Funding you earn now, next payment 23:00 UTC+0.0916%/8h= +100.3% APRpaid last 24h +0.307%
Price spread now: BloFin against Injective+0.054%7-day average +0.208% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.809%+$81 on $10k
+Price spread, last 3 days (all we have)−0.205%−$20 · spread now +0.054%, 7d avg +0.208%
=Funding pays, the price is against you. BloFin is 0.153% cheaper against Injective than usual: you would sell low and buy high (spread +0.054% now, against its 7-day average of +0.208%). If the spread goes back, that is −$15 on $10k: about 13 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.809% in total) that is about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective RENDER/USDC PERP | 1.8370 | −0.0576 | get 0.0072% / 1h | 34m 04s | $6K | $187K | 12x |
| Short | BloFin RENDER-USDT | 1.8380 | 0.0340 | get 0.0170% / 4h | 1h 34m | $591K | $1.3M | 90x |
Injective RENDER/USDC PERP
BloFin RENDER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Injective. 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
- $192.33
- Price spread: +0.054% → +0.208%
- −$15.34
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $164.96
- Costs to cover
- 0.120%
- Break-even
- 1.0 days
Slippage unknown: Injective: live order book, 65 min ago; BloFin: live order book, 3 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 Injective live order book, 65 min ago | 10.69 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 8.15 bp | 14.1 bp −$14 | 25.5 bp −$255 | 73.0 bp −$7,304 | 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 PERPlong | −0.0576% | 1h | 1.8370 | long leg | $6K | $187K | 12x | |
| Variational Omni RENDER | −0.0306% | 4h | 1.8373 | +0.016% | $222K | $296K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8383 | +0.069% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8382 | +0.065% | $10K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8382 | +0.068% | $262K | $172K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8380 | +0.054% | $12.2M | $48.1M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8360 | −0.054% | $12.0M | $14.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8390 | +0.109% | $3.1M | $8.4M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8379 | +0.049% | $535K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8380 | +0.054% | $11.7M | $10.4M | 200x | as long as short |
Variational Omni RENDER
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8360 | −0.054% | $5.0M | $12.8M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8385 | +0.082% | $9.8M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8390 | +0.109% | — | $4.3M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8447 | +0.419% | $43K | $268K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8370 | 0.000% | $1.8M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8372 | +0.011% | $31K | $178K | 10x | as long as short |
| Phoenix RENDER | +0.0131% | 1h | 1.8459 | +0.484% | $40K | $325K | 5x | as long as short |
| BloFin RENDER-USDTshort | +0.0340% | 4h | 1.8380 | +0.054% | $591K | $1.3M | 90x | |
| Coinbase International RENDER-PERP-INTX | +0.0352% | 1h | 1.8670 | +1.633% | $154K | $67K | 50x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0360% / S −0.0904% | 1h | 1.8371 | +0.006% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0581% | 1h | 1.8405 | +0.188% | $465K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0672% | 1h | 1.8413 | +0.234% | $4.2M | $3.6M | 5x | as long as short |
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
Coinbase International RENDER-PERP-INTX
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER