Settings8H · net · $10k
Funding arb · Price arb /

RENDER

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.193%
Price spread now: Aster against dYdX+0.057%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.057% dearer against dYdX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX RENDER-USD1.86290get 0.0000% / 1h42m 33s$19K$21K5x
ShortAster RENDERUSDT1.86400.0100get 0.0050% / 4h2h 42m$271K$189K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against dYdX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21
Price spread: +0.057% → 0.000%
$5.67
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$8.67
Costs to cover
0.180%
Break-even
4.1 days
Slippage unknown: dYdX: no order-book sample; Aster: live order book, 44 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Aster live order book, 44 min ago8.13 bp17.9 bp −$18doesn't fitdoesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective RENDER/USDC PERP−0.0440%1h1.8630+0.003%$6K$141K12xas long as short
Variational Omni RENDER−0.0246%4h1.8580−0.265%$223K$255Kas long as short
Bybit RENDERUSDT−0.0208%4h1.8610−0.104%$12.1M$14.6M50xas long as short
Deribit RENDER_USDC-PERPETUAL−0.0126%1h1.8623−0.035%$11K$33K25xas long as short
dYdX RENDER-USDlong0.0000%1h1.8629long leg$19K$21K5x
Aster RENDERUSDTshort+0.0100%4h1.8640+0.057%$271K$189K20x
Binance RENDERUSDT+0.0100%4h1.8632+0.015%$12.4M$49.1M75xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.8630+0.003%$3.2M$8.8M20xas long as short
Gate RENDER_USDT+0.0100%4h1.8617−0.067%$545K$1.1M50xas long as short
MEXC RENDER_USDT+0.0100%4h1.8630+0.003%$12.1M$10.2M200xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RENDERUSDTM+0.0100%4h1.8610−0.104%$5.2M$13.0M50xas long as short
Bitget RENDERUSDT+0.0100%4h1.8630+0.003%$10.0M$10.4M50xas long as short
BingX RENDER-USDT+0.0100%4h1.8620−0.051%$4.3Mas long as short
ApeX Omni RENDERUSDT+0.0100%1h1.8618−0.061%$44K$265K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.8610−0.104%$1.9M$4.0M50xas long as short
Extended RENDER-USD+0.0104%1h1.8634+0.026%$31K$178K10xas long as short
Phoenix RENDER+0.0173%1h1.8615−0.078%$40K$336K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.8590−0.212%$602K$1.4M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0341% / S −0.0785%1h1.8624−0.030%$14K100xas long as short
Coinbase International RENDER-PERP-INTX+0.0520%1h1.8570−0.319%$153K$68K50xas long as short
Kraken Futures PF_RENDERUSD+0.0746%1h1.8650+0.108%$487K$1.1M50xas long as short
Hyperliquid RENDER+0.1029%1h1.8651+0.116%$4.2M$4.3M5xas long as short