Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.006%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now −0.006%, 7d avg −0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RENDERUSDT | 1.8301 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $12.2M | $46.1M | 75x |
| Short | MEXC RENDER_USDT | 1.8300 | 0.0100 | get 0.0050% / 4h | 2h 57m | $11.1M | $10.8M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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
- $0
- Price spread: −0.006% → −0.013%
- $0.65
- Slippage, 4 orders
- −$22.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$32.1
- Costs to cover
- 0.327%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; MEXC: live order book, 6 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 Binance live order book, 15 min ago | 2.68 bp | 12.3 bp −$12 | 26.6 bp −$266 | 161.3 bp −$16.1K | doesn't fit |
| Sell MEXC live order book, 6 min ago | 2.70 bp | 2.7 bp −$3 | 16.0 bp −$160 | 54.0 bp −$5,402 | 190.7 bp −$95.4K |
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 | −0.0344% | 1h | 1.8380 | +0.431% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8377 | +0.414% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8349 | +0.261% | $10K | $30K | 25x | as long as short |
| Variational Omni RENDER | +0.0055% | 4h | 1.8412 | +0.604% | $226K | $279K | — | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8364 | +0.345% | $266K | $142K | 20x | as long as short |
| Binance RENDERUSDTlong | +0.0100% | 4h | 1.8301 | long leg | $12.2M | $46.1M | 75x | |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8287 | −0.078% | $11.8M | $13.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8310 | +0.048% | $3.1M | $8.0M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8292 | −0.050% | $515K | $1.0M | 50x | as long as short |
| MEXC RENDER_USDTshort | +0.0100% | 4h | 1.8300 | −0.006% | $11.1M | $10.8M | 200x |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8300 | −0.006% | $4.9M | $12.2M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8311 | +0.054% | $9.8M | $10.5M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8300 | −0.006% | — | $3.9M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8441 | +0.764% | $46K | $269K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8360 | +0.321% | $1.8M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8297 | −0.021% | $28K | $201K | 10x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0168% | 1h | 1.8360 | +0.321% | $151K | $64K | 50x | as long as short |
| Phoenix RENDER | +0.0171% | 1h | 1.8384 | +0.453% | $47K | $297K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8340 | +0.212% | $587K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0363% / S −0.0912% | 1h | 1.8341 | +0.220% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0670% | 1h | 1.8363 | +0.340% | $473K | $1.0M | 50x | as long as short |
| Hyperliquid RENDER | +0.0973% | 1h | 1.8345 | +0.239% | $4.2M | $3.4M | 5x | as long as short |
Binance RENDERUSDT
MEXC RENDER_USDT
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
Variational Omni RENDER
Aster RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Coinbase International RENDER-PERP-INTX
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER