Funding arb · Price arb / Crypto
RENDER
All RENDER markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.4960 | +0.0205 | pay 0.0102% / 4h | 2h 59m | $386K | $441K | 90x | Long BloFin | |
| SHORT | 1.4950 | −0.0578 | pay 0.0072% / 1h | 59m 31s | $44K | $125K | 50x | Short TxFlow5% off |
Price gap−0.067%
Funding gap−0.0783% /8h
The gap pays +$9 on $10k if it goes back to its 7d average, but funding costs $23 a day and eats that in about 9 hours. At the last 7 days' pace that is about 22 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$67−0.0783% /8h now · paid −0.668% over the last 7D
Price+$9spread −0.067% now, avg −0.154% → +0.087% if it goes back
Costs−$730.729% of $10k · taker + slippage, in and out
Result−$131−1.31%+ 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−0.067%
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 size20.9 / 12.2 bpAt $10k entering BloFin costs 20.9 bp, fee and slippage, 1.7× TxFlow’s.
- Note: Margin at max leverage$111 + $200BloFin 90x, 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: −$23.49Long BloFin: 6 payments, −$6.14; short TxFlow: 24 payments, −$17.34.
- OK: Entry gap works for you−0.067% vs −0.154%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$44K vs $386K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBloFin Limited · TxFlow NoNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0318%/8h × 21 periods−$66.80
Price spread−0.067% → −0.154% (7d avg)+$8.73
Slippage, 4 orderslive order books−$51.92
Fee BloFin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$130.98
Costs to cover0.729%Break-evennever at this rate
Slippage: BloFin: live order book, 25 min ago; TxFlow: live order book, 21 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin10.1820.9 bp−$2151.4 bp−$514doesn’t fitdoesn’t fit
SELL · SHORTTxFlow3.3812.2 bp−$1227.3 bp−$273282.8 bp−$28.3Kdoesn’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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