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: Binance against Bitget−0.079%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$590.592% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now −0.079%, 7d avg −0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.063% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RENDERUSDT | 1.8729 | 0.0100 | pay 0.0050% / 4h | 58m 47s | $10.2M | $10.8M | 50x |
| Short | Binance RENDERUSDT | 1.8714 | 0.0100 | get 0.0050% / 4h | 58m 47s | $12.5M | $47.0M | 75x |
Bitget RENDERUSDT
Binance RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: −0.079% → −0.017%
- −$6.25
- Slippage, 4 orders
- −$37.25
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$65.5
- Costs to cover
- 0.592%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 13 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 Bitget live order book, 5 min ago | 2.94 bp | 16.6 bp −$17 | 30.8 bp −$308 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.66 bp | 14.5 bp −$14 | 30.6 bp −$306 | 129.9 bp −$13.0K | 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 | −0.422% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8675 | −0.287% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8677 | −0.278% | $11K | $30K | 25x | as long as short |
| Binance RENDERUSDTshort | +0.0100% | 4h | 1.8714 | −0.079% | $12.5M | $47.0M | 75x | |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8690 | −0.208% | $11.9M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8720 | −0.048% | $3.2M | $8.3M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8691 | −0.203% | $571K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8700 | −0.155% | $13.8M | $11.1M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8700 | −0.155% | $5.1M | $11.8M | 50x | as long as short |
| Bitget RENDERUSDTlong | +0.0100% | 4h | 1.8729 | long leg | $10.2M | $10.8M | 50x |
Injective RENDER/USDC PERP
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTMShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | +0.0100% | 4h | 1.8700 | −0.155% | — | $3.6M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8641 | −0.469% | $265K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8674 | −0.294% | $42K | $253K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8680 | −0.262% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8693 | −0.193% | $27K | $200K | 10x | as long as short |
| Phoenix RENDER | +0.0259% | 1h | 1.8684 | −0.240% | $48K | $242K | 5x | as long as short |
| Aster RENDERUSDT | +0.0315% | 4h | 1.8722 | −0.035% | $271K | $144K | 20x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8690 | −0.208% | $594K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0367% / S −0.0912% | 1h | 1.8660 | −0.369% | $16K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8900 | +0.913% | $155K | $57K | 50x | as long as short |
| Hyperliquid RENDER | +0.0774% | 1h | 1.8739 | +0.053% | $4.2M | $3.2M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1257% | 1h | 1.8704 | −0.133% | $486K | $1.1M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
Aster RENDERUSDT
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD