352%BingX0.002104+0.352%Aster0.002104+0.370%Gate0.002105+0.400%Kraken Futures0.002105+0.421%
MEXC
BloFin
Binance
Bybit
OKX
BingX
Aster
Gate
Kraken FuturesInjective0.002110+0.638%
GALA on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni GALA | −0.634% | +0.0100% | 8h | $31K | $15K | — | as long as short |
| KuCoin GALAUSDTM | −0.427% | +0.0100% | 8h | $1.8M | $6.3M | 75x | as long as short |
| Bitget GALAUSDT | −0.379% | +0.0100% | 8h | $2.1M | $1.2M | 75x | as long as short |
| Extended GALA-USD | −0.346% | +0.0104% | 1h | $3K | $156K | 5x | as long as short |
| Hyperliquid GALAshort | −0.332% | +0.0100% | 1h | $315K | $187K | 3x | |
| MEXC GALA_USDT | −0.332% | +0.0100% | 8h | $6.3M | $3.4M | 125x | as long as short |
| BloFin GALA-USDT | −0.332% | +0.0123% | 8h | $338K | $103K | 20x | as long as short |
| Binance GALAUSDT | −0.284% | +0.0100% | 8h | $5.6M | $17.3M | 75x | as long as short |
| Bybit GALAUSDT | −0.284% | +0.0100% | 8h | $6.1M | $6.4M | 75x | as long as short |
| OKX GALA-USDT-SWAP | −0.284% | +0.0100% | 8h | $2.3M | $4.1M | 50x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX GALA-USDT | −0.284% | +0.0100% | 8h | — | $11.4M | — | as long as short |
| Aster GALAUSDT | −0.267% | +0.0100% | 8h | $17K | $9K | 5x | as long as short |
| Gate GALA_USDT | −0.237% | +0.0100% | 8h | $1.7M | $1.1M | 75x | as long as short |
| Kraken Futures PF_GALAUSD | −0.216% | +0.1157% | 1h | $652K | $119K | 25x | as long as short |
| Injective GALA/USDC PERPlong | 0.000% | +0.0033% | 1h | $2K | $14K | 5.5x |