Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC+0.220%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days−0.244%−$24 · spread now +0.220%, 7d avg +0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.207% dearer against MEXC than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RENDER_USDT | 1.8210 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $11.0M | $10.8M | 200x |
| Short | OKX RENDER-USDT-SWAP | 1.8250 | 0.0100 | get 0.0050% / 4h | 2h 55m | $3.1M | $8.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.220% → +0.012%
- $20.75
- Slippage, 4 orders
- −$30.18
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$19.43
- Costs to cover
- 0.402%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 8 min ago; OKX: 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, 8 min ago | 2.70 bp | 2.7 bp −$3 | 9.2 bp −$92 | 47.4 bp −$4,738 | 215.9 bp −$107.9K |
| Sell OKX live order book, 3 min ago | 2.72 bp | 17.6 bp −$18 | 61.4 bp −$614 | 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 | −0.0344% | 1h | 1.8220 | +0.055% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8217 | +0.038% | $18K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8201 | −0.049% | $10K | $30K | 25x | as long as short |
| Variational Omni RENDER | +0.0085% | 4h | 1.8222 | +0.067% | $224K | $279K | — | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8220 | +0.056% | $264K | $142K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8237 | +0.147% | $12.1M | $46.3M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8230 | +0.110% | $11.7M | $13.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAPshort | +0.0100% | 4h | 1.8250 | +0.220% | $3.1M | $8.0M | 20x | |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8206 | −0.022% | $512K | $1.0M | 50x | as long as short |
| MEXC RENDER_USDTlong | +0.0100% | 4h | 1.8210 | long leg | $11.0M | $10.8M | 200x |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8220 | +0.055% | $4.9M | $12.1M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8245 | +0.192% | $9.7M | $10.6M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8220 | +0.055% | — | $3.9M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8354 | +0.791% | $46K | $269K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8240 | +0.165% | $1.8M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8206 | −0.023% | $28K | $201K | 10x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0168% | 1h | 1.8250 | +0.220% | $149K | $64K | 50x | as long as short |
| Phoenix RENDER | +0.0171% | 1h | 1.8384 | +0.956% | $47K | $297K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8230 | +0.110% | $585K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0363% / S −0.0912% | 1h | 1.8203 | −0.036% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0675% | 1h | 1.8237 | +0.147% | $469K | $1.0M | 50x | as long as short |
| Hyperliquid RENDER | +0.0712% | 1h | 1.8235 | +0.137% | $4.2M | $3.4M | 5x | as long as short |
MEXC RENDER_USDT
OKX RENDER-USDT-SWAP
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
Variational Omni RENDER
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
Gate RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Coinbase International RENDER-PERP-INTX
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER