Funding you earn now, next payment 00:00 UTC+0.0619%/8h= +67.7% APRpaid last 24h +0.189%
Price spread now: BloFin against Kraken Futures−0.008%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LAYERUSD | 0.07709 | −0.0543 | get 0.0068% / 1h | 6m 38s | $8K | $964 | 10x |
| Short | BloFin LAYER-USDT | 0.07708 | 0.0076 | get 0.0038% / 4h | 6m 38s | $113K | $12K | 50x |
Kraken Futures PF_LAYERUSD
BloFin LAYER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. 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
- $129.89
- Price spread: −0.008% → 0.000%
- −$0.76
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $107.13
- Costs to cover
- 0.220%
- Break-even
- 1.2 days
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 53 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 53 min ago | 3.92 bp | 24.6 bp −$25 | 73.0 bp −$730 | doesn't fit | doesn't fit |
Kraken Futures: 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_LAYERUSDlong | −0.0543% | 1h | 0.07709 | long leg | $8K | $964 | 10x | |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −5.638% | — | $18K | 5.5x | as long as short |
| BloFin LAYER-USDTshort | +0.0076% | 4h | 0.07708 | −0.008% | $113K | $12K | 50x | |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07709 | +0.008% | $593K | $169K | 3x | as long as short |
| Aster LAYERUSDT | +0.0100% | 4h | 0.07712 | +0.048% | $10K | $3K | 5x | as long as short |
| Binance LAYERUSDT | +0.0100% | 4h | 0.07702 | −0.085% | $2.1M | $2.4M | 50x | as long as short |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07700 | −0.111% | $709K | $697K | 20x | as long as short |
| Gate LAYER_USDT | +0.0100% | 4h | 0.07719 | +0.135% | $138K | $55K | 20x | as long as short |
| MEXC LAYER_USDT | +0.0100% | 4h | 0.07704 | −0.060% | $341K | $116K | 20x | as long as short |
| Bitget LAYERUSDT | +0.0100% | 4h | 0.07711 | +0.031% | $1.1M | $166K | 50x | as long as short |
Injective LAYER/USDC PERP
Hyperliquid LAYER
Aster LAYERUSDT
Binance LAYERUSDT
OKX LAYER-USDT-SWAP
Gate LAYER_USDT
MEXC 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 | 0.07708 | −0.008% | — | $1.6M | — | as long as short |
| ApeX Omni LAYERUSDT | +0.0100% | 1h | 0.07700 | −0.111% | $26K | $183K | 50x | as long as short |
| Extended LAYER-USD | +0.0104% | 1h | 0.07702 | −0.081% | $2K | $174K | 5x | as long as short |
BingX LAYER-USDT
ApeX Omni LAYERUSDT
Extended LAYER-USD