Funding you earn now, next payment 04:00 UTC+0.0323%/8h= +35.4% APRpaid last 24h +0.196%
Price spread now: Bitget against Injective−0.459%7-day average +0.180% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.364%+$36 on $10k
+Price spread, last 4 days (all we have)+0.432%+$43 · spread now −0.459%, 7d avg +0.180%
=Funding pays, the price is against you. Bitget is 0.639% cheaper against Injective than usual: you would sell low and buy high (spread −0.459% now, against its 7-day average of +0.180%). If the spread goes back, that is −$64 on $10k: about 6.6 days of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective RENDER/USDC PERP | 1.8530 | −0.0223 | get 0.0028% / 1h | 6m 59s | $12K | $194K | 12x |
| Short | Bitget RENDERUSDT | 1.8445 | 0.0100 | get 0.0050% / 4h | 6m 59s | $10.0M | $10.8M | 50x |
Injective RENDER/USDC PERP
Bitget RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Injective. 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
- $67.86
- Price spread: −0.459% → +0.180%
- −$63.89
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$8.04
- Costs to cover
- 0.120%
- Break-even
- 7.8 days
Slippage unknown: Injective: live order book, 2 min ago; Bitget: live order book, 1 min ago. Net counts fees only.
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 Injective live order book, 2 min ago | 43.29 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.25 bp | 16.2 bp −$16 | 22.1 bp −$221 | 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 PERPlong | −0.0223% | 1h | 1.8530 | long leg | $12K | $194K | 12x | |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8423 | −0.577% | $12K | $31K | 25x | as long as short |
| dYdX RENDER-USD | +0.0059% | 1h | 1.8427 | −0.558% | $19K | $23K | 5x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8439 | −0.490% | $12.1M | $47.4M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8430 | −0.540% | $11.8M | $13.3M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8450 | −0.432% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8426 | −0.561% | $546K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8430 | −0.540% | $12.5M | $11.3M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8460 | −0.378% | $4.9M | $11.5M | 50x | as long as short |
| Bitget RENDERUSDTshort | +0.0100% | 4h | 1.8445 | −0.459% | $10.0M | $10.8M | 50x |
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTMShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | +0.0100% | 4h | 1.8440 | −0.486% | — | $3.4M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8487 | −0.234% | $263K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8482 | −0.259% | $41K | $251K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8440 | −0.486% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8427 | −0.554% | $30K | $205K | 10x | as long as short |
| Aster RENDERUSDT | +0.0164% | 4h | 1.8427 | −0.554% | $269K | $153K | 20x | as long as short |
| Phoenix RENDER | +0.0299% | 1h | 1.8485 | −0.243% | $47K | $315K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8450 | −0.432% | $572K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0364% / S −0.0907% | 1h | 1.8413 | −0.634% | $15K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0592% | 1h | 1.8453 | −0.416% | $4.2M | $3.3M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8430 | −0.540% | $153K | $59K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1273% | 1h | 1.8465 | −0.351% | $481K | $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]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD