Funding you earn now, next payment 09:00 UTC−0.0353%/8h= −38.7% APRpaid last 24h −0.253%
Price spread now: Injective against BloFin+0.056%7-day average −0.185% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.842%−$84 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now +0.056%, 7d avg −0.185%
=The price spread pays, funding is against you. Injective is 0.240% dearer against BloFin than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.185%): +$24 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RENDER-USDT | 1.8010 | 0.0340 | pay 0.0170% / 4h | 3h 56m | $604K | $1.2M | 90x |
| Short | Injective RENDER/USDC PERP | 1.8020 | −0.0013 | pay 0.0002% / 1h | 56m 10s | $11K | $194K | 12x |
BloFin RENDER-USDT
Injective RENDER/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BloFin. 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
- −$74.18
- Price spread: +0.056% → −0.185%
- $24.02
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$62.18
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 1 min ago; Injective: live order book, 58 min ago. 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 BloFin live order book, 1 min ago | 2.77 bp | 9.9 bp −$10 | 25.9 bp −$259 | 106.7 bp −$10.7K | doesn't fit |
| Sell Injective live order book, 58 min ago | 66.15 bp | doesn't fit | doesn't fit | 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 PERPshort | −0.0013% | 1h | 1.8020 | +0.056% | $11K | $194K | 12x | |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8017 | +0.040% | $18K | $22K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.7988 | −0.122% | $18K | $22K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8012 | +0.009% | $276K | $190K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.7991 | −0.103% | $11.7M | $44.7M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.7991 | −0.105% | $11.8M | $12.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8000 | −0.056% | $3.1M | $7.9M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.7986 | −0.133% | $514K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.7980 | −0.167% | $10.9M | $11.4M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8010 | 0.000% | $4.8M | $9.8M | 50x | as long as short |
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
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 | 1.7985 | −0.139% | $9.8M | $10.5M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.7990 | −0.111% | — | $5.1M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8053 | +0.236% | $256K | $314K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8076 | +0.366% | $40K | $248K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.7980 | −0.167% | $1.8M | $3.8M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.7993 | −0.092% | $26K | $254K | 10x | as long as short |
| Phoenix RENDER | +0.0266% | 1h | 1.8080 | +0.389% | $46K | $306K | 5x | as long as short |
| BloFin RENDER-USDTlong | +0.0340% | 4h | 1.8010 | long leg | $604K | $1.2M | 90x | |
| GMX RENDER/USD [ETH-USDC] | L +0.0360% / S −0.0906% | 1h | 1.7979 | −0.172% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0426% | 1h | 1.8011 | +0.008% | $421K | $1.4M | 50x | as long as short |
| Hyperliquid RENDER | +0.0536% | 1h | 1.8013 | +0.017% | $4.1M | $3.2M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0624% | 1h | 1.8160 | +0.833% | $149K | $56K | 50x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX