Settings8H · net · $10k
Funding arb · Price arb /

LAYER

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h +0.002%
Price spread now: ApeX Omni against BloFin+0.065%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1441.442% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.065%, 7d avg +0.046%
Together, before fees−0.008%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LAYER-USDT0.077250.0104pay 0.0052% / 4h3h 02m$113K$9K50x
ShortApeX Omni LAYERUSDT0.077300.0100get 0.0013% / 1h2m 34s$14K$193K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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

Funding earned
−$0.93
Price spread: +0.065% → +0.046%
$1.86
Slippage, 4 orders
−$122.17
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$143.23
Costs to cover
1.442%
Break-even
never at this rate
Slippage from BloFin: live order book, 53 min ago; ApeX Omni: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 53 min ago2.61 bp22.7 bp −$2378.2 bp −$782doesn't fitdoesn't fit
Sell ApeX Omni live order book, 29 min ago19.62 bp55.7 bp −$56doesn't fitdoesn't fitdoesn't fit

LAYER on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_LAYERUSD−0.0942%1h0.07744+0.243%$8K$5410xas long as short
Injective LAYER/USDC PERP+0.0033%1h0.07274−5.838%$18K5.5xas long as short
Hyperliquid LAYER+0.0100%1h0.07748+0.300%$596K$151K3xas long as short
Aster LAYERUSDT+0.0100%4h0.07734+0.121%$10K$4K5xas long as short
Binance LAYERUSDT+0.0100%4h0.07742+0.217%$2.1M$2.1M50xas long as short
OKX LAYER-USDT-SWAP+0.0100%4h0.07750+0.324%$741K$601K20xas long as short
MEXC LAYER_USDT+0.0100%4h0.07737+0.155%$405K$131K20xas long as short
Bitget LAYERUSDT+0.0100%4h0.07741+0.207%$1.1M$96K50xas long as short
BingX LAYER-USDT+0.0100%4h0.07757+0.414%$1.6Mas long as short
ApeX Omni LAYERUSDTshort+0.0100%1h0.07730+0.065%$14K$193K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended LAYER-USD+0.0104%1h0.07737+0.152%$3K$215K5xas long as short
BloFin LAYER-USDTlong+0.0104%4h0.07725long leg$113K$9K50x
Gate LAYER_USDT+0.0450%4h0.07753+0.362%$143K$37K20xas long as short