Funding you earn now, next payment 00:00 UTC−0.0496%/8h= −54.4% APRpaid last 24h −0.106%
Price spread now: Aster against Kraken Futures+0.009%7-day average −0.002% · 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−$900.897% of the position
Funding, last 5 days (all we have)−0.687%−$69 on $10k
+Price spread, last 3 days (all we have)+0.139%+$14 · spread now +0.009%, 7d avg −0.002%
=Together, before fees−0.548%+ Points / potential airdropAster: Stage 5 · farm board−$55 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_RENDERUSD | 1.8587 | 0.0596 | pay 0.0075% / 1h | 37m 35s | $482K | $1.1M | 50x |
| Short | Aster RENDERUSDT | 1.8589 | 0.0100 | get 0.0050% / 4h | 37m 35s | $268K | $166K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$104.26
- Price spread: +0.009% → −0.002%
- $1.09
- Slippage, 4 orders
- −$71.71
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$192.88
- Costs to cover
- 0.897%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; Aster: live order book, 39 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 Kraken Futures live order book, 1 min ago | 6.19 bp | 17.4 bp −$17 | 42.0 bp −$420 | doesn't fit | doesn't fit |
| Sell Aster live order book, 39 min ago | 8.12 bp | 22.8 bp −$23 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RENDER | −0.0088% | 4h | 1.8553 | −0.186% | $224K | $296K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8568 | −0.105% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8562 | −0.136% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDTshort | +0.0100% | 4h | 1.8589 | +0.009% | $268K | $166K | 20x | |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8563 | −0.132% | $12.4M | $47.0M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8544 | −0.233% | $12.0M | $13.5M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8570 | −0.093% | $3.2M | $8.3M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8553 | −0.184% | $536K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8560 | −0.147% | $12.3M | $10.5M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8550 | −0.200% | $5.1M | $12.4M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8569 | −0.098% | $10.0M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8570 | −0.093% | — | $4.2M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8572 | −0.082% | $43K | $266K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8560 | −0.147% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8566 | −0.117% | $31K | $178K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0110% | 1h | 1.8540 | −0.254% | $6K | $187K | 12x | as long as short |
| Phoenix RENDER | +0.0173% | 1h | 1.8597 | +0.052% | $47K | $333K | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0256% | 1h | 1.8440 | −0.792% | $152K | $65K | 50x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8560 | −0.147% | $597K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0364% / S −0.0912% | 1h | 1.8560 | −0.145% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSDlong | +0.0596% | 1h | 1.8587 | long leg | $482K | $1.1M | 50x | |
| Hyperliquid RENDER | +0.1786% | 1h | 1.8616 | +0.154% | $4.3M | $3.4M | 5x | as long as short |
Kraken Futures PF_RENDERUSD
Aster RENDERUSDT
Variational Omni RENDER
Deribit RENDER_USDC-PERPETUAL
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Injective RENDER/USDC PERP
Phoenix RENDER
Coinbase International RENDER-PERP-INTX
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER