LAYER funding rates

LAYER perpetual funding across 7 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-12 05:36 UTC · refreshed every 5 min

Best pair · 7d: 7.1%long Aster, short Bitget · net 1.9%
Highest funding now: 11.4%Extended
Lowest funding now: 10.9%Hyperliquid
Listed on: 7 venues

Funding by venue

													Open
Extended	LAYER-USD	11.4%	11.4%	10.3%	10.7%	10.1%	96%	1h	06:00	0.07535	$3k	$138k	ExExtended
Hyperliquid	LAYER	10.9%	6.5%	9.7%	10.6%	10.2%	96%	1h	—	0.07546	$482k	$150k	HyHyperliquid
Aster	LAYERUSDT	10.9%	5.1%	3.8%	5.5%	3.6%	83%	4h	08:00	0.07541	$6k	$4k	AsAster
BinanceCEX	LAYERUSDT	10.9%	10.9%	10.0%	10.6%	9.8%	96%	4h	08:00	0.07544	$2.1M	$2.3M	BnBinance
BitgetCEX	LAYERUSDT	10.9%	10.9%	10.9%	10.9%	10.9%	100%	4h	08:00	0.07542	$1.1M	$138k	BgBitget
GateCEX	LAYER_USDT	10.9%	10.9%	10.7%	10.2%	10.7%	100%	4h	08:00	0.07543	$133k	$38k	GtGate
MEXCCEX	LAYER_USDT	10.9%	10.9%	10.2%	10.4%	10.1%	98%	4h	08:00	0.07541	$231k	$114k	MxMEXC

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
											Flags	Open	Calc
		Spread APR				After taker fees			Quality
Aster	MEXCCEX	0.0%	5.8%	6.4%	5.0%	3.3%	4.9%	6.8d	cooling	$6k	low OI	As Mx	calc
Aster	Extended	0.4%	6.2%	6.5%	5.2%	3.1%	4.6%	7.3d	steady	$3k	low OI4h/1h	As Ex	calc
Aster	BitgetCEX	0.0%	5.8%	7.1%	5.5%	1.9%	2.9%	10d	cooling	$6k	low OI	As Bg	calc
Aster	BinanceCEX	0.0%	5.8%	6.2%	3.5%	1.5%	2.2%	11d	cooling	$6k	low OI	As Bn	calc
Aster	Hyperliquid	0.0%	1.4%	5.8%	5.2%	1.4%	2.1%	11d	cooling	$6k	low OI4h/1h	As Hy	calc
Aster	GateCEX	0.0%	5.8%	6.9%	4.8%	0.9%	1.4%	12d	cooling	$6k	low OI	As Gt	calc
Hyperliquid	MEXCCEX	0.0%	4.5%	0.6%	−0.2%	−2.8%	−4.2%	82d	weak	$231k	1h/4h	Hy Mx	calc
BinanceCEX	MEXCCEX	0.0%	0.0%	0.3%	0.1%	−3.4%	−5.1%	188d	weak	$231k		Bn Mx	calc
MEXCCEX	BitgetCEX	0.0%	0.0%	0.7%	0.5%	−3.5%	−5.2%	82d	weak	$231k		Mx Bg	calc
Hyperliquid	BitgetCEX	0.0%	4.5%	1.3%	0.3%	−4.2%	−6.3%	59d	weak	$482k	1h/4h	Hy Bg	calc
MEXCCEX	GateCEX	0.0%	0.0%	0.5%	−0.2%	−4.5%	−6.7%	141d	weak	$133k		Mx Gt	calc
MEXCCEX	Extended	0.4%	0.4%	0.0%	0.3%	−2.3%	−3.4%	700d	weak	$3k	low OI4h/1h	Mx Ex	calc
Hyperliquid	BinanceCEX	0.0%	4.5%	0.3%	0.0%	−4.6%	−7.0%	225d	weak	$482k	1h/4h	Hy Bn	calc
BinanceCEX	BitgetCEX	0.0%	0.0%	1.0%	0.3%	−4.7%	−7.1%	81d	weak	$1.1M		Bn Bg	calc
Hyperliquid	GateCEX	0.0%	4.5%	1.1%	−0.4%	−5.2%	−7.8%	82d	weak	$133k	1h/4h	Hy Gt	calc
BinanceCEX	GateCEX	0.0%	0.0%	0.8%	0.0%	−5.8%	−8.6%	120d	weak	$133k		Bn Gt	calc
Hyperliquid	Extended	0.4%	4.9%	0.6%	0.0%	−3.0%	−4.5%	81d	weak	$3k	low OI	Hy Ex	calc
GateCEX	BitgetCEX	0.0%	0.0%	0.2%	0.7%	−6.8%	−10.2%	440d	weak	$133k		Gt Bg	calc
BinanceCEX	Extended	0.4%	0.4%	0.3%	0.4%	−3.6%	−5.4%	172d	weak	$3k	low OI4h/1h	Bn Ex	calc
BitgetCEX	Extended	0.4%	0.4%	−0.7%	−0.3%	−5.1%	−7.6%	—	weak	$3k	low OI4h/1h	Bg Ex	calc
GateCEX	Extended	0.4%	0.4%	−0.4%	0.5%	−5.7%	−8.5%	—	weak	$3k	low OI4h/1h	Gt Ex	calc
Extended	BitgetCEX	−0.4%	−0.4%	0.7%	0.3%	−3.8%	−5.6%	93d	mixed	$3k	low OI1h/4h	Ex Bg	calc
Extended	GateCEX	−0.4%	−0.4%	0.4%	−0.5%	−4.8%	−7.2%	165d	mixed	$3k	low OI1h/4h	Ex Gt	calc

What the columns and badges mean

now: Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h: Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d: Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d: Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend: Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR: 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital: Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven: Days of 7d-average funding needed to pay back open+close taker fees.
Min OI: Smaller open interest of the two legs, USD.
steady: Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike: The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed: The spread was negative too often: not negative in only X% of hours over 7 days.
new: Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak: Prior-week spread under 5% APR: too small to call steady.
cooling: The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?: Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale: At least one leg has not updated for over 30 minutes.
low OI: Open interest under $50k on at least one leg — size carefully.
8h/1h: Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi: Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only: Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.: A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX: Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 05:36 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Extended at 0.0753497, sell on Hyperliquid at 0.075457: 0.142% before fees, 0.002% after taker fees.

LAYER: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	Hyperliquid0.075457	Binance0.0754402	Gate0.07543	Bitget0.07542	Aster0.0754133	MEXC0.07541	Extended0.0753497
Extended0.0753497	0.142%	0.120%	0.107%	0.093%	0.084%	0.080%	—
MEXC0.07541	0.062%	0.040%	0.027%	0.013%	0.004%	—	−0.080%
Aster0.0754133	0.058%	0.036%	0.022%	0.009%	—	−0.004%	−0.084%
Bitget0.07542	0.049%	0.027%	0.013%	—	−0.009%	−0.013%	−0.093%
Gate0.07543	0.036%	0.013%	—	−0.013%	−0.022%	−0.027%	−0.107%
Binance0.0754402	0.022%	—	−0.013%	−0.027%	−0.036%	−0.040%	−0.120%
Hyperliquid0.075457	—	−0.022%	−0.036%	−0.049%	−0.058%	−0.062%	−0.142%

All quotes (7)

Venue	Bid	Ask	Quality	Age	Vol 24h	Flags
Aster	0.0754133	0.0754133	mark	5m	$4k	no FX
BinanceCEX	0.0754402	0.0754402	mark	5m	$2.3M	no FX
BitgetCEX	0.07542	0.07542	mark	5m	$138k	no FX
Extended	0.0753497	0.0753497	mark	5m	$138k
GateCEX	0.07543	0.07543	mark	5m	$38k	no FX
Hyperliquid	0.075457	0.075457	mark	5m	$150k
MEXCCEX	0.07541	0.07541	mark	5m	$114k	no FX

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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