Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.055%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$310.312% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now +0.055%, 7d avg +0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.040% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RENDER_USDT | 1.8190 | 0.0100 | pay 0.0050% / 4h | 3h 08m | $12.4M | $11.2M | 200x |
| Short | Binance RENDERUSDT | 1.8200 | 0.0100 | get 0.0050% / 4h | 3h 08m | $11.8M | $47.0M | 75x |
MEXC RENDER_USDT
Binance RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: +0.055% → +0.015%
- $4
- Slippage, 4 orders
- −$21.18
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$27.18
- Costs to cover
- 0.312%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Binance: 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 MEXC live order book, 5 min ago | 2.74 bp | 2.7 bp −$3 | 10.5 bp −$105 | 57.2 bp −$5,722 | 228.7 bp −$114.4K |
| Sell Binance live order book, 3 min ago | 2.74 bp | 14.8 bp −$15 | 32.5 bp −$325 | 146.2 bp −$14.6K | 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 | −0.0572% | 1h | 1.8240 | +0.275% | $11K | $194K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8182 | −0.044% | $16K | $35K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8210 | +0.110% | $267K | $155K | 20x | as long as short |
| Binance RENDERUSDTshort | +0.0100% | 4h | 1.8200 | +0.055% | $11.8M | $47.0M | 75x | |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8180 | −0.055% | $11.6M | $13.1M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8200 | +0.055% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8189 | −0.005% | $532K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDTlong | +0.0100% | 4h | 1.8190 | long leg | $12.4M | $11.2M | 200x | |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8200 | +0.055% | $4.9M | $11.2M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8196 | +0.033% | $9.9M | $10.6M | 50x | as long as short |
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Bybit 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 | 1.8190 | 0.000% | — | $3.4M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8222 | +0.174% | $259K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8264 | +0.407% | $40K | $250K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8180 | −0.055% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8190 | +0.001% | $26K | $197K | 10x | as long as short |
| dYdX RENDER-USD | +0.0174% | 1h | 1.8177 | −0.072% | $18K | $32K | 5x | as long as short |
| Phoenix RENDER | +0.0303% | 1h | 1.8256 | +0.363% | $47K | $326K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8220 | +0.165% | $562K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0372% / S −0.0956% | 1h | 1.8169 | −0.114% | $16K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0570% | 1h | 1.8209 | +0.104% | $4.1M | $3.3M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0616% | 1h | 1.8430 | +1.319% | $153K | $58K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1053% | 1h | 1.8198 | +0.046% | $491K | $1.2M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
dYdX RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD