LAYER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.11 per $10,000 · paid last 24h −0.004%

Price spread now: BloFin against Aster−0.014%82s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LAYERUSDT	0.07722	0.0100	pay 0.0050% / 4h	1m 54s	$10K	$4K	5x
Short	BloFin LAYER-USDT	0.07721	0.0077	get 0.0039% / 4h	1m 54s	$115K	$16K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee BloFinbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$4.74
Price spread: −0.014% → 0.000%: −$1.38
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$26.12
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; BloFin: live order book, 27 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 Aster no order-book sample	—	—	—	—	—
Sell BloFin live order book, 27 min ago	2.61 bp	23.3 bp −$23	79.4 bp −$794	doesn't fit	doesn't fit

Aster: 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_LAYERUSD	−0.0506%	1h	0.07722	+0.003%	$8K	$54	10x	as long as short
Injective LAYER/USDC PERP	+0.0033%	1h	0.07274	−5.802%	—	$18K	5.5x	as long as short
BloFin LAYER-USDTshort	+0.0077%	4h	0.07721	−0.014%	$115K	$16K	50x
Hyperliquid LAYER	+0.0100%	1h	0.07737	+0.188%	$600K	$167K	3x	as long as short
Aster LAYERUSDTlong	+0.0100%	4h	0.07722	long leg	$10K	$4K	5x
Binance LAYERUSDT	+0.0100%	4h	0.07722	−0.001%	$2.1M	$2.6M	50x	as long as short
OKX LAYER-USDT-SWAP	+0.0100%	4h	0.07712	−0.130%	$720K	$737K	20x	as long as short
Gate LAYER_USDT	+0.0100%	4h	0.07720	−0.027%	$139K	$47K	20x	as long as short
MEXC LAYER_USDT	+0.0100%	4h	0.07715	−0.092%	$365K	$122K	20x	as long as short
Bitget LAYERUSDT	+0.0100%	4h	0.07721	−0.014%	$1.1M	$138K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX LAYER-USDT	+0.0100%	4h	0.07721	−0.014%	—	$1.6M	—	as long as short
ApeX Omni LAYERUSDT	+0.0100%	1h	0.07720	−0.027%	$17K	$193K	50x	as long as short
Extended LAYER-USD	+0.0104%	1h	0.07720	−0.030%	$839	$169K	5x	as long as short