Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.070%
Price spread now: BloFin against Aster−0.127%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$900.900% of the position
Funding, last 5 days (all we have)+0.367%+$37 on $10k
+Price spread, last 3 days (all we have)−0.080%−$8 · spread now −0.127%, 7d avg −0.062%
=Together, before fees+0.286%+ Points / potential airdropAster: Stage 5 · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.065% cheaper against Aster than usual: you would sell low and buy high (spread −0.127% now, against its 7-day average of −0.062%). If the spread goes back, that is −$6 on $10k: about 22 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster RENDERUSDT | 1.8744 | 0.0100 | pay 0.0050% / 4h | 2m 53s | $270K | $164K | 20x |
| Short | BloFin RENDER-USDT | 1.8720 | 0.0340 | get 0.0170% / 4h | 2m 53s | $592K | $1.3M | 90x |
Aster RENDERUSDT
BloFin RENDER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aster. 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
- $50.4
- Price spread: −0.127% → −0.062%
- −$6.48
- Slippage, 4 orders
- −$70.01
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$46.09
- Costs to cover
- 0.900%
- Break-even
- 13.4 days
Slippage from Aster: live order book, 9 min ago; BloFin: live order book, 5 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 Aster live order book, 9 min ago | 13.40 bp | 30.8 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 5.35 bp | 21.6 bp −$22 | 32.2 bp −$322 | 81.9 bp −$8,186 | 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 | −0.0075% | 4h | 1.8632 | −0.594% | $229K | $293K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8727 | −0.088% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8737 | −0.036% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDTlong | +0.0100% | 4h | 1.8744 | long leg | $270K | $164K | 20x | |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8750 | +0.033% | $12.5M | $46.9M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8729 | −0.079% | $12.1M | $13.3M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8750 | +0.033% | $3.2M | $8.4M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8731 | −0.068% | $540K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8750 | +0.033% | $12.2M | $10.7M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8720 | −0.127% | $5.2M | $12.2M | 50x | as long as short |
Variational Omni RENDER
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8745 | +0.006% | $10.0M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8740 | −0.020% | — | $4.1M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8720 | −0.127% | $45K | $268K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8730 | −0.074% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8740 | −0.022% | $31K | $178K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0110% | 1h | 1.8700 | −0.234% | $6K | $187K | 12x | as long as short |
| Phoenix RENDER | +0.0173% | 1h | 1.8742 | −0.010% | $48K | $333K | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0256% | 1h | 1.8650 | −0.501% | $154K | $64K | 50x | as long as short |
| BloFin RENDER-USDTshort | +0.0340% | 4h | 1.8720 | −0.127% | $592K | $1.3M | 90x | |
| GMX RENDER/USD [ETH-USDC] | L +0.0365% / S −0.0912% | 1h | 1.8740 | −0.021% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0591% | 1h | 1.8760 | +0.087% | $483K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.1358% | 1h | 1.8772 | +0.150% | $4.4M | $3.4M | 5x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Injective RENDER/USDC PERP
Phoenix RENDER
Coinbase International RENDER-PERP-INTX
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER