Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.052%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1081.076% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now −0.052%, 7d avg −0.050%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LAYERUSDT | 0.07641 | 0.0100 | pay 0.0050% / 4h | 24m 03s | $1.1M | $106K | 50x |
| Short | Binance LAYERUSDT | 0.07637 | 0.0100 | get 0.0050% / 4h | 24m 03s | $2.1M | $2.2M | 50x |
Bitget LAYERUSDT
Binance LAYERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $0
- Price spread: −0.052% → −0.050%
- −$0.24
- Slippage, 4 orders
- −$85.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$107.82
- Costs to cover
- 1.076%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 10 min ago.
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 Bitget live order book, 2 min ago | 9.81 bp | 31.4 bp −$31 | 194.0 bp −$1,940 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 2.61 bp | 25.1 bp −$25 | 91.8 bp −$918 | doesn't fit | doesn't fit |
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 | −0.0147% | 1h | 0.07648 | +0.089% | $8K | $54 | 10x | as long as short |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −4.803% | — | $18K | 5.5x | as long as short |
| BloFin LAYER-USDT | +0.0094% | 4h | 0.07653 | +0.157% | $114K | $15K | 50x | as long as short |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07650 | +0.119% | $589K | $160K | 3x | as long as short |
| Aster LAYERUSDT | +0.0100% | 4h | 0.07646 | +0.062% | $9K | $4K | 5x | as long as short |
| Binance LAYERUSDTshort | +0.0100% | 4h | 0.07637 | −0.052% | $2.1M | $2.2M | 50x | |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07637 | −0.052% | $711K | $604K | 20x | as long as short |
| Gate LAYER_USDT | +0.0100% | 4h | 0.07652 | +0.144% | $141K | $38K | 20x | as long as short |
| MEXC LAYER_USDT | +0.0100% | 4h | 0.07637 | −0.052% | $396K | $133K | 20x | as long as short |
| Bitget LAYERUSDTlong | +0.0100% | 4h | 0.07641 | long leg | $1.1M | $106K | 50x |
Kraken Futures PF_LAYERUSD
Injective LAYER/USDC PERP
BloFin LAYER-USDT
Hyperliquid LAYER
Aster LAYERUSDT
OKX LAYER-USDT-SWAP
Gate LAYER_USDT
MEXC LAYER_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LAYER-USDT | +0.0100% | 4h | 0.07642 | +0.013% | — | $1.6M | — | as long as short |
| ApeX Omni LAYERUSDT | +0.0100% | 1h | 0.07650 | +0.118% | $16K | $192K | 50x | as long as short |
| Extended LAYER-USD | +0.0104% | 1h | 0.07635 | −0.080% | $252 | $216K | 5x | as long as short |
BingX LAYER-USDT
ApeX Omni LAYERUSDT
Extended LAYER-USD