Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: MEXC against Bybit+0.159%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$460.456% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 7 days−0.208%−$21 · spread now +0.159%, 7d avg +0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.106% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RENDERUSDT | 1.8870 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $12.0M | $13.2M | 50x |
| Short | MEXC RENDER_USDT | 1.8900 | 0.0100 | get 0.0050% / 4h | 1h 20m | $14.1M | $11.1M | 200x |
Bybit RENDERUSDT
MEXC RENDER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- Price spread: +0.159% → +0.053%
- $10.64
- Slippage, 4 orders
- −$34.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$34.97
- Costs to cover
- 0.456%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago | 2.64 bp | 18.0 bp −$18 | 44.9 bp −$449 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 5.28 bp | 5.3 bp −$5 | 12.4 bp −$124 | 67.8 bp −$6,778 | 219.2 bp −$109.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX RENDER-USD | 0.0000% | 1h | 1.8876 | +0.033% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8886 | +0.085% | $11K | $30K | 25x | as long as short |
| Injective RENDER/USDC PERP | +0.0036% | 1h | 1.8880 | +0.053% | $6K | $188K | 12x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8899 | +0.154% | $12.6M | $46.9M | 75x | as long as short |
| Bybit RENDERUSDTlong | +0.0100% | 4h | 1.8870 | long leg | $12.0M | $13.2M | 50x | |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8890 | +0.106% | $3.2M | $8.3M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8883 | +0.069% | $584K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDTshort | +0.0100% | 4h | 1.8900 | +0.159% | $14.1M | $11.1M | 200x | |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8900 | +0.159% | $5.2M | $11.9M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8891 | +0.111% | $10.4M | $10.7M | 50x | as long as short |
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Injective RENDER/USDC PERP
Binance RENDERUSDT
OKX RENDER-USDT-SWAP
Gate 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 | 1.8880 | +0.053% | — | $3.6M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8877 | +0.034% | $269K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8930 | +0.318% | $43K | $254K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8890 | +0.106% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8885 | +0.077% | $28K | $198K | 10x | as long as short |
| Aster RENDERUSDT | +0.0227% | 4h | 1.8923 | +0.281% | $274K | $145K | 20x | as long as short |
| Phoenix RENDER | +0.0259% | 1h | 1.8991 | +0.641% | $49K | $246K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8900 | +0.159% | $591K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0369% / S −0.0912% | 1h | 1.8875 | +0.024% | $16K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0456% | 1h | 1.9130 | +1.378% | $157K | $58K | 50x | as long as short |
| Hyperliquid RENDER | +0.0872% | 1h | 1.8931 | +0.323% | $4.3M | $3.2M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1414% | 1h | 1.8919 | +0.260% | $490K | $1.1M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Aster RENDERUSDT
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD