Settings8H · net · $10k
Funding arb · Price arb /

LAYER

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Injective+5.994%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 5.994% dearer against Injective than usual: you sell high and buy low: +$599 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LAYER/USDC PERP0.072740.0033pay 0.0004% / 1h18m 30s$18K5.5x
ShortApeX Omni LAYERUSDT0.077100.0100get 0.0013% / 1h18m 30s$25K$187K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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

Funding earned
$14
Price spread: +5.994% → 0.000%
$599.4
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$603.38
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 43 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell ApeX Omni live order book, 43 min ago13.04 bp47.9 bp −$48doesn't fitdoesn't fitdoesn'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.

LAYER on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_LAYERUSD−0.0417%1h0.07712+6.021%$8K$5410xas long as short
Injective LAYER/USDC PERPlong+0.0033%1h0.07274long leg$18K5.5x
BloFin LAYER-USDT+0.0087%4h0.07725+6.200%$116K$14K50xas long as short
Hyperliquid LAYER+0.0100%1h0.07720+6.138%$600K$167K3xas long as short
Aster LAYERUSDT+0.0100%4h0.07714+6.055%$10K$4K5xas long as short
Binance LAYERUSDT+0.0100%4h0.07708+5.970%$2.1M$2.6M50xas long as short
OKX LAYER-USDT-SWAP+0.0100%4h0.07701+5.870%$722K$741K20xas long as short
Gate LAYER_USDT+0.0100%4h0.07717+6.090%$139K$50K20xas long as short
MEXC LAYER_USDT+0.0100%4h0.07708+5.966%$342K$118K20xas long as short
Bitget LAYERUSDT+0.0100%4h0.07705+5.925%$1.1M$165K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LAYER-USDT+0.0100%4h0.07712+6.021%$1.6Mas long as short
ApeX Omni LAYERUSDTshort+0.0100%1h0.07710+5.994%$25K$187K50x
Extended LAYER-USD+0.0104%1h0.07708+5.971%$746$170K5xas long as short