Funding you earn now, next payment 23:00 UTC+0.0552%/8h= +60.5% APRnext payment +$0.69 per $10,000 · paid last 24h +0.194%
Price spread now: Extended against Kraken Futures+0.007%7-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: +$17 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LAYERUSD | 0.07631 | −0.0448 | get 0.0056% / 1h | 20m 14s | $8K | $964 | 10x |
| Short | Extended LAYER-USD | 0.07631 | 0.0104 | get 0.0013% / 1h | 20m 14s | $2K | $174K | 5x |
Kraken Futures PF_LAYERUSD
Extended LAYER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Kraken Futures. 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
- $115.98
- Price spread: +0.007% → 0.000%
- $0.71
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $101.69
- Costs to cover
- 0.150%
- Break-even
- 0.9 days
Slippage unknown: Kraken Futures: no order-book sample; Extended: live order book, 61 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 61 min ago | 5.17 bp | 49.7 bp −$50 | 292.7 bp −$2,927 | doesn't fit | doesn't fit |
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 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_LAYERUSDlong | −0.0448% | 1h | 0.07631 | long leg | $8K | $964 | 10x | |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −4.673% | — | $18K | 5.5x | as long as short |
| BloFin LAYER-USDT | +0.0071% | 4h | 0.07631 | +0.005% | $113K | $12K | 50x | as long as short |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07632 | +0.024% | $588K | $166K | 3x | as long as short |
| Aster LAYERUSDT | +0.0100% | 4h | 0.07637 | +0.089% | $9K | $2K | 5x | as long as short |
| Binance LAYERUSDT | +0.0100% | 4h | 0.07632 | +0.018% | $2.1M | $2.4M | 50x | as long as short |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07623 | −0.099% | $701K | $661K | 20x | as long as short |
| Gate LAYER_USDT | +0.0100% | 4h | 0.07633 | +0.032% | $136K | $55K | 20x | as long as short |
| MEXC LAYER_USDT | +0.0100% | 4h | 0.07629 | −0.021% | $352K | $114K | 20x | as long as short |
| Bitget LAYERUSDT | +0.0100% | 4h | 0.07639 | +0.110% | $1.1M | $167K | 50x | as long as short |
Injective LAYER/USDC PERP
BloFin LAYER-USDT
Hyperliquid LAYER
Aster LAYERUSDT
Binance LAYERUSDT
OKX LAYER-USDT-SWAP
Gate LAYER_USDT
MEXC LAYER_USDT
Bitget LAYERUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni LAYERUSDT | +0.0100% | 1h | 0.07640 | +0.123% | $26K | $185K | 50x | as long as short |
| Extended LAYER-USDshort | +0.0104% | 1h | 0.07631 | +0.007% | $2K | $174K | 5x | |
| BingX LAYER-USDT | +0.0130% | 4h | 0.07633 | +0.032% | — | $1.6M | — | as long as short |
ApeX Omni LAYERUSDT
BingX LAYER-USDT