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: MEXC against Binance−0.054%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$350.350% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.054%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.039% cheaper against Binance than usual: you would sell low and buy high, −$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 | Binance RENDERUSDT | 1.8050 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $11.7M | $47.7M | 75x |
| Short | MEXC RENDER_USDT | 1.8040 | 0.0100 | get 0.0050% / 4h | 2h 16m | $10.7M | $11.3M | 200x |
Binance RENDERUSDT
MEXC RENDER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.054% → −0.015%
- −$3.87
- Slippage, 4 orders
- −$24.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$38.85
- Costs to cover
- 0.350%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 2 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, 11 min ago | 2.80 bp | 12.5 bp −$12 | 26.9 bp −$269 | 251.6 bp −$25.2K | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.77 bp | 2.8 bp −$3 | 10.9 bp −$109 | 42.3 bp −$4,229 | 195.4 bp −$97.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8056 | +0.035% | $18K | $37K | 25x | as long as short |
| dYdX RENDER-USD | +0.0012% | 1h | 1.8027 | −0.126% | $18K | $22K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8050 | +0.002% | $276K | $177K | 20x | as long as short |
| Binance RENDERUSDTlong | +0.0100% | 4h | 1.8050 | long leg | $11.7M | $47.7M | 75x | |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8032 | −0.098% | $11.8M | $13.4M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8060 | +0.057% | $3.1M | $8.3M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8026 | −0.131% | $518K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDTshort | +0.0100% | 4h | 1.8040 | −0.054% | $10.7M | $11.3M | 200x | |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8050 | +0.002% | $4.8M | $10.9M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8058 | +0.046% | $9.8M | $10.8M | 50x | as long as short |
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
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 | 1.8030 | −0.109% | — | $5.2M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.7992 | −0.320% | $255K | $314K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8075 | +0.140% | $40K | $250K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8050 | +0.002% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8027 | −0.126% | $26K | $191K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0235% | 1h | 1.8030 | −0.109% | $11K | $194K | 12x | as long as short |
| Phoenix RENDER | +0.0264% | 1h | 1.8067 | +0.096% | $46K | $334K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8060 | +0.057% | $600K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0361% / S −0.0906% | 1h | 1.8049 | −0.006% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0584% | 1h | 1.8100 | +0.279% | $150K | $60K | 50x | as long as short |
| Hyperliquid RENDER | +0.0619% | 1h | 1.8073 | +0.129% | $4.0M | $3.3M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1240% | 1h | 1.8078 | +0.157% | $422K | $1.3M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Injective RENDER/USDC PERP
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD