Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Gate against Extended+0.170%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$335as in the Price arb table
costs, in and out, $10k−$3463.465% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.170%, 7d avg +0.051%
=Together, before fees−0.121%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.120% dearer against Extended than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended LAYER-USD | 0.07667 | 0.0104 | pay 0.0013% / 1h | 30m 07s | $2K | $171K | 5x |
| Short | Gate LAYER_USDT | 0.07680 | 0.0100 | get 0.0050% / 4h | 2h 30m | $136K | $48K | 20x |
Extended LAYER-USD
Gate LAYER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$0.84
- Price spread: +0.170% → +0.051%
- $11.96
- Slippage, 4 orders
- −$326.48
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$335.36
- Costs to cover
- 3.465%
- Break-even
- never at this rate
Slippage from Extended: live order book, 36 min ago; Gate: live order book, 30 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 Extended live order book, 36 min ago | 3.77 bp | 45.1 bp −$45 | 338.2 bp −$3,382 | doesn't fit | doesn't fit |
| Sell Gate live order book, 30 min ago | 13.71 bp | 105.5 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
LAYER on 12 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 | −0.0745% | 1h | 0.07676 | +0.120% | $8K | $54 | 10x | as long as short |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −5.125% | — | $18K | 5.5x | as long as short |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07689 | +0.286% | $598K | $167K | 3x | as long as short |
| Aster LAYERUSDT | +0.0100% | 4h | 0.07677 | +0.128% | $9K | $4K | 5x | as long as short |
| Binance LAYERUSDT | +0.0100% | 4h | 0.07673 | +0.079% | $2.1M | $2.6M | 50x | as long as short |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07668 | +0.014% | $725K | $724K | 20x | as long as short |
| Gate LAYER_USDTshort | +0.0100% | 4h | 0.07680 | +0.170% | $136K | $48K | 20x | |
| MEXC LAYER_USDT | +0.0100% | 4h | 0.07670 | +0.040% | $340K | $120K | 20x | as long as short |
| Bitget LAYERUSDT | +0.0100% | 4h | 0.07676 | +0.118% | $1.1M | $171K | 50x | as long as short |
| BingX LAYER-USDT | +0.0100% | 4h | 0.07679 | +0.157% | — | $1.6M | — | as long as short |
Kraken Futures PF_LAYERUSD
Injective LAYER/USDC PERP
Hyperliquid LAYER
Aster LAYERUSDT
Binance LAYERUSDT
OKX LAYER-USDT-SWAP
MEXC LAYER_USDT
Bitget LAYERUSDT
BingX LAYER-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni LAYERUSDT | +0.0100% | 1h | 0.07670 | +0.040% | $26K | $184K | 50x | as long as short |
| Extended LAYER-USDlong | +0.0104% | 1h | 0.07667 | long leg | $2K | $171K | 5x |
ApeX Omni LAYERUSDT