Funding you earn now, next payment 04:00 UTC+0.0141%/8h= +15.4% APRnext payment +$0.70 per $10,000 · paid last 24h +0.010%
Price spread now: Aster against Bybit+0.160%7-day average +0.168% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1111.113% of the position
Funding, last 5 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.160%, 7d avg +0.168%
=Together, before fees−0.023%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.168%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RENDERUSDT | 1.8340 | 0.0100 | pay 0.0050% / 4h | 29m 42s | $11.7M | $13.3M | 50x |
| Short | Aster RENDERUSDT | 1.8369 | 0.0241 | get 0.0120% / 4h | 29m 42s | $266K | $151K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bybit. 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
- $29.57
- Price spread: +0.160% → +0.168%
- −$0.75
- Slippage, 4 orders
- −$92.34
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$82.52
- Costs to cover
- 1.113%
- Break-even
- 26.5 days
Slippage from Bybit: live order book, 4 min ago; Aster: live order book, 27 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 Bybit live order book, 4 min ago | 2.73 bp | 19.0 bp −$19 | 49.2 bp −$492 | doesn't fit | doesn't fit |
| Sell Aster live order book, 27 min ago | 10.66 bp | 34.5 bp −$34 | 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 PERP | −0.0223% | 1h | 1.8200 | −0.763% | $6K | $188K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8324 | −0.087% | $10K | $30K | 25x | as long as short |
| dYdX RENDER-USD | +0.0078% | 1h | 1.8367 | +0.146% | $19K | $23K | 5x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8350 | +0.055% | $12.1M | $47.4M | 75x | as long as short |
| Bybit RENDERUSDTlong | +0.0100% | 4h | 1.8340 | long leg | $11.7M | $13.3M | 50x | |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8370 | +0.164% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8356 | +0.087% | $549K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8360 | +0.109% | $12.6M | $11.3M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8380 | +0.218% | $4.9M | $11.7M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8359 | +0.104% | $10.0M | $10.9M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | +0.0100% | 4h | 1.8350 | +0.055% | — | $3.6M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8292 | −0.263% | $261K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8345 | +0.027% | $41K | $252K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8320 | −0.109% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8349 | +0.047% | $26K | $200K | 10x | as long as short |
| Aster RENDERUSDTshort | +0.0241% | 4h | 1.8369 | +0.160% | $266K | $151K | 20x | |
| Phoenix RENDER | +0.0299% | 1h | 1.8343 | +0.016% | $47K | $315K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8330 | −0.055% | $581K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0363% / S −0.0907% | 1h | 1.8319 | −0.115% | $15K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0501% | 1h | 1.8398 | +0.316% | $4.1M | $3.3M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8450 | +0.600% | $151K | $55K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1282% | 1h | 1.8344 | +0.022% | $477K | $1.1M | 50x | as long as short |
Bybit RENDERUSDT
Aster RENDERUSDT
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
Binance RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD