Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Gate against Extended+0.055%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$299as in the Funding arb table
Net, price: spread back to 7d avg − costs−$298as in the Price arb table
costs, in and out, $10k−$2982.980% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.055%, 7d avg +0.052%
=Together, before fees−0.089%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended LAYER-USD | 0.07725 | 0.0104 | pay 0.0013% / 1h | 0m 53s | $839 | $169K | 5x |
| Short | Gate LAYER_USDT | 0.07729 | 0.0100 | get 0.0050% / 4h | 0m 53s | $139K | $47K | 20x |
Extended LAYER-USD
Gate LAYER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$0.84
- Price spread: +0.055% → +0.052%
- $0.26
- Slippage, 4 orders
- −$278
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$298.59
- Costs to cover
- 2.980%
- Break-even
- never at this rate
Slippage from Extended: live order book, 55 min ago; Gate: live order book, 50 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 Extended live order book, 55 min ago | 5.16 bp | 31.7 bp −$32 | 284.0 bp −$2,840 | doesn't fit | doesn't fit |
| Sell Gate live order book, 50 min ago | 11.12 bp | 122.3 bp −$122 | 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 | −0.0506% | 1h | 0.07731 | +0.074% | $8K | $54 | 10x | as long as short |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −5.835% | — | $18K | 5.5x | as long as short |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07739 | +0.188% | $600K | $167K | 3x | as long as short |
| Aster LAYERUSDT | +0.0100% | 4h | 0.07721 | −0.044% | $10K | $4K | 5x | as long as short |
| Binance LAYERUSDT | +0.0100% | 4h | 0.07727 | +0.029% | $2.1M | $2.6M | 50x | as long as short |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07716 | −0.113% | $722K | $737K | 20x | as long as short |
| Gate LAYER_USDTshort | +0.0100% | 4h | 0.07729 | +0.055% | $139K | $47K | 20x | |
| MEXC LAYER_USDT | +0.0100% | 4h | 0.07726 | +0.016% | $366K | $122K | 20x | as long as short |
| Bitget LAYERUSDT | +0.0100% | 4h | 0.07729 | +0.055% | $1.1M | $138K | 50x | as long as short |
| BingX LAYER-USDT | +0.0100% | 4h | 0.07728 | +0.042% | — | $1.6M | — | as long as short |
Kraken Futures PF_LAYERUSD
Injective LAYER/USDC PERP
Hyperliquid LAYER
Aster LAYERUSDT
Binance LAYERUSDT
OKX LAYER-USDT-SWAP
MEXC LAYER_USDT
Bitget LAYERUSDT
BingX LAYER-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni LAYERUSDT | +0.0100% | 1h | 0.07720 | −0.062% | $17K | $193K | 50x | as long as short |
| Extended LAYER-USDlong | +0.0104% | 1h | 0.07725 | long leg | $839 | $169K | 5x | |
| BloFin LAYER-USDT | +0.0145% | 4h | 0.07721 | −0.049% | $115K | $16K | 50x | as long as short |
ApeX Omni LAYERUSDT
BloFin LAYER-USDT