Funding you earn now, next payment 02:00 UTC−0.0845%/8h= −92.5% APRpaid last 24h −0.202%
Price spread now: Kraken Futures against Aster+0.018%54s7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$25 a day on $10k at the current rate. The two prices were read 54 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 | Aster LAYERUSDT | 0.07673 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $9K | $4K | 5x |
| Short | Kraken Futures PF_LAYERUSD | 0.07674 | −0.0745 | pay 0.0093% / 1h | 22m 28s | $8K | $54 | 10x |
Aster LAYERUSDT
Kraken Futures PF_LAYERUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Aster. 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
- −$177.47
- Price spread: +0.018% → 0.000%
- $1.82
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$193.64
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Kraken Futures: no order-book sample. 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 Aster no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Aster and 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 12 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_LAYERUSDshort | −0.0745% | 1h | 0.07674 | +0.018% | $8K | $54 | 10x | |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −5.199% | — | $18K | 5.5x | as long as short |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07693 | +0.267% | $598K | $167K | 3x | as long as short |
| Aster LAYERUSDTlong | +0.0100% | 4h | 0.07673 | long leg | $9K | $4K | 5x | |
| Binance LAYERUSDT | +0.0100% | 4h | 0.07678 | +0.061% | $2.1M | $2.6M | 50x | as long as short |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07671 | −0.025% | $724K | $727K | 20x | as long as short |
| Gate LAYER_USDT | +0.0100% | 4h | 0.07675 | +0.027% | $136K | $48K | 20x | as long as short |
| MEXC LAYER_USDT | +0.0100% | 4h | 0.07677 | +0.053% | $340K | $121K | 20x | as long as short |
| Bitget LAYERUSDT | +0.0100% | 4h | 0.07674 | +0.014% | $1.1M | $169K | 50x | as long as short |
| BingX LAYER-USDT | +0.0100% | 4h | 0.07681 | +0.106% | — | $1.6M | — | as long as short |
Injective LAYER/USDC PERP
Hyperliquid LAYER
Binance LAYERUSDT
OKX LAYER-USDT-SWAP
Gate LAYER_USDT
MEXC LAYER_USDT
Bitget LAYERUSDT
BingX LAYER-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni LAYERUSDT | +0.0100% | 1h | 0.07680 | +0.092% | $26K | $185K | 50x | as long as short |
| Extended LAYER-USD | +0.0104% | 1h | 0.07672 | −0.014% | $2K | $165K | 5x | as long as short |
ApeX Omni LAYERUSDT
Extended LAYER-USD