Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.074%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$740.742% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.074%, 7d avg +0.030%
=Together, before fees−0.013%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.045% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended RENDER-USD | 1.8606 | 0.0104 | pay 0.0013% / 1h | 55m 02s | $31K | $178K | 10x |
| Short | Binance RENDERUSDT | 1.8620 | 0.0100 | get 0.0050% / 4h | 55m 02s | $12.4M | $47.2M | 75x |
Extended RENDER-USD
Binance RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$0.84
- Price spread: +0.074% → +0.030%
- $4.49
- Slippage, 4 orders
- −$59.17
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$70.53
- Costs to cover
- 0.742%
- Break-even
- never at this rate
Slippage from Extended: live order book, 21 min ago; Binance: 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 Extended live order book, 21 min ago | 12.18 bp | 23.9 bp −$24 | 193.8 bp −$1,938 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 2.69 bp | 11.2 bp −$11 | 24.5 bp −$245 | 134.3 bp −$13.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RENDER | −0.0184% | 4h | 1.8577 | −0.154% | $225K | $297K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8617 | +0.058% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8610 | +0.021% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8610 | +0.021% | $269K | $173K | 20x | as long as short |
| Binance RENDERUSDTshort | +0.0100% | 4h | 1.8620 | +0.074% | $12.4M | $47.2M | 75x | |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8594 | −0.065% | $12.0M | $13.6M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8620 | +0.074% | $3.2M | $8.4M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8603 | −0.017% | $538K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8610 | +0.021% | $12.0M | $10.4M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8600 | −0.033% | $5.1M | $12.5M | 50x | as long as short |
Variational Omni RENDER
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Aster 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 | 1.8613 | +0.037% | $10.0M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8610 | +0.021% | — | $4.2M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8597 | −0.049% | $43K | $266K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8600 | −0.033% | $1.8M | $3.9M | 50x | as long as short |
| Extended RENDER-USDlong | +0.0104% | 1h | 1.8606 | long leg | $31K | $178K | 10x | |
| Injective RENDER/USDC PERP | +0.0110% | 1h | 1.8610 | +0.021% | $6K | $187K | 12x | as long as short |
| Phoenix RENDER | +0.0131% | 1h | 1.8599 | −0.038% | $47K | $333K | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0256% | 1h | 1.8440 | −0.893% | $152K | $65K | 50x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8630 | +0.128% | $591K | $1.3M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0364% / S −0.0912% | 1h | 1.8603 | −0.016% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0595% | 1h | 1.8635 | +0.156% | $483K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.1777% | 1h | 1.8662 | +0.299% | $4.3M | $3.5M | 5x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Injective RENDER/USDC PERP
Phoenix RENDER
Coinbase International RENDER-PERP-INTX
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER