Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against ApeX Omni+0.117%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1351.348% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)−0.183%−$18 · spread now +0.117%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.120% dearer against ApeX Omni than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni LAYERUSDT | 0.07700 | 0.0100 | pay 0.0013% / 1h | 59m 04s | $26K | $183K | 50x |
| Short | BingX LAYER-USDT | 0.07709 | 0.0100 | get 0.0050% / 4h | 3h 59m | — | $1.6M | — |
ApeX Omni LAYERUSDT
BingX LAYER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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 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: +0.117% → −0.003%
- $11.97
- Slippage, 4 orders
- −$114.8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$122.83
- Costs to cover
- 1.348%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 12 min ago; BingX: live order book, 7 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 ApeX Omni live order book, 12 min ago | 19.52 bp | 53.1 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 5.19 bp | 10.2 bp −$10 | 59.5 bp −$595 | 527.9 bp −$52.8K | 802.5 bp −$401.2K |
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 | −0.0783% | 1h | 0.07706 | +0.074% | $8K | $964 | 10x | as long as short |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −5.532% | — | $18K | 5.5x | as long as short |
| BloFin LAYER-USDT | +0.0045% | 4h | 0.07702 | +0.026% | $113K | $12K | 50x | as long as short |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07704 | +0.056% | $593K | $169K | 3x | as long as short |
| Aster LAYERUSDT | +0.0100% | 4h | 0.07705 | +0.061% | $10K | $3K | 5x | as long as short |
| Binance LAYERUSDT | +0.0100% | 4h | 0.07701 | +0.013% | $2.1M | $2.4M | 50x | as long as short |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07695 | −0.065% | $709K | $698K | 20x | as long as short |
| Gate LAYER_USDT | +0.0100% | 4h | 0.07706 | +0.078% | $137K | $52K | 20x | as long as short |
| MEXC LAYER_USDT | +0.0100% | 4h | 0.07701 | +0.013% | $341K | $113K | 20x | as long as short |
| Bitget LAYERUSDT | +0.0100% | 4h | 0.07708 | +0.104% | $1.1M | $166K | 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
MEXC LAYER_USDT
Bitget LAYERUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LAYER-USDTshort | +0.0100% | 4h | 0.07709 | +0.117% | — | $1.6M | — | |
| ApeX Omni LAYERUSDTlong | +0.0100% | 1h | 0.07700 | long leg | $26K | $183K | 50x | |
| Extended LAYER-USD | +0.0104% | 1h | 0.07699 | −0.007% | $2K | $172K | 5x | as long as short |
Extended LAYER-USD