LAYER

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Extended against ApeX Omni−0.366%72s7-day average −0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$176as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1741.742% of the position

Long on ApeX Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 4 days (all we have)+0.233%+$23 · spread now −0.366%, 7d avg −0.069%

Together, before fees+0.214%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.297% cheaper against ApeX Omni than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of −0.069%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

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	2m 09s	$17K	$192K	50x
Short	Extended LAYER-USD	0.07672	0.0104	get 0.0013% / 1h	2m 09s	$3K	$204K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee ExtendedbpOrdersPrice spread, now −0.366%Rate

Funding earned: $0.84
Price spread: −0.366% → −0.069%: −$29.69
Slippage, 4 orders: −$159.24
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$203.08
Costs to cover: 1.742%
Break-even: 1699.4 days

Slippage from ApeX Omni: live order book, 49 min ago; Extended: live order book, 49 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, 49 min ago	19.44 bp	43.3 bp −$43	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 49 min ago	4.22 bp	33.0 bp −$33	251.1 bp −$2,511	doesn't fit	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	−0.0001%	1h	0.07674	−0.332%	$8K	$54	10x	as long as short
Injective LAYER/USDC PERP	+0.0033%	1h	0.07274	−5.532%	—	$18K	5.5x	as long as short
Hyperliquid LAYER	+0.0100%	1h	0.07679	−0.274%	$596K	$163K	3x	as long as short
Aster LAYERUSDT	+0.0100%	4h	0.07672	−0.358%	$9K	$4K	5x	as long as short
Binance LAYERUSDT	+0.0100%	4h	0.07670	−0.387%	$2.1M	$2.4M	50x	as long as short
OKX LAYER-USDT-SWAP	+0.0100%	4h	0.07650	−0.649%	$714K	$683K	20x	as long as short
Gate LAYER_USDT	+0.0100%	4h	0.07680	−0.260%	$142K	$41K	20x	as long as short
MEXC LAYER_USDT	+0.0100%	4h	0.07672	−0.364%	$374K	$134K	20x	as long as short
Bitget LAYERUSDT	+0.0100%	4h	0.07672	−0.364%	$1.1M	$117K	50x	as long as short
BingX LAYER-USDT	+0.0100%	4h	0.07668	−0.416%	—	$1.6M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni LAYERUSDTlong	+0.0100%	1h	0.07700	long leg	$17K	$192K	50x
Extended LAYER-USDshort	+0.0104%	1h	0.07672	−0.366%	$3K	$204K	5x
BloFin LAYER-USDT	+0.0155%	4h	0.07678	−0.286%	$114K	$15K	50x	as long as short