Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended+0.011%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1000.999% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.011%, 7d avg +0.026%
=Together, before fees−0.033%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended LAYER-USD | 0.07629 | 0.0104 | pay 0.0013% / 1h | 21m 01s | $2K | $174K | 5x |
| Short | MEXC LAYER_USDT | 0.07630 | 0.0100 | get 0.0050% / 4h | 1h 21m | $352K | $114K | 20x |
Extended LAYER-USD
MEXC LAYER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Extended. 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
- −$0.84
- Price spread: +0.011% → +0.026%
- −$1.53
- Slippage, 4 orders
- −$94.88
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$102.25
- Costs to cover
- 0.999%
- Break-even
- never at this rate
Slippage from Extended: live order book, 60 min ago; MEXC: live order book, 53 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 Extended live order book, 60 min ago | 5.17 bp | 30.8 bp −$31 | 267.9 bp −$2,679 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 53 min ago | 0.65 bp | 8.7 bp −$9 | 48.9 bp −$489 | 205.6 bp −$20.6K | 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 | −0.0448% | 1h | 0.07631 | +0.023% | $8K | $964 | 10x | as long as short |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −4.655% | — | $18K | 5.5x | as long as short |
| BloFin LAYER-USDT | +0.0071% | 4h | 0.07631 | +0.024% | $113K | $12K | 50x | as long as short |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07631 | +0.023% | $588K | $166K | 3x | as long as short |
| Aster LAYERUSDT | +0.0100% | 4h | 0.07632 | +0.044% | $9K | $2K | 5x | as long as short |
| Binance LAYERUSDT | +0.0100% | 4h | 0.07631 | +0.019% | $2.1M | $2.4M | 50x | as long as short |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07623 | −0.081% | $702K | $661K | 20x | as long as short |
| Gate LAYER_USDT | +0.0100% | 4h | 0.07634 | +0.063% | $136K | $55K | 20x | as long as short |
| MEXC LAYER_USDTshort | +0.0100% | 4h | 0.07630 | +0.011% | $352K | $114K | 20x | |
| Bitget LAYERUSDT | +0.0100% | 4h | 0.07632 | +0.037% | $1.1M | $167K | 50x | as long as short |
Kraken Futures PF_LAYERUSD
Injective LAYER/USDC PERP
BloFin LAYER-USDT
Hyperliquid LAYER
Aster LAYERUSDT
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni LAYERUSDT | +0.0100% | 1h | 0.07640 | +0.142% | $26K | $185K | 50x | as long as short |
| Extended LAYER-USDlong | +0.0104% | 1h | 0.07629 | long leg | $2K | $174K | 5x | |
| BingX LAYER-USDT | +0.0130% | 4h | 0.07632 | +0.037% | — | $1.6M | — | as long as short |
ApeX Omni LAYERUSDT
BingX LAYER-USDT