Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX0.000%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$600.605% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.025% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RENDER-USDT-SWAP | 1.8640 | 0.0100 | pay 0.0050% / 4h | 3h 11m | $3.2M | $8.2M | 20x |
| Short | BingX RENDER-USDT | 1.8640 | 0.0100 | get 0.0050% / 4h | 3h 11m | — | $3.9M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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: 0.000% → −0.025%
- $2.52
- Slippage, 4 orders
- −$40.49
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$57.97
- Costs to cover
- 0.605%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; BingX: live order book, 9 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 OKX live order book, 2 min ago | 2.68 bp | 18.7 bp −$19 | 63.0 bp −$630 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 2.67 bp | 10.9 bp −$11 | 17.7 bp −$177 | 64.1 bp −$6,413 | 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 | −0.0213% | 1h | 1.8840 | +1.073% | $6K | $188K | 12x | as long as short |
| Coinbase International RENDER-PERP-INTX | −0.0040% | 1h | 1.8830 | +1.019% | $155K | $65K | 50x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.0018% | 1h | 1.8629 | −0.059% | $11K | $30K | 25x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8647 | +0.038% | $19K | $21K | 5x | as long as short |
| Variational Omni RENDER | +0.0021% | 4h | 1.8622 | −0.097% | $229K | $279K | — | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8660 | +0.107% | $269K | $146K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8640 | −0.001% | $12.5M | $46.1M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8620 | −0.107% | $12.1M | $13.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAPlong | +0.0100% | 4h | 1.8640 | long leg | $3.2M | $8.2M | 20x | |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8643 | +0.016% | $527K | $1.1M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8630 | −0.054% | $11.9M | $10.9M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8630 | −0.054% | $5.3M | $12.0M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8645 | +0.027% | $10.0M | $10.5M | 50x | as long as short |
| BingX RENDER-USDTshort | +0.0100% | 4h | 1.8640 | 0.000% | — | $3.9M | — | |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8869 | +1.229% | $47K | $269K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8630 | −0.054% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8637 | −0.018% | $29K | $205K | 10x | as long as short |
| Phoenix RENDER | +0.0171% | 1h | 1.8727 | +0.467% | $48K | $324K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8660 | +0.107% | $593K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0365% / S −0.0912% | 1h | 1.8639 | −0.008% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0406% | 1h | 1.8657 | +0.091% | $478K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0847% | 1h | 1.8692 | +0.279% | $4.3M | $3.4M | 5x | as long as short |
OKX RENDER-USDT-SWAP
BingX RENDER-USDT
Injective RENDER/USDC PERP
Coinbase International RENDER-PERP-INTX
Deribit RENDER_USDC-PERPETUAL
Variational Omni RENDER
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER