Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against ApeX Omni−0.173%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1631.626% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.173%, 7d avg −0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.132% cheaper against ApeX Omni than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni LAYERUSDT | 0.07670 | 0.0100 | pay 0.0013% / 1h | 11m 03s | $26K | $186K | 50x |
| Short | Binance LAYERUSDT | 0.07657 | 0.0100 | get 0.0050% / 4h | 2h 11m | $2.1M | $2.6M | 50x |
ApeX Omni LAYERUSDT
Binance LAYERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against ApeX Omni. 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: −0.173% → −0.041%
- −$13.18
- Slippage, 4 orders
- −$142.61
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$175.79
- Costs to cover
- 1.626%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 55 min ago; Binance: live order book, 9 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 ApeX Omni live order book, 55 min ago | 19.44 bp | 57.3 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.65 bp | 28.1 bp −$28 | 100.8 bp −$1,008 | doesn't fit | doesn't fit |
LAYER on 12 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_LAYERUSD | −0.0747% | 1h | 0.07660 | −0.136% | $8K | $54 | 10x | as long as short |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −5.163% | — | $18K | 5.5x | as long as short |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07674 | +0.055% | $596K | $168K | 3x | as long as short |
| Aster LAYERUSDT | +0.0100% | 4h | 0.07662 | −0.109% | $9K | $4K | 5x | as long as short |
| Binance LAYERUSDTshort | +0.0100% | 4h | 0.07657 | −0.173% | $2.1M | $2.6M | 50x | |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07652 | −0.235% | $721K | $729K | 20x | as long as short |
| Gate LAYER_USDT | +0.0100% | 4h | 0.07668 | −0.026% | $136K | $48K | 20x | as long as short |
| MEXC LAYER_USDT | +0.0100% | 4h | 0.07654 | −0.209% | $339K | $121K | 20x | as long as short |
| Bitget LAYERUSDT | +0.0100% | 4h | 0.07663 | −0.091% | $1.1M | $169K | 50x | as long as short |
| BingX LAYER-USDT | +0.0100% | 4h | 0.07663 | −0.091% | — | $1.6M | — | as long as short |
Kraken Futures PF_LAYERUSD
Injective LAYER/USDC PERP
Hyperliquid LAYER
Aster LAYERUSDT
OKX LAYER-USDT-SWAP
Gate LAYER_USDT
MEXC LAYER_USDT
Bitget LAYERUSDT
BingX LAYER-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni LAYERUSDTlong | +0.0100% | 1h | 0.07670 | long leg | $26K | $186K | 50x | |
| Extended LAYER-USD | +0.0104% | 1h | 0.07655 | −0.194% | $2K | $165K | 5x | as long as short |
Extended LAYER-USD