Funding you earn now, next payment 23:00 UTC+0.0680%/8h= +74.4% APRnext payment +$0.85 per $10,000 · paid last 24h +0.236%
Price spread now: Extended against Injective−0.070%7-day average +0.144% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.325%+$32 on $10k
+Price spread, last 3 days (all we have)+0.122%+$12 · spread now −0.070%, 7d avg +0.144%
=Together, before fees+0.446%+ Points / potential airdropExtended: Active · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.214% cheaper against Injective than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of +0.144%). If the spread goes back, that is −$21 on $10k: about 25 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.325% in total) that is about 4.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.325% in total (about 16.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective RENDER/USDC PERP | 1.8450 | −0.0576 | get 0.0072% / 1h | 38m 36s | $6K | $187K | 12x |
| Short | Extended RENDER-USD | 1.8437 | 0.0104 | get 0.0013% / 1h | 38m 36s | $31K | $178K | 10x |
Injective RENDER/USDC PERP
Extended RENDER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $142.77
- Price spread: −0.070% → +0.144%
- −$21.4
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $116.35
- Costs to cover
- 0.050%
- Break-even
- 1.3 days
Slippage unknown: Injective: live order book, 60 min ago; Extended: live order book, 43 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, 60 min ago | 10.69 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 43 min ago | 11.51 bp | 23.0 bp −$23 | 74.5 bp −$745 | 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 PERPlong | −0.0576% | 1h | 1.8450 | long leg | $6K | $187K | 12x | |
| Variational Omni RENDER | −0.0291% | 4h | 1.8433 | −0.093% | $222K | $296K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8438 | −0.067% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8434 | −0.087% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8466 | +0.085% | $264K | $177K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8445 | −0.030% | $12.2M | $48.2M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8426 | −0.130% | $12.0M | $14.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8450 | 0.000% | $3.1M | $8.5M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8443 | −0.038% | $537K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8440 | −0.054% | $12.0M | $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 | 1.8430 | −0.108% | $5.0M | $12.8M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8446 | −0.022% | $9.9M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8440 | −0.054% | — | $4.3M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8458 | +0.043% | $43K | $268K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8440 | −0.054% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USDshort | +0.0104% | 1h | 1.8437 | −0.070% | $31K | $178K | 10x | |
| Phoenix RENDER | +0.0131% | 1h | 1.8459 | +0.049% | $40K | $325K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8440 | −0.054% | $593K | $1.3M | 90x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0352% | 1h | 1.8670 | +1.192% | $154K | $67K | 50x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0361% / S −0.0904% | 1h | 1.8443 | −0.038% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0579% | 1h | 1.8470 | +0.108% | $471K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0695% | 1h | 1.8477 | +0.146% | $4.2M | $3.6M | 5x | as long as short |
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Phoenix RENDER
BloFin RENDER-USDT
Coinbase International RENDER-PERP-INTX
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER