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

LAYER

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.141%+$14 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LAYER-USDT0.076360.0093pay 0.0047% / 4h2h 07m$113K$12K50x
ShortApeX Omni LAYERUSDT0.076300.0100get 0.0013% / 1h7m 50s$26K$186K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 4 min ago0.65 bp18.2 bp −$1867.4 bp −$674doesn't fitdoesn't fit
Sell ApeX Omni live order book, 13 min ago13.07 bp38.5 bp −$39doesn't fitdoesn't fitdoesn't fit

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−0.0464%1h0.07641+0.061%$8K$96410xas long as short
Injective LAYER/USDC PERP+0.0033%1h0.07274−4.741%$18K5.5xas long as short
BloFin LAYER-USDTlong+0.0093%4h0.07636long leg$113K$12K50x
Hyperliquid LAYER+0.0100%1h0.07648+0.152%$588K$162K3xas long as short
Aster LAYERUSDT+0.0100%4h0.07635−0.013%$9K$2K5xas long as short
Binance LAYERUSDT+0.0100%4h0.07637+0.013%$2.1M$2.3M50xas long as short
OKX LAYER-USDT-SWAP+0.0100%4h0.07634−0.026%$702K$654K20xas long as short
Gate LAYER_USDT+0.0100%4h0.07643+0.092%$137K$54K20xas long as short
MEXC LAYER_USDT+0.0100%4h0.07638+0.026%$352K$116K20xas long as short
Bitget LAYERUSDT+0.0100%4h0.07641+0.065%$1.1M$163K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni LAYERUSDTshort+0.0100%1h0.07630−0.079%$26K$186K50x
Extended LAYER-USD+0.0104%1h0.07636+0.001%$2K$174K5xas long as short
BingX LAYER-USDT+0.0156%4h0.07642+0.079%$1.6Mas long as short