Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: OKX against Extended+0.135%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$760.758% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.135%, 7d avg +0.043%
=Together, before fees−0.119%+ Points / potential airdropExtended: Active · farm board−$12 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: OKX is 0.092% dearer against Extended than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended RENDER-USD | 1.8026 | 0.0104 | pay 0.0013% / 1h | 34m 28s | $26K | $167K | 10x |
| Short | OKX RENDER-USDT-SWAP | 1.8050 | 0.0100 | get 0.0050% / 4h | 1h 34m | $3.1M | $8.3M | 20x |
Extended RENDER-USD
OKX RENDER-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.135% → +0.043%
- $9.24
- Slippage, 4 orders
- −$60.77
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$67.36
- Costs to cover
- 0.758%
- Break-even
- never at this rate
Slippage from Extended: live order book, 7 min ago; OKX: live order book, 4 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, 7 min ago | 9.68 bp | 20.5 bp −$20 | 257.3 bp −$2,573 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.77 bp | 18.6 bp −$19 | 52.9 bp −$529 | 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 | −0.0354% | 1h | 1.8070 | +0.246% | $11K | $194K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8027 | +0.007% | $18K | $37K | 25x | as long as short |
| dYdX RENDER-USD | +0.0028% | 1h | 1.8027 | +0.006% | $18K | $22K | 5x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8039 | +0.076% | $11.7M | $47.6M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8022 | −0.020% | $11.7M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAPshort | +0.0100% | 4h | 1.8050 | +0.135% | $3.1M | $8.3M | 20x | |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8020 | −0.031% | $517K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8020 | −0.031% | $11.3M | $11.6M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8030 | +0.024% | $4.8M | $10.6M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8035 | +0.052% | $9.8M | $10.8M | 50x | as long as short |
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Binance RENDERUSDT
Bybit RENDERUSDT
Gate RENDER_USDT
MEXC 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 | +0.024% | — | $5.2M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8012 | −0.077% | $255K | $314K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8034 | +0.046% | $40K | $250K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8020 | −0.031% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USDlong | +0.0104% | 1h | 1.8026 | long leg | $26K | $167K | 10x | |
| Aster RENDERUSDT | +0.0107% | 4h | 1.8072 | +0.258% | $277K | $177K | 20x | as long as short |
| Hyperliquid RENDER | +0.0276% | 1h | 1.8047 | +0.118% | $4.1M | $3.4M | 5x | as long as short |
| Phoenix RENDER | +0.0309% | 1h | 1.8045 | +0.107% | $46K | $348K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8030 | +0.024% | $604K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0361% / S −0.0906% | 1h | 1.8021 | −0.023% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0560% | 1h | 1.8160 | +0.745% | $150K | $61K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1214% | 1h | 1.8045 | +0.106% | $424K | $1.4M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Aster RENDERUSDT
Hyperliquid RENDER
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD