Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.009%
Price spread now: Extended against Bybit+0.080%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$840.837% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.080%, 7d avg +0.069%
=Together, before fees−0.054%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RENDERUSDT | 1.8360 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $12.0M | $14.2M | 50x |
| Short | Extended RENDER-USD | 1.8375 | 0.0104 | get 0.0013% / 1h | 57m 50s | $31K | $178K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $0.84
- Price spread: +0.080% → +0.069%
- $1.14
- Slippage, 4 orders
- −$67.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$81.69
- Costs to cover
- 0.837%
- Break-even
- 687.7 days
Slippage from Bybit: live order book, 6 min ago; Extended: live order book, 23 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 Bybit live order book, 6 min ago | 2.71 bp | 18.4 bp −$18 | 50.6 bp −$506 | doesn't fit | doesn't fit |
| Sell Extended live order book, 23 min ago | 11.51 bp | 23.0 bp −$23 | 74.5 bp −$745 | 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 | −0.0576% | 1h | 1.8380 | +0.109% | $6K | $165K | 12x | as long as short |
| Variational Omni RENDER | −0.0369% | 4h | 1.8424 | +0.350% | $222K | $296K | — | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.0241% | 1h | 1.8330 | −0.163% | $10K | $30K | 25x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8399 | +0.210% | $19K | $21K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8392 | +0.172% | $263K | $184K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8380 | +0.109% | $12.2M | $48.7M | 75x | as long as short |
| Bybit RENDERUSDTlong | +0.0100% | 4h | 1.8360 | long leg | $12.0M | $14.2M | 50x | |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8390 | +0.163% | $3.1M | $8.5M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8366 | +0.033% | $534K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8380 | +0.109% | $11.1M | $10.2M | 200x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8360 | 0.000% | $5.0M | $12.9M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8387 | +0.147% | $9.9M | $10.4M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8370 | +0.054% | — | $4.4M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8456 | +0.523% | $43K | $267K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8360 | 0.000% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USDshort | +0.0104% | 1h | 1.8375 | +0.080% | $31K | $178K | 10x | |
| Phoenix RENDER | +0.0173% | 1h | 1.8464 | +0.566% | $40K | $324K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8410 | +0.272% | $595K | $1.4M | 90x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0352% | 1h | 1.8670 | +1.688% | $154K | $69K | 50x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0361% / S −0.0904% | 1h | 1.8358 | −0.013% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0582% | 1h | 1.8380 | +0.109% | $467K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0741% | 1h | 1.8423 | +0.343% | $4.2M | $3.7M | 5x | as long as short |
Bybit RENDERUSDT
Extended RENDER-USD
Injective RENDER/USDC PERP
Variational Omni RENDER
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Phoenix RENDER
BloFin RENDER-USDT
Coinbase International RENDER-PERP-INTX
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER