LAYER

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.020%

Price spread now: Injective against ApeX Omni−5.410%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Injective

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 5.410% cheaper against ApeX Omni than usual: you would sell low and buy high (−$541 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni LAYERUSDT	0.07690	0.0100	pay 0.0013% / 1h	44m 10s	$26K	$181K	50x
Short	Injective LAYER/USDC PERP	0.07274	0.0033	get 0.0004% / 1h	44m 10s	—	$18K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee InjectivebpOrdersPrice spread, now −5.410%Rate

Funding earned: −$14
Price spread: −5.410% → 0.000%: −$540.96
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$564.98
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 27 min ago; Injective: no order-book sample. 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 ApeX Omni live order book, 27 min ago	19.52 bp	53.1 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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.

LAYER on 13 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	−0.0784%	1h	0.07700	+0.127%	$8K	$964	10x	as long as short
Injective LAYER/USDC PERPshort	+0.0033%	1h	0.07274	−5.410%	—	$18K	5.5x
Hyperliquid LAYER	+0.0100%	1h	0.07708	+0.234%	$596K	$168K	3x	as long as short
Aster LAYERUSDT	+0.0100%	4h	0.07708	+0.233%	$10K	$3K	5x	as long as short
Binance LAYERUSDT	+0.0100%	4h	0.07699	+0.112%	$2.1M	$2.4M	50x	as long as short
OKX LAYER-USDT-SWAP	+0.0100%	4h	0.07697	+0.091%	$708K	$688K	20x	as long as short
Gate LAYER_USDT	+0.0100%	4h	0.07702	+0.156%	$138K	$52K	20x	as long as short
MEXC LAYER_USDT	+0.0100%	4h	0.07697	+0.091%	$341K	$115K	20x	as long as short
Bitget LAYERUSDT	+0.0100%	4h	0.07703	+0.169%	$1.1M	$165K	50x	as long as short
BingX LAYER-USDT	+0.0100%	4h	0.07702	+0.156%	—	$1.6M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni LAYERUSDTlong	+0.0100%	1h	0.07690	long leg	$26K	$181K	50x
Extended LAYER-USD	+0.0104%	1h	0.07704	+0.185%	$2K	$176K	5x	as long as short
BloFin LAYER-USDT	+0.0139%	4h	0.07694	+0.052%	$113K	$14K	50x	as long as short