Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.028%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$990.985% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.028%, 7d avg +0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RENDER_USDT | 1.8125 | 0.0100 | pay 0.0050% / 4h | 3h 08m | $530K | $1.3M | 50x |
| Short | MEXC RENDER_USDT | 1.8130 | 0.0100 | get 0.0050% / 4h | 3h 08m | $12.3M | $11.2M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- Price spread: +0.028% → +0.013%
- $1.5
- Slippage, 4 orders
- −$83.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$97.01
- Costs to cover
- 0.985%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; MEXC: live order book, 5 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 Gate live order book, 4 min ago | 3.29 bp | 42.3 bp −$42 | 157.8 bp −$1,578 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.74 bp | 2.7 bp −$3 | 9.3 bp −$93 | 44.3 bp −$4,428 | 200.5 bp −$100.3K |
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 | −0.0572% | 1h | 1.8240 | +0.634% | $11K | $194K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | +0.0026% | 1h | 1.8135 | +0.055% | $16K | $35K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8144 | +0.105% | $266K | $155K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8139 | +0.078% | $11.8M | $47.1M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8120 | −0.028% | $11.6M | $13.1M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8140 | +0.083% | $3.1M | $8.0M | 20x | as long as short |
| Gate RENDER_USDTlong | +0.0100% | 4h | 1.8125 | long leg | $530K | $1.3M | 50x | |
| MEXC RENDER_USDTshort | +0.0100% | 4h | 1.8130 | +0.028% | $12.3M | $11.2M | 200x | |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8140 | +0.083% | $4.8M | $11.1M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8141 | +0.088% | $9.9M | $10.6M | 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 | 1.8130 | +0.028% | — | $3.4M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8222 | +0.533% | $259K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8264 | +0.767% | $40K | $250K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8140 | +0.083% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8134 | +0.050% | $26K | $197K | 10x | as long as short |
| dYdX RENDER-USD | +0.0174% | 1h | 1.8177 | +0.286% | $18K | $32K | 5x | as long as short |
| Phoenix RENDER | +0.0303% | 1h | 1.8256 | +0.723% | $47K | $326K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8220 | +0.524% | $562K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0371% / S −0.0956% | 1h | 1.8123 | −0.012% | $16K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0565% | 1h | 1.8145 | +0.110% | $4.1M | $3.3M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0616% | 1h | 1.8150 | +0.138% | $151K | $57K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1056% | 1h | 1.8157 | +0.178% | $490K | $1.2M | 50x | as long as short |
Gate RENDER_USDT
MEXC RENDER_USDT
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
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