Funding you earn now, next payment 08:00 UTC−0.0315%/8h= −34.4% APRpaid last 24h −0.052%
Price spread now: dYdX against BloFin−0.297%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and dYdX is 0.297% cheaper against BloFin than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RENDER-USDT | 1.8070 | 0.0340 | pay 0.0170% / 4h | 58m 59s | $604K | $1.2M | 90x |
| Short | dYdX RENDER-USD | 1.8016 | 0.0025 | get 0.0003% / 1h | 58m 59s | $18K | $22K | 5x |
BloFin RENDER-USDT
dYdX RENDER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against BloFin. 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
- −$66.06
- Price spread: −0.297% → 0.000%
- −$29.66
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$117.72
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 3 min ago; dYdX: no order-book sample. 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 BloFin live order book, 3 min ago | 2.76 bp | 8.8 bp −$9 | 11.6 bp −$116 | 82.7 bp −$8,268 | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0131% | 1h | 1.8240 | +0.941% | $11K | $194K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8022 | −0.266% | $18K | $37K | 25x | as long as short |
| dYdX RENDER-USDshort | +0.0025% | 1h | 1.8016 | −0.297% | $18K | $22K | 5x | |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8025 | −0.251% | $11.7M | $46.6M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8013 | −0.315% | $11.8M | $12.9M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8040 | −0.166% | $3.1M | $8.2M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8013 | −0.315% | $517K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8020 | −0.277% | $10.9M | $11.6M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8030 | −0.221% | $4.8M | $10.3M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8027 | −0.238% | $9.7M | $10.7M | 50x | as long as short |
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
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 | 1.8030 | −0.221% | — | $5.1M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8062 | −0.045% | $256K | $314K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8086 | +0.089% | $40K | $251K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8030 | −0.221% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8020 | −0.276% | $26K | $171K | 10x | as long as short |
| Hyperliquid RENDER | +0.0175% | 1h | 1.8041 | −0.160% | $4.1M | $3.4M | 5x | as long as short |
| Aster RENDERUSDT | +0.0187% | 4h | 1.8060 | −0.057% | $284K | $180K | 20x | as long as short |
| Phoenix RENDER | +0.0309% | 1h | 1.8092 | +0.122% | $46K | $339K | 5x | as long as short |
| BloFin RENDER-USDTlong | +0.0340% | 4h | 1.8070 | long leg | $604K | $1.2M | 90x | |
| GMX RENDER/USD [ETH-USDC] | L +0.0360% / S −0.0906% | 1h | 1.8021 | −0.272% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0512% | 1h | 1.8170 | +0.553% | $150K | $61K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0735% | 1h | 1.8043 | −0.151% | $419K | $1.5M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Hyperliquid RENDER
Aster RENDERUSDT
Phoenix RENDER
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD