Funding arb · Price arb / Crypto
RENDER
All RENDER markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.7031 | +0.0100 | pay 0.0050% / 4h | 2h 29m | $11.3M | $17.4M | 75x | Long Binance | |
| SHORT | 1.7010 | +0.0100 | get 0.0013% / 1h | 29m 50s | $133K | $82K | 50x | Short TxFlow5% off |
Price gap−0.123%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$6 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$200.0000% /8h now · paid −0.196% over the last 7D
Price+$6spread −0.123% now, avg −0.179% → +0.057% if it goes back
Costs−$420.418% of $10k · taker + slippage, in and out
Result−$56−0.56%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.123%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hRENDER on 25 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size15.1 / 7.5 bpAt $10k entering Binance costs 15.1 bp, fee and slippage, 2.0× TxFlow’s.
- Note: Margin at max leverage$133 + $200Binance 75x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 6 payments, −$3.00; short TxFlow: 24 payments, +$3.00.
- OK: Entry gap works for you−0.123% vs −0.179%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$133K vs $11.3M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBinance Yes · TxFlow NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0094%/8h × 21 periods−$19.65
Price spread−0.123% → −0.179% (7d avg)+$5.66
Slippage, 4 orderslive order books−$22.78
Fee Binance bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$55.77
Costs to cover0.418%Break-evennever at this rate
Slippage: Binance: live order book, 5 min ago; TxFlow: live order book, 61 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance2.9215.1 bp−$1527.2 bp−$272112.6 bp−$11.3Kdoesn’t fit
SELL · SHORTTxFlow2.967.5 bp−$715.9 bp−$159121.7 bp−$12.2Kdoesn’t fit
Closing costs about the same again.
| 09-24 20:07 | OKX | Product | New X Drops Club is live in Europe. Trade $SOL, $ZEC, $NEAR, $ENA, $SUI, $ONDO, $CARDS, $AVAX, $ZAMA or $RENDER for a share of 1,200 $OKB, worth around $150K. Pick your market. Chase the drop. @okx on X ↗ |
| 09-24 19:59 | OKX | Product | New X Drops Club is live in Europe. Trade $SOL, $ZEC, $NEAR, $ENA, $SUI, $ONDO, $CARDS, $AVAX, $ZAMA or $RENDER for a share of 1,125 $OKB, worth around $150K. Pick your market. Chase the drop. @okx on X ↗ |
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