Funding you earn now, next payment 06:00 UTC+0.0135%/8h= +14.7% APRpaid last 24h −0.195%
Price spread now: Injective against Aster−0.113%7-day average −0.223% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)−0.358%−$36 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.113%, 7d avg −0.223%
=Together, before fees−0.178%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 0.110% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.223%. Mind the row above: over the last 6 days funding on this pair cost −0.358%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster RENDERUSDT | 1.7970 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $267K | $175K | 20x |
| Short | Injective RENDER/USDC PERP | 1.7950 | 0.0235 | get 0.0029% / 1h | 32m 51s | $11K | $194K | 12x |
Aster RENDERUSDT
Injective RENDER/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $28.25
- Price spread: −0.113% → −0.223%
- $11.01
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $31.23
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Aster: live order book, 14 min ago; Injective: live order book, 31 min ago. Net counts fees only.
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, 14 min ago | 11.04 bp | 32.6 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective live order book, 31 min ago | 46.56 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.7927 | −0.241% | $18K | $37K | 25x | as long as short |
| dYdX RENDER-USD | +0.0020% | 1h | 1.7917 | −0.296% | $18K | $32K | 5x | as long as short |
| Aster RENDERUSDTlong | +0.0100% | 4h | 1.7970 | long leg | $267K | $175K | 20x | |
| Binance RENDERUSDT | +0.0100% | 4h | 1.7949 | −0.119% | $11.7M | $47.5M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.7930 | −0.224% | $11.5M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.7950 | −0.113% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.7934 | −0.202% | $520K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.7940 | −0.168% | $11.3M | $11.2M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.7960 | −0.057% | $4.8M | $11.0M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.7960 | −0.057% | $9.7M | $10.7M | 50x | as long as short |
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-USDT | +0.0100% | 4h | 1.7950 | −0.113% | — | $5.2M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.7952 | −0.100% | $255K | $314K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8034 | +0.355% | $40K | $250K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.7960 | −0.057% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.7945 | −0.139% | $26K | $194K | 10x | as long as short |
| Injective RENDER/USDC PERPshort | +0.0235% | 1h | 1.7950 | −0.113% | $11K | $194K | 12x | |
| Phoenix RENDER | +0.0264% | 1h | 1.7932 | −0.213% | $46K | $334K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.7930 | −0.224% | $606K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0360% / S −0.0906% | 1h | 1.7924 | −0.257% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0584% | 1h | 1.8080 | +0.611% | $150K | $60K | 50x | as long as short |
| Hyperliquid RENDER | +0.0628% | 1h | 1.7957 | −0.074% | $4.0M | $3.3M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1248% | 1h | 1.7961 | −0.051% | $462K | $1.2M | 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]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD