Funding you earn now, next payment 04:00 UTC−0.0213%/8h= −23.3% APRpaid last 24h 0.000%
Price spread now: Extended against Aster−0.231%7-day average −0.098% · 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−$108as in the Price arb table
costs, in and out, $10k−$950.950% of the position
Funding, last 5 days (all we have)+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.190%+$19 · spread now −0.231%, 7d avg −0.098%
=Together, before fees+0.191%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.133% cheaper against Aster than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.098%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.001% in total (about 0.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster RENDERUSDT | 1.8730 | 0.0317 | pay 0.0159% / 4h | 58m 40s | $271K | $144K | 20x |
| Short | Extended RENDER-USD | 1.8687 | 0.0104 | get 0.0013% / 1h | 58m 40s | $27K | $200K | 10x |
Aster RENDERUSDT
Extended RENDER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$44.78
- Price spread: −0.231% → −0.098%
- −$13.3
- Slippage, 4 orders
- −$81.96
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$153.03
- Costs to cover
- 0.950%
- Break-even
- never at this rate
Slippage from Aster: live order book, 63 min ago; Extended: live order book, 63 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 Extended live order book, 63 min ago | 11.63 bp | 21.9 bp −$22 | 58.6 bp −$586 | 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 | −0.427% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8697 | −0.177% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8677 | −0.283% | $11K | $30K | 25x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8710 | −0.107% | $12.5M | $47.0M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8672 | −0.310% | $11.9M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8690 | −0.214% | $3.2M | $8.3M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8702 | −0.149% | $571K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8700 | −0.160% | $13.8M | $11.1M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8710 | −0.107% | $5.1M | $11.8M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8696 | −0.182% | $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 | 1.8690 | −0.214% | — | $3.6M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8641 | −0.474% | $265K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8674 | −0.299% | $42K | $253K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8680 | −0.267% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USDshort | +0.0104% | 1h | 1.8687 | −0.231% | $27K | $200K | 10x | |
| Phoenix RENDER | +0.0259% | 1h | 1.8684 | −0.246% | $48K | $242K | 5x | as long as short |
| Aster RENDERUSDTlong | +0.0317% | 4h | 1.8730 | long leg | $271K | $144K | 20x | |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8690 | −0.214% | $594K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0367% / S −0.0912% | 1h | 1.8660 | −0.375% | $16K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8900 | +0.908% | $155K | $57K | 50x | as long as short |
| Hyperliquid RENDER | +0.0774% | 1h | 1.8739 | +0.048% | $4.2M | $3.2M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1257% | 1h | 1.8704 | −0.138% | $486K | $1.1M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD