Funding you earn now, next payment 03:00 UTC+0.0403%/8h= +44.1% APRpaid last 24h +0.048%
Price spread now: Coinbase International against Aster+0.956%54s7-day average +0.221% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2001.997% of the position
Funding, last 5 days (all we have)+0.416%+$42 on $10k
+Price spread, last 4 days (all we have)−1.492%−$149 · spread now +0.956%, 7d avg +0.221%
=Together, before fees−1.076%+ Points / potential airdropAster: Stage 5 · farm board−$108 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Coinbase International is 0.734% dearer against Aster than usual: you sell high and buy low: +$73 more if the spread goes back to its 7-day average of +0.221%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster RENDERUSDT | 1.8721 | 0.0317 | pay 0.0159% / 4h | 58m 30s | $271K | $144K | 20x |
| Short | Coinbase International RENDER-PERP-INTX | 1.8900 | 0.0720 | get 0.0090% / 1h | 58m 30s | $155K | $57K | 50x |
Aster RENDERUSDT
Coinbase International RENDER-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $84.58
- Price spread: +0.956% → +0.221%
- $73.44
- Slippage, 4 orders
- −$181.67
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$41.65
- Costs to cover
- 1.997%
- Break-even
- 10.4 days
Slippage from Aster: live order book, 63 min ago; Coinbase International: live order book, 64 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, 63 min ago | 10.81 bp | 26.4 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 64 min ago | 16.22 bp | 76.3 bp −$76 | doesn't fit | doesn't fit | 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 | 1.8650 | −0.379% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8697 | −0.129% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8677 | −0.235% | $11K | $30K | 25x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8668 | −0.283% | $12.5M | $47.0M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8650 | −0.379% | $11.9M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8670 | −0.273% | $3.2M | $8.2M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8702 | −0.102% | $571K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8650 | −0.379% | $13.8M | $11.1M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8660 | −0.326% | $5.1M | $11.8M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8664 | −0.305% | $10.2M | $10.8M | 50x | as long as short |
Injective RENDER/USDC PERP
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
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-USDT | +0.0100% | 4h | 1.8680 | −0.219% | — | $3.6M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8641 | −0.427% | $265K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8674 | −0.251% | $42K | $253K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8680 | −0.219% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8687 | −0.183% | $27K | $200K | 10x | as long as short |
| Phoenix RENDER | +0.0259% | 1h | 1.8684 | −0.198% | $48K | $242K | 5x | as long as short |
| Aster RENDERUSDTlong | +0.0317% | 4h | 1.8721 | long leg | $271K | $144K | 20x | |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8690 | −0.166% | $594K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0367% / S −0.0912% | 1h | 1.8646 | −0.400% | $16K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0605% | 1h | 1.8683 | −0.203% | $4.2M | $3.2M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTXshort | +0.0720% | 1h | 1.8900 | +0.956% | $155K | $57K | 50x | |
| Kraken Futures PF_RENDERUSD | +0.1257% | 1h | 1.8704 | −0.091% | $486K | $1.1M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD