Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.160%
Price spread now: dYdX against MEXC+0.034%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. dYdX is 0.034% dearer against MEXC than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RENDER_USDT | 1.8410 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $11.0M | $10.9M | 200x |
| Short | dYdX RENDER-USD | 1.8416 | 0 | get 0.0000% / 1h | 20m 04s | $19K | $21K | 5x |
MEXC RENDER_USDT
dYdX RENDER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against MEXC. 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
- −$21
- Price spread: +0.034% → 0.000%
- $3.43
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$27.57
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 3 min ago; dYdX: no order-book sample. 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 MEXC live order book, 3 min ago | 2.70 bp | 8.1 bp −$8 | 14.2 bp −$142 | 49.5 bp −$4,949 | 215.6 bp −$107.8K |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
RENDER on 21 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 | −0.0344% | 1h | 1.8490 | +0.435% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USDshort | 0.0000% | 1h | 1.8416 | +0.034% | $19K | $21K | 5x | |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8413 | +0.016% | $10K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8433 | +0.125% | $266K | $143K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8423 | +0.068% | $12.1M | $45.9M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8400 | −0.054% | $11.8M | $12.9M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8430 | +0.109% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8412 | +0.011% | $564K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDTlong | +0.0100% | 4h | 1.8410 | long leg | $11.0M | $10.9M | 200x | |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8410 | 0.000% | $4.9M | $12.0M | 50x | as long as short |
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
KuCoin RENDERUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8435 | +0.136% | $9.9M | $10.6M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8420 | +0.054% | — | $3.8M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8422 | +0.063% | $227K | $277K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8503 | +0.505% | $46K | $258K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8410 | 0.000% | $1.8M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8405 | −0.028% | $28K | $197K | 10x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0168% | 1h | 1.8520 | +0.598% | $151K | $59K | 50x | as long as short |
| Phoenix RENDER | +0.0217% | 1h | 1.8477 | +0.364% | $47K | $297K | 5x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0364% / S −0.0912% | 1h | 1.8411 | +0.008% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0668% | 1h | 1.8439 | +0.156% | $488K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0826% | 1h | 1.8452 | +0.228% | $4.2M | $3.3M | 5x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Coinbase International RENDER-PERP-INTX
Phoenix RENDER
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER