LAYER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.36 per $10,000 · paid last 24h −0.003%

Price spread now: Aster against BingX−0.103%7-day average — · you buy dearer than you sell

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

Long on BingX Short on Aster

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

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.103% cheaper against BingX than usual: you would sell low and buy high (−$10 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	BingX LAYER-USDT	0.07636	0.0172	pay 0.0086% / 4h	1h 51m	—	$1.6M	—
Short	Aster LAYERUSDT	0.07628	0.0100	get 0.0050% / 4h	1h 51m	$9K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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 BingXbpFee AsterbpOrdersPrice spread, now −0.103%Rate

Funding earned: −$15.12
Price spread: −0.103% → 0.000%: −$10.29
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$43.41
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 9 min ago; Aster: 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 BingX live order book, 9 min ago	5.24 bp	23.2 bp −$23	105.2 bp −$1,052	546.0 bp −$54.6K	746.5 bp −$373.3K
Sell Aster no order-book sample	—	—	—	—	—

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	−0.0448%	1h	0.07633	−0.043%	$8K	$964	10x	as long as short
Injective LAYER/USDC PERP	+0.0033%	1h	0.07274	−4.741%	—	$18K	5.5x	as long as short
BloFin LAYER-USDT	+0.0044%	4h	0.07631	−0.065%	$113K	$12K	50x	as long as short
Hyperliquid LAYER	+0.0100%	1h	0.07640	+0.058%	$587K	$162K	3x	as long as short
Aster LAYERUSDTshort	+0.0100%	4h	0.07628	−0.103%	$9K	$2K	5x
Binance LAYERUSDT	+0.0100%	4h	0.07629	−0.095%	$2.1M	$2.3M	50x	as long as short
OKX LAYER-USDT-SWAP	+0.0100%	4h	0.07627	−0.118%	$699K	$654K	20x	as long as short
Gate LAYER_USDT	+0.0100%	4h	0.07635	−0.013%	$137K	$54K	20x	as long as short
MEXC LAYER_USDT	+0.0100%	4h	0.07629	−0.092%	$352K	$112K	20x	as long as short
Bitget LAYERUSDT	+0.0100%	4h	0.07634	−0.026%	$1.1M	$163K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni LAYERUSDT	+0.0100%	1h	0.07630	−0.079%	$26K	$185K	50x	as long as short
Extended LAYER-USD	+0.0104%	1h	0.07628	−0.111%	$2K	$174K	5x	as long as short
BingX LAYER-USDTlong	+0.0172%	4h	0.07636	long leg	—	$1.6M	—