Funding you earn now, next payment 04:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.37 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against Aster−0.053%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1091.087% of the position
Funding, last 5 days (all we have)+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.053%, 7d avg −0.095%
=Together, before fees−0.011%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.042% dearer against Aster than usual: you sell high and buy low (spread −0.053% now, against its 7-day average of −0.095%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster RENDERUSDT | 1.8420 | 0.0173 | pay 0.0087% / 4h | 8m 44s | $269K | $153K | 20x |
| Short | BingX RENDER-USDT | 1.8410 | 0.0100 | get 0.0050% / 4h | 8m 44s | — | $3.5M | — |
Aster RENDERUSDT
BingX RENDER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aster. 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
- −$15.36
- Price spread: −0.053% → −0.095%
- $4.17
- Slippage, 4 orders
- −$90.72
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$119.91
- Costs to cover
- 1.087%
- Break-even
- never at this rate
Slippage from Aster: live order book, 48 min ago; BingX: live order book, 1 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 Aster live order book, 48 min ago | 10.66 bp | 44.2 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 5.43 bp | 14.8 bp −$15 | 22.4 bp −$224 | 63.3 bp −$6,331 | doesn't fit |
RENDER on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RENDER/USDC PERP | −0.0223% | 1h | 1.8530 | +0.598% | $12K | $194K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8424 | +0.023% | $12K | $31K | 25x | as long as short |
| dYdX RENDER-USD | +0.0062% | 1h | 1.8407 | −0.072% | $19K | $23K | 5x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8406 | −0.073% | $12.1M | $47.4M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8403 | −0.091% | $11.8M | $13.3M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8430 | +0.055% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8411 | −0.048% | $545K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8390 | −0.162% | $12.5M | $11.3M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8430 | +0.055% | $4.9M | $11.6M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8413 | −0.037% | $10.0M | $10.9M | 50x | as long as short |
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDTshort | +0.0100% | 4h | 1.8410 | −0.053% | — | $3.5M | — | |
| Variational Omni RENDER | +0.0100% | 4h | 1.8487 | +0.362% | $263K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8482 | +0.337% | $41K | $251K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8410 | −0.053% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8412 | −0.041% | $30K | $205K | 10x | as long as short |
| Aster RENDERUSDTlong | +0.0173% | 4h | 1.8420 | long leg | $269K | $153K | 20x | |
| Phoenix RENDER | +0.0299% | 1h | 1.8485 | +0.354% | $47K | $315K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8430 | +0.055% | $572K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0364% / S −0.0907% | 1h | 1.8420 | +0.001% | $15K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0592% | 1h | 1.8440 | +0.109% | $4.1M | $3.3M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8510 | +0.489% | $153K | $59K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1275% | 1h | 1.8442 | +0.119% | $480K | $1.1M | 50x | as long as short |
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD