Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Bybit against MEXC−0.112%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 7 days+0.124%+$12 · spread now −0.112%, 7d avg −0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.059% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RENDER_USDT | 1.8720 | 0.0100 | pay 0.0050% / 4h | 3h 49m | $12.1M | $10.5M | 200x |
| Short | Bybit RENDERUSDT | 1.8699 | 0.0100 | get 0.0050% / 4h | 3h 49m | $12.1M | $13.3M | 50x |
MEXC RENDER_USDT
Bybit RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.112% → −0.053%
- −$5.91
- Slippage, 4 orders
- −$23.79
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$40.7
- Costs to cover
- 0.348%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 9 min ago; Bybit: live order book, 4 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, 9 min ago | 2.67 bp | 2.7 bp −$3 | 11.1 bp −$111 | 49.0 bp −$4,895 | 221.1 bp −$110.5K |
| Sell Bybit live order book, 4 min ago | 2.67 bp | 13.3 bp −$13 | 40.1 bp −$401 | 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 | −0.0213% | 1h | 1.8790 | +0.374% | $6K | $188K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.0125% | 1h | 1.8666 | −0.288% | $11K | $30K | 25x | as long as short |
| Variational Omni RENDER | −0.0067% | 4h | 1.8782 | +0.332% | $232K | $293K | — | as long as short |
| Coinbase International RENDER-PERP-INTX | −0.0040% | 1h | 1.8810 | +0.481% | $155K | $64K | 50x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8717 | −0.016% | $19K | $21K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8690 | −0.160% | $270K | $164K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8717 | −0.014% | $12.5M | $47.0M | 75x | as long as short |
| Bybit RENDERUSDTshort | +0.0100% | 4h | 1.8699 | −0.112% | $12.1M | $13.3M | 50x | |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8730 | +0.053% | $3.2M | $8.4M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8708 | −0.064% | $533K | $1.0M | 50x | as long as short |
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
Variational Omni RENDER
Coinbase International RENDER-PERP-INTX
dYdX RENDER-USD
Aster RENDERUSDT
Binance RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC RENDER_USDTlong | +0.0100% | 4h | 1.8720 | long leg | $12.1M | $10.5M | 200x | |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8670 | −0.267% | $5.2M | $12.2M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8727 | +0.037% | $10.1M | $10.4M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8720 | 0.000% | — | $4.1M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8738 | +0.096% | $45K | $268K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8690 | −0.160% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8713 | −0.037% | $31K | $192K | 10x | as long as short |
| Phoenix RENDER | +0.0171% | 1h | 1.8702 | −0.096% | $48K | $324K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8790 | +0.374% | $597K | $1.3M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0366% / S −0.0912% | 1h | 1.8713 | −0.035% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0405% | 1h | 1.8703 | −0.090% | $478K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0946% | 1h | 1.8742 | +0.118% | $4.4M | $3.4M | 5x | as long as short |
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER