Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX−0.013%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1081.082% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now −0.013%, 7d avg +0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LAYER-USDT | 0.07658 | 0.0100 | pay 0.0050% / 4h | 31m 30s | — | $1.6M | — |
| Short | Bitget LAYERUSDT | 0.07657 | 0.0100 | get 0.0050% / 4h | 31m 30s | $1.1M | $165K | 50x |
BingX LAYER-USDT
Bitget LAYERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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: −0.013% → +0.002%
- −$1.49
- Slippage, 4 orders
- −$86.15
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$109.65
- Costs to cover
- 1.082%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; Bitget: live order book, 5 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 BingX live order book, 14 min ago | 4.56 bp | 19.3 bp −$19 | 100.5 bp −$1,005 | 595.2 bp −$59.5K | 813.7 bp −$406.9K |
| Sell Bitget live order book, 5 min ago | 9.14 bp | 35.8 bp −$36 | 109.8 bp −$1,098 | 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 | −0.0546% | 1h | 0.07656 | −0.020% | $8K | $964 | 10x | as long as short |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −5.014% | — | $18K | 5.5x | as long as short |
| BloFin LAYER-USDT | +0.0082% | 4h | 0.07655 | −0.039% | $113K | $12K | 50x | as long as short |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07664 | +0.078% | $590K | $166K | 3x | as long as short |
| Aster LAYERUSDT | +0.0100% | 4h | 0.07646 | −0.158% | $9K | $2K | 5x | as long as short |
| Binance LAYERUSDT | +0.0100% | 4h | 0.07651 | −0.091% | $2.1M | $2.4M | 50x | as long as short |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07655 | −0.039% | $706K | $668K | 20x | as long as short |
| Gate LAYER_USDT | +0.0100% | 4h | 0.07653 | −0.065% | $136K | $55K | 20x | as long as short |
| MEXC LAYER_USDT | +0.0100% | 4h | 0.07650 | −0.104% | $339K | $115K | 20x | as long as short |
| Bitget LAYERUSDTshort | +0.0100% | 4h | 0.07657 | −0.013% | $1.1M | $165K | 50x |
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_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LAYER-USDTlong | +0.0100% | 4h | 0.07658 | long leg | — | $1.6M | — | |
| ApeX Omni LAYERUSDT | +0.0100% | 1h | 0.07650 | −0.104% | $26K | $184K | 50x | as long as short |
| Extended LAYER-USD | +0.0104% | 1h | 0.07650 | −0.110% | $2K | $174K | 5x | as long as short |
ApeX Omni LAYERUSDT
Extended LAYER-USD