Funding you earn now, next payment 22:00 UTC+0.0007%/8h= +0.7% APRpaid last 24h +0.006%
Price spread now: ApeX Omni against BloFin−0.079%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1231.228% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 3 days (all we have)+0.092%+$9 · spread now −0.079%, 7d avg +0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.129% cheaper against BloFin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LAYER-USDT | 0.07636 | 0.0093 | pay 0.0047% / 4h | 2h 07m | $113K | $12K | 50x |
| Short | ApeX Omni LAYERUSDT | 0.07630 | 0.0100 | get 0.0013% / 1h | 7m 50s | $26K | $186K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BloFin. 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
- $1.42
- Price spread: −0.079% → +0.050%
- −$12.87
- Slippage, 4 orders
- −$100.81
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$134.25
- Costs to cover
- 1.228%
- Break-even
- 667.6 days
Slippage from BloFin: live order book, 4 min ago; ApeX Omni: live order book, 13 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 BloFin live order book, 4 min ago | 0.65 bp | 18.2 bp −$18 | 67.4 bp −$674 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 13 min ago | 13.07 bp | 38.5 bp −$39 | doesn't fit | 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 | −0.0464% | 1h | 0.07641 | +0.061% | $8K | $964 | 10x | as long as short |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −4.741% | — | $18K | 5.5x | as long as short |
| BloFin LAYER-USDTlong | +0.0093% | 4h | 0.07636 | long leg | $113K | $12K | 50x | |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07648 | +0.152% | $588K | $162K | 3x | as long as short |
| Aster LAYERUSDT | +0.0100% | 4h | 0.07635 | −0.013% | $9K | $2K | 5x | as long as short |
| Binance LAYERUSDT | +0.0100% | 4h | 0.07637 | +0.013% | $2.1M | $2.3M | 50x | as long as short |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07634 | −0.026% | $702K | $654K | 20x | as long as short |
| Gate LAYER_USDT | +0.0100% | 4h | 0.07643 | +0.092% | $137K | $54K | 20x | as long as short |
| MEXC LAYER_USDT | +0.0100% | 4h | 0.07638 | +0.026% | $352K | $116K | 20x | as long as short |
| Bitget LAYERUSDT | +0.0100% | 4h | 0.07641 | +0.065% | $1.1M | $163K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni LAYERUSDTshort | +0.0100% | 1h | 0.07630 | −0.079% | $26K | $186K | 50x | |
| Extended LAYER-USD | +0.0104% | 1h | 0.07636 | +0.001% | $2K | $174K | 5x | as long as short |
| BingX LAYER-USDT | +0.0156% | 4h | 0.07642 | +0.079% | — | $1.6M | — | as long as short |
BloFin LAYER-USDT
ApeX Omni LAYERUSDT
Kraken Futures PF_LAYERUSD
Injective LAYER/USDC PERP
Hyperliquid LAYER
Aster LAYERUSDT
Binance LAYERUSDT
OKX LAYER-USDT-SWAP
Gate LAYER_USDT
MEXC LAYER_USDT
Bitget LAYERUSDT
Extended LAYER-USD
BingX LAYER-USDT