Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget−0.013%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$441as in the Funding arb table
Net, price: spread back to 7d avg − costs−$437as in the Price arb table
costs, in and out, $10k−$4374.374% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.013%, 7d avg −0.016%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LAYERUSDT | 0.07653 | 0.0100 | pay 0.0050% / 4h | 35m 14s | $1.1M | $165K | 50x |
| Short | Gate LAYER_USDT | 0.07652 | 0.0100 | get 0.0050% / 4h | 35m 14s | $136K | $55K | 20x |
Bitget LAYERUSDT
Gate LAYER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.013% → −0.016%
- $0.34
- Slippage, 4 orders
- −$410.44
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$437.1
- Costs to cover
- 4.374%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 35 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, 1 min ago | 9.14 bp | 28.3 bp −$28 | 169.2 bp −$1,692 | doesn't fit | doesn't fit |
| Sell Gate live order book, 35 min ago | 11.15 bp | 90.3 bp −$90 | doesn't fit | 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 | −0.0547% | 1h | 0.07656 | +0.040% | $8K | $964 | 10x | as long as short |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −4.952% | — | $18K | 5.5x | as long as short |
| BloFin LAYER-USDT | +0.0083% | 4h | 0.07655 | +0.026% | $113K | $12K | 50x | as long as short |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07666 | +0.167% | $591K | $166K | 3x | as long as short |
| Aster LAYERUSDT | +0.0100% | 4h | 0.07643 | −0.126% | $9K | $2K | 5x | as long as short |
| Binance LAYERUSDT | +0.0100% | 4h | 0.07649 | −0.055% | $2.1M | $2.4M | 50x | as long as short |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07647 | −0.078% | $705K | $667K | 20x | as long as short |
| Gate LAYER_USDTshort | +0.0100% | 4h | 0.07652 | −0.013% | $136K | $55K | 20x | |
| MEXC LAYER_USDT | +0.0100% | 4h | 0.07650 | −0.039% | $339K | $115K | 20x | as long as short |
| Bitget LAYERUSDTlong | +0.0100% | 4h | 0.07653 | long leg | $1.1M | $165K | 50x |
Kraken Futures PF_LAYERUSD
Injective LAYER/USDC PERP
BloFin LAYER-USDT
Hyperliquid LAYER
Aster LAYERUSDT
Binance LAYERUSDT
OKX LAYER-USDT-SWAP
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 | 0.07658 | +0.065% | — | $1.6M | — | as long as short |
| ApeX Omni LAYERUSDT | +0.0100% | 1h | 0.07650 | −0.039% | $26K | $184K | 50x | as long as short |
| Extended LAYER-USD | +0.0104% | 1h | 0.07642 | −0.144% | $2K | $174K | 5x | as long as short |
BingX LAYER-USDT
ApeX Omni LAYERUSDT
Extended LAYER-USD