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: BingX against Binance+0.040%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$570.569% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now +0.040%, 7d avg −0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.066% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RENDERUSDT | 1.8373 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $12.1M | $46.1M | 75x |
| Short | BingX RENDER-USDT | 1.8380 | 0.0100 | get 0.0050% / 4h | 2h 29m | — | $3.9M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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: +0.040% → −0.026%
- $6.56
- Slippage, 4 orders
- −$36.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$50.34
- Costs to cover
- 0.569%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; BingX: live order book, 11 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 Binance live order book, 13 min ago | 2.75 bp | 12.4 bp −$12 | 27.0 bp −$270 | 249.1 bp −$24.9K | doesn't fit |
| Sell BingX live order book, 11 min ago | 5.51 bp | 15.1 bp −$15 | 28.2 bp −$282 | 91.9 bp −$9,193 | 1045.2 bp −$522.6K |
RENDER on 21 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 | 1.8340 | −0.178% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8403 | +0.165% | $19K | $21K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8390 | +0.094% | $265K | $142K | 20x | as long as short |
| Binance RENDERUSDTlong | +0.0100% | 4h | 1.8373 | long leg | $12.1M | $46.1M | 75x | |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8361 | −0.064% | $11.7M | $13.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8390 | +0.094% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8377 | +0.023% | $561K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8370 | −0.015% | $11.0M | $10.9M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8370 | −0.015% | $4.9M | $12.1M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8383 | +0.056% | $9.9M | $10.6M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDTshort | +0.0100% | 4h | 1.8380 | +0.040% | — | $3.9M | — | |
| Variational Omni RENDER | +0.0100% | 4h | 1.8302 | −0.384% | $225K | $279K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8337 | −0.194% | $46K | $261K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8410 | +0.203% | $1.8M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8405 | +0.176% | $28K | $197K | 10x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0168% | 1h | 1.8340 | −0.178% | $150K | $60K | 50x | as long as short |
| Phoenix RENDER | +0.0217% | 1h | 1.8413 | +0.219% | $47K | $297K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | +0.0239% | 1h | 1.8405 | +0.176% | $10K | $30K | 25x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0364% / S −0.0912% | 1h | 1.8363 | −0.055% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0668% | 1h | 1.8438 | +0.353% | $470K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0830% | 1h | 1.8402 | +0.159% | $4.2M | $3.4M | 5x | as long as short |
Binance RENDERUSDT
BingX RENDER-USDT
Injective RENDER/USDC PERP
Aster RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Coinbase International RENDER-PERP-INTX
Phoenix RENDER
Deribit RENDER_USDC-PERPETUAL
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER