Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.013%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$880.879% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.085%−$8 · spread now +0.013%, 7d avg −0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LAYERUSDT | 0.07661 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $2.1M | $2.4M | 50x |
| Short | MEXC LAYER_USDT | 0.07662 | 0.0100 | get 0.0050% / 4h | 2h 44m | $373K | $130K | 20x |
Binance LAYERUSDT
MEXC LAYER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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: +0.013% → −0.006%
- $1.87
- Slippage, 4 orders
- −$77.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$86.06
- Costs to cover
- 0.879%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 51 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 Binance live order book, 6 min ago | 1.95 bp | 29.8 bp −$30 | 189.4 bp −$1,894 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 51 min ago | 2.60 bp | 15.8 bp −$16 | 48.8 bp −$488 | 113.7 bp −$11.4K | doesn't fit |
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 | −0.0415% | 1h | 0.07664 | +0.040% | $8K | $54 | 10x | as long as short |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −5.052% | — | $18K | 5.5x | as long as short |
| BloFin LAYER-USDT | +0.0072% | 4h | 0.07662 | +0.013% | $114K | $15K | 50x | as long as short |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07674 | +0.164% | $596K | $162K | 3x | as long as short |
| Aster LAYERUSDT | +0.0100% | 4h | 0.07661 | +0.005% | $9K | $4K | 5x | as long as short |
| Binance LAYERUSDTlong | +0.0100% | 4h | 0.07661 | long leg | $2.1M | $2.4M | 50x | |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07659 | −0.026% | $713K | $668K | 20x | as long as short |
| Gate LAYER_USDT | +0.0100% | 4h | 0.07682 | +0.274% | $142K | $41K | 20x | as long as short |
| MEXC LAYER_USDTshort | +0.0100% | 4h | 0.07662 | +0.013% | $373K | $130K | 20x | |
| Bitget LAYERUSDT | +0.0100% | 4h | 0.07659 | −0.026% | $1.1M | $115K | 50x | as long as short |
Kraken Futures PF_LAYERUSD
Injective LAYER/USDC PERP
BloFin LAYER-USDT
Hyperliquid LAYER
Aster LAYERUSDT
OKX LAYER-USDT-SWAP
Gate LAYER_USDT
Bitget LAYERUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LAYER-USDT | +0.0100% | 4h | 0.07666 | +0.065% | — | $1.6M | — | as long as short |
| ApeX Omni LAYERUSDT | +0.0100% | 1h | 0.07680 | +0.248% | $19K | $193K | 50x | as long as short |
| Extended LAYER-USD | +0.0104% | 1h | 0.07660 | −0.013% | $4K | $208K | 5x | as long as short |
BingX LAYER-USDT
ApeX Omni LAYERUSDT
Extended LAYER-USD