Funding you earn now, next payment 04:00 UTC+0.0211%/8h= +23.1% APRpaid last 24h 0.000%
Price spread now: Aster against Extended+0.158%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$950.950% of the position
Funding, last 5 days (all we have)−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.158%, 7d avg +0.098%
=Together, before fees−0.118%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aster is 0.060% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.098%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended RENDER-USD | 1.8693 | 0.0104 | pay 0.0013% / 1h | 58m 43s | $27K | $200K | 10x |
| Short | Aster RENDERUSDT | 1.8722 | 0.0315 | get 0.0158% / 4h | 58m 43s | $271K | $144K | 20x |
Extended RENDER-USD
Aster RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Extended. 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
- $44.35
- Price spread: +0.158% → +0.098%
- $6.02
- Slippage, 4 orders
- −$81.96
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$44.59
- Costs to cover
- 0.950%
- Break-even
- 14.0 days
Slippage from Extended: live order book, 63 min ago; Aster: live order book, 63 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 Extended live order book, 63 min ago | 11.63 bp | 23.0 bp −$23 | 180.2 bp −$1,802 | doesn't fit | doesn't fit |
| Sell Aster live order book, 63 min ago | 10.81 bp | 23.7 bp −$24 | doesn't fit | 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 | −0.0223% | 1h | 1.8650 | −0.230% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8675 | −0.094% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8677 | −0.085% | $11K | $30K | 25x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8714 | +0.114% | $12.5M | $47.0M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8690 | −0.016% | $11.9M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8720 | +0.145% | $3.2M | $8.3M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8691 | −0.010% | $571K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8700 | +0.038% | $13.8M | $11.1M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8700 | +0.038% | $5.1M | $11.8M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8729 | +0.193% | $10.2M | $10.8M | 50x | as long as short |
Injective RENDER/USDC PERP
dYdX RENDER-USD
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 | 1.8700 | +0.038% | — | $3.6M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8641 | −0.277% | $265K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8674 | −0.101% | $42K | $253K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8680 | −0.069% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USDlong | +0.0104% | 1h | 1.8693 | long leg | $27K | $200K | 10x | |
| Phoenix RENDER | +0.0259% | 1h | 1.8684 | −0.048% | $48K | $242K | 5x | as long as short |
| Aster RENDERUSDTshort | +0.0315% | 4h | 1.8722 | +0.158% | $271K | $144K | 20x | |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8690 | −0.016% | $594K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0367% / S −0.0912% | 1h | 1.8660 | −0.177% | $16K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8900 | +1.108% | $155K | $57K | 50x | as long as short |
| Hyperliquid RENDER | +0.0774% | 1h | 1.8739 | +0.247% | $4.2M | $3.2M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1257% | 1h | 1.8704 | +0.060% | $486K | $1.1M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD