Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.160%
Price spread now: dYdX against BingX+0.091%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. dYdX is 0.091% dearer against BingX than usual: you sell high and buy low (spread +0.091% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RENDER-USDT | 1.8630 | 0.0100 | pay 0.0050% / 4h | 3h 11m | — | $3.9M | — |
| Short | dYdX RENDER-USD | 1.8647 | 0 | get 0.0000% / 1h | 11m 47s | $19K | $21K | 5x |
BingX RENDER-USDT
dYdX RENDER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against BingX. 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
- −$21
- Price spread: +0.091% → 0.000%
- $9.13
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$31.87
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 8 min ago; dYdX: no order-book sample. Net counts fees only.
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 BingX live order book, 8 min ago | 2.67 bp | 12.3 bp −$12 | 21.9 bp −$219 | 66.6 bp −$6,664 | 734.7 bp −$367.4K |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1.8840 | +1.127% | $6K | $188K | 12x | as long as short |
| Coinbase International RENDER-PERP-INTX | −0.0040% | 1h | 1.8830 | +1.074% | $155K | $65K | 50x | as long as short |
| Variational Omni RENDER | −0.0011% | 4h | 1.8797 | +0.897% | $231K | $280K | — | as long as short |
| dYdX RENDER-USDshort | 0.0000% | 1h | 1.8647 | +0.091% | $19K | $21K | 5x | |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8642 | +0.064% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8634 | +0.020% | $269K | $146K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8644 | +0.075% | $12.5M | $46.1M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8640 | +0.054% | $12.1M | $13.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8650 | +0.107% | $3.2M | $8.2M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8616 | −0.075% | $526K | $1.1M | 50x | as long as short |
Injective RENDER/USDC PERP
Coinbase International RENDER-PERP-INTX
Variational Omni RENDER
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit 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_USDT | +0.0100% | 4h | 1.8640 | +0.054% | $11.9M | $10.9M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8630 | 0.000% | $5.2M | $12.0M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8647 | +0.091% | $10.0M | $10.5M | 50x | as long as short |
| BingX RENDER-USDTlong | +0.0100% | 4h | 1.8630 | long leg | — | $3.9M | — | |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8869 | +1.283% | $47K | $269K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8660 | +0.161% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8623 | −0.036% | $29K | $205K | 10x | as long as short |
| Phoenix RENDER | +0.0171% | 1h | 1.8727 | +0.521% | $48K | $324K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8700 | +0.376% | $594K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0365% / S −0.0912% | 1h | 1.8650 | +0.106% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0405% | 1h | 1.8674 | +0.239% | $479K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0845% | 1h | 1.8686 | +0.301% | $4.3M | $3.4M | 5x | as long as short |
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER