LAYER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.004%

Price spread now: Aster against BloFin−0.158%92s7-day average — · you buy dearer than you sell

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

Long on BloFin 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.158% cheaper against BloFin than usual: you would sell low and buy high, −$16 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LAYER-USDT	0.07671	0.0104	pay 0.0052% / 4h	51m 42s	$116K	$16K	50x
Short	Aster LAYERUSDT	0.07659	0.0100	get 0.0050% / 4h	51m 42s	$9K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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

Position, each leg$Hold fordaysFee BloFinbpFee AsterbpOrdersPrice spread, now −0.158%Rate

Funding earned: −$0.9
Price spread: −0.158% → 0.000%: −$15.82
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$36.72
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 44 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 BloFin live order book, 44 min ago	0.65 bp	19.8 bp −$20	87.1 bp −$871	doesn't fit	doesn't fit
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	−0.0511%	1h	0.07647	−0.308%	$8K	$54	10x	as long as short
Injective LAYER/USDC PERP	+0.0033%	1h	0.07274	−5.175%	—	$18K	5.5x	as long as short
Hyperliquid LAYER	+0.0100%	1h	0.07655	−0.214%	$595K	$166K	3x	as long as short
Aster LAYERUSDTshort	+0.0100%	4h	0.07659	−0.158%	$9K	$4K	5x
Binance LAYERUSDT	+0.0100%	4h	0.07646	−0.326%	$2.1M	$2.6M	50x	as long as short
OKX LAYER-USDT-SWAP	+0.0100%	4h	0.07635	−0.469%	$716K	$735K	20x	as long as short
Gate LAYER_USDT	+0.0100%	4h	0.07663	−0.104%	$138K	$46K	20x	as long as short
MEXC LAYER_USDT	+0.0100%	4h	0.07644	−0.352%	$339K	$116K	20x	as long as short
Bitget LAYERUSDT	+0.0100%	4h	0.07651	−0.261%	$1.1M	$168K	50x	as long as short
BingX LAYER-USDT	+0.0100%	4h	0.07647	−0.313%	—	$1.6M	—	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	0.07640	−0.404%	$16K	$191K	50x	as long as short
Extended LAYER-USD	+0.0104%	1h	0.07640	−0.404%	$5K	$170K	5x	as long as short
BloFin LAYER-USDTlong	+0.0104%	4h	0.07671	long leg	$116K	$16K	50x