Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.017%
Price spread now: Injective against Aster−4.865%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.865% cheaper against Aster than usual: you would sell low and buy high (−$487 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster LAYERUSDT | 0.07646 | 0.0100 | pay 0.0050% / 4h | 31m 18s | $9K | $2K | 5x |
| Short | Injective LAYER/USDC PERP | 0.07274 | 0.0033 | get 0.0004% / 1h | 31m 18s | — | $18K | 5.5x |
Aster LAYERUSDT
Injective LAYER/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Aster. 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
- −$14
- Price spread: −4.865% → 0.000%
- −$486.54
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$508.56
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample | — | — | — | — | — |
Aster and Injective: 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 | −0.0547% | 1h | 0.07656 | +0.125% | $8K | $964 | 10x | as long as short |
| Injective LAYER/USDC PERPshort | +0.0033% | 1h | 0.07274 | −4.865% | — | $18K | 5.5x | |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07664 | +0.235% | $590K | $166K | 3x | as long as short |
| Aster LAYERUSDTlong | +0.0100% | 4h | 0.07646 | long leg | $9K | $2K | 5x | |
| Binance LAYERUSDT | +0.0100% | 4h | 0.07651 | +0.065% | $2.1M | $2.4M | 50x | as long as short |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07655 | +0.118% | $707K | $668K | 20x | as long as short |
| Gate LAYER_USDT | +0.0100% | 4h | 0.07654 | +0.105% | $136K | $55K | 20x | as long as short |
| MEXC LAYER_USDT | +0.0100% | 4h | 0.07650 | +0.052% | $339K | $115K | 20x | as long as short |
| Bitget LAYERUSDT | +0.0100% | 4h | 0.07657 | +0.144% | $1.1M | $165K | 50x | as long as short |
| BingX LAYER-USDT | +0.0100% | 4h | 0.07657 | +0.144% | — | $1.6M | — | as long as short |
Kraken Futures PF_LAYERUSD
Hyperliquid LAYER
Binance LAYERUSDT
OKX LAYER-USDT-SWAP
Gate LAYER_USDT
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 | 0.07650 | +0.052% | $26K | $184K | 50x | as long as short |
| Extended LAYER-USD | +0.0104% | 1h | 0.07650 | +0.046% | $2K | $174K | 5x | as long as short |
| BloFin LAYER-USDT | +0.0139% | 4h | 0.07652 | +0.078% | $113K | $12K | 50x | as long as short |
ApeX Omni LAYERUSDT
Extended LAYER-USD
BloFin LAYER-USDT