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

LAYER

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.004%
Price spread now: Extended against Aster−0.059%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.059% cheaper against Aster than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster LAYERUSDT0.076950.0100pay 0.0050% / 4h3h 16m$9K$3K5x
ShortExtended LAYER-USD0.076900.0104get 0.0013% / 1h16m 59s$2K$176K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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
$0.84
Price spread: −0.059% → 0.000%
−$5.91
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$18.07
Costs to cover
0.130%
Break-even
157.6 days
Slippage unknown: Aster: no order-book sample; Extended: live order book, 54 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 Aster no order-book sample
Sell Extended live order book, 54 min ago3.91 bp36.5 bp −$37258.5 bp −$2,585doesn't fitdoesn't fit
Aster: 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−0.0783%1h0.07707+0.162%$8K$96410xas long as short
Injective LAYER/USDC PERP+0.0033%1h0.07274−5.468%$18K5.5xas long as short
Hyperliquid LAYER+0.0100%1h0.07707+0.163%$600K$168K3xas long as short
Aster LAYERUSDTlong+0.0100%4h0.07695long leg$9K$3K5x
Binance LAYERUSDT+0.0100%4h0.07691−0.054%$2.1M$2.5M50xas long as short
OKX LAYER-USDT-SWAP+0.0100%4h0.07688−0.088%$713K$695K20xas long as short
Gate LAYER_USDT+0.0100%4h0.07687−0.101%$137K$53K20xas long as short
MEXC LAYER_USDT+0.0100%4h0.07694−0.010%$344K$118K20xas long as short
Bitget LAYERUSDT+0.0100%4h0.07691−0.049%$1.1M$167K50xas long as short
BingX LAYER-USDT+0.0100%4h0.07697+0.029%$1.6Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni LAYERUSDT+0.0100%1h0.07710+0.198%$26K$182K50xas long as short
Extended LAYER-USDshort+0.0104%1h0.07690−0.059%$2K$176K5x
BloFin LAYER-USDT+0.0131%4h0.07712+0.224%$114K$14K50xas long as short