Funding you earn now, next payment 04:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.37 per $10,000 · paid last 24h +0.002%
Price spread now: Aster against BingX+0.005%7-day average +0.095% · 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−$118as in the Price arb table
costs, in and out, $10k−$1091.087% of the position
Funding, last 5 days (all we have)−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.005%, 7d avg +0.095%
=Together, before fees+0.059%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.090% cheaper against BingX than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.095%). If the spread goes back, that is −$9 on $10k: about 4.1 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RENDER-USDT | 1.8420 | 0.0100 | pay 0.0050% / 4h | 8m 54s | — | $3.5M | — |
| Short | Aster RENDERUSDT | 1.8421 | 0.0173 | get 0.0087% / 4h | 8m 54s | $269K | $153K | 20x |
BingX RENDER-USDT
Aster RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BingX. 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
- $15.36
- Price spread: +0.005% → +0.095%
- −$9
- Slippage, 4 orders
- −$90.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$102.36
- Costs to cover
- 1.087%
- Break-even
- 53.6 days
Slippage from BingX: live order book, 1 min ago; Aster: live order book, 48 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 BingX live order book, 1 min ago | 5.43 bp | 15.2 bp −$15 | 19.5 bp −$195 | 71.2 bp −$7,119 | 777.8 bp −$388.9K |
| Sell Aster live order book, 48 min ago | 10.66 bp | 34.5 bp −$34 | 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 | 1.8530 | +0.597% | $12K | $194K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8424 | +0.022% | $12K | $31K | 25x | as long as short |
| dYdX RENDER-USD | +0.0062% | 1h | 1.8407 | −0.073% | $19K | $23K | 5x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8419 | −0.004% | $12.1M | $47.4M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8406 | −0.076% | $11.8M | $13.3M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8420 | 0.000% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8414 | −0.033% | $545K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8390 | −0.163% | $12.5M | $11.3M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8430 | +0.054% | $4.9M | $11.6M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8410 | −0.054% | $10.0M | $10.9M | 50x | as long as short |
Injective RENDER/USDC PERP
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-USDTlong | +0.0100% | 4h | 1.8420 | long leg | — | $3.5M | — | |
| Variational Omni RENDER | +0.0100% | 4h | 1.8487 | +0.361% | $263K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8482 | +0.337% | $41K | $251K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8410 | −0.054% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8412 | −0.042% | $30K | $205K | 10x | as long as short |
| Aster RENDERUSDTshort | +0.0173% | 4h | 1.8421 | +0.005% | $269K | $153K | 20x | |
| Phoenix RENDER | +0.0299% | 1h | 1.8485 | +0.353% | $47K | $315K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8430 | +0.054% | $572K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0364% / S −0.0907% | 1h | 1.8420 | 0.000% | $15K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0591% | 1h | 1.8436 | +0.087% | $4.1M | $3.3M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8510 | +0.489% | $153K | $59K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1275% | 1h | 1.8442 | +0.118% | $480K | $1.1M | 50x | as long as short |
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD