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

LAYER

all LAYER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against MEXC−0.040%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1091.092% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.040%, 7d avg −0.024%
Together, before fees+0.221%+ Points / potential airdropExtended: Active · farm board+$22 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC LAYER_USDT0.076680.0100pay 0.0050% / 4h3h 46m$402K$128K20x
ShortExtended LAYER-USD0.076650.0104get 0.0013% / 1h46m 58s$3K$215K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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
$0.84
Price spread: −0.040% → −0.024%
−$1.6
Slippage, 4 orders
−$104.19
Fee MEXC: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$109.94
Costs to cover
1.092%
Break-even
923.2 days
Slippage from MEXC: live order book, 34 min ago; Extended: live order book, 49 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 MEXC live order book, 34 min ago2.62 bp15.5 bp −$1651.7 bp −$517175.2 bp −$17.5Kdoesn't fit
Sell Extended live order book, 49 min ago3.86 bp37.8 bp −$38266.1 bp −$2,661doesn'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−0.0952%1h0.07664−0.053%$8K$5410xas long as short
Injective LAYER/USDC PERP+0.0033%1h0.07274−5.138%$18K5.5xas long as short
BloFin LAYER-USDT+0.0059%4h0.07667−0.013%$113K$12K50xas long as short
Hyperliquid LAYER+0.0100%1h0.07676+0.100%$590K$155K3xas long as short
Aster LAYERUSDT+0.0100%4h0.07661−0.089%$9K$4K5xas long as short
Binance LAYERUSDT+0.0100%4h0.07667−0.013%$2.1M$2.1M50xas long as short
OKX LAYER-USDT-SWAP+0.0100%4h0.07666−0.026%$713K$566K20xas long as short
Gate LAYER_USDT+0.0100%4h0.07659−0.117%$141K$37K20xas long as short
MEXC LAYER_USDTlong+0.0100%4h0.07668long leg$402K$128K20x
Bitget LAYERUSDT+0.0100%4h0.07670+0.026%$1.1M$97K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LAYER-USDT+0.0100%4h0.07674+0.078%$1.6Mas long as short
ApeX Omni LAYERUSDT+0.0100%1h0.07660−0.104%$16K$191K50xas long as short
Extended LAYER-USDshort+0.0104%1h0.07665−0.040%$3K$215K5x