After costs, if the gap returns to its 7d average, $10k−$61
spread now+0.211%7d average+0.043%fees + slippage, in and out−$78spread needed0.778%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LAYER-USDT | 0.07577 | 0.0052 | pay 0.0026% / 4h | 1h 08m | $116K | $12K | 50x |
| Short | BingX LAYER-USDT | 0.07593 | 0.0100 | get 0.0050% / 4h | 1h 08m | — | $1.6M | — |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $21.12
- Funding while held
- $1.45
- Slippage, 4 orders
- −$55.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$55.22
- Spread needed to break even
- 0.778%
Slippage from BloFin: live order book, 9 min ago; BingX: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0048%
- Per $10,000 a day
- +$1.45
- Average in range /8h
- —
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, 9 min ago | 1.98 bp | 13.3 bp −$13 | 53.0 bp −$530 | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 5.28 bp | 20.9 bp −$21 | 81.5 bp −$815 | 537.0 bp −$53.7K | 796.7 bp −$398.4K |
LAYER price on every exchange
against the cheapest. Click to use as the short leg.LAYER on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective LAYER/USDC PERP | −3.999% | +0.0033% | 1h | — | $34K | 5.5x | as long as short |
| BloFin LAYER-USDTlong | 0.000% | +0.0052% | 4h | $116K | $12K | 50x | |
| ApeX Omni LAYERUSDT | +0.040% | +0.0100% | 1h | $25K | $192K | 50x | as long as short |
| Bitget LAYERUSDT | +0.053% | +0.0100% | 4h | $1.1M | $159K | 50x | as long as short |
| Gate LAYER_USDT | +0.066% | +0.0100% | 4h | $136K | $54K | 20x | as long as short |
| Aster LAYERUSDT | +0.071% | +0.0100% | 4h | $9K | $2K | 5x | as long as short |
| OKX LAYER-USDT-SWAP | +0.106% | +0.0100% | 4h | $699K | $669K | 20x | as long as short |
| Extended LAYER-USD | +0.137% | +0.0104% | 1h | $2K | $174K | 5x | as long as short |
| Binance LAYERUSDT | +0.145% | +0.0100% | 4h | $2.0M | $2.3M | 50x | as long as short |
| MEXC LAYER_USDT | +0.158% | +0.0100% | 4h | $349K | $115K | 20x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX LAYER-USDTshort | +0.211% | +0.0100% | 4h | — | $1.6M | — | |
| Kraken Futures PF_LAYERUSD | +0.235% | −0.0621% | 1h | $8K | $964 | 10x | as long as short |
| Hyperliquid LAYER | +0.278% | +0.0100% | 1h | $586K | $169K | 3x | as long as short |
BloFin LAYER-USDT
BingX LAYER-USDT
Injective
ApeX Omni
Bitget
Gate
Aster
OKX
Extended
Binance
MEXC
Kraken Futures
Hyperliquid