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

LAYER

all LAYER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate−0.013%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$258as in the Price arb table
costs, in and out, $10k−$2602.597% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.013%, 7d avg −0.030%
Together, before fees−0.046%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LAYER_USDT0.076610.0100pay 0.0050% / 4h0m 34s$141K$38K20x
ShortMEXC LAYER_USDT0.076600.0100get 0.0050% / 4h0m 34s$402K$136K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
Price spread: −0.013% → −0.030%
$1.73
Slippage, 4 orders
−$244.71
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 0 bp × 2 orders
$0
Net
−$257.98
Costs to cover
2.597%
Break-even
never at this rate
Slippage from Gate: live order book, 30 min ago; MEXC: live order book, 20 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 Gate live order book, 30 min ago10.44 bp130.4 bp −$130doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 20 min ago2.62 bp17.3 bp −$1749.2 bp −$492170.7 bp −$17.1Kdoesn'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−0.0147%1h0.07663+0.024%$8K$5410xas long as short
Injective LAYER/USDC PERP+0.0033%1h0.07274−5.052%$18K5.5xas long as short
BloFin LAYER-USDT+0.0057%4h0.07653−0.104%$112K$15K50xas long as short
Hyperliquid LAYER+0.0100%1h0.07670+0.124%$590K$156K3xas long as short
Aster LAYERUSDT+0.0100%4h0.07660−0.017%$9K$4K5xas long as short
Binance LAYERUSDT+0.0100%4h0.07662+0.013%$2.1M$2.1M50xas long as short
OKX LAYER-USDT-SWAP+0.0100%4h0.07654−0.091%$712K$570K20xas long as short
Gate LAYER_USDTlong+0.0100%4h0.07661long leg$141K$38K20x
MEXC LAYER_USDTshort+0.0100%4h0.07660−0.013%$402K$136K20x
Bitget LAYERUSDT+0.0100%4h0.07662+0.013%$1.1M$99K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LAYER-USDT+0.0100%4h0.07664+0.039%$1.6Mas long as short
ApeX Omni LAYERUSDT+0.0100%1h0.07650−0.144%$16K$192K50xas long as short
Extended LAYER-USD+0.0104%1h0.07660−0.014%$2K$216K5xas long as short