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 OKX−0.055%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.408% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 7 days+0.104%+$10 · spread now −0.055%, 7d avg −0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.039% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RENDER-USDT-SWAP | 1.8060 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $3.1M | $8.3M | 20x |
| Short | MEXC RENDER_USDT | 1.8050 | 0.0100 | get 0.0050% / 4h | 1h 31m | $11.3M | $11.6M | 200x |
OKX RENDER-USDT-SWAP
MEXC RENDER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.055% → −0.016%
- −$3.94
- Slippage, 4 orders
- −$30.8
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$44.74
- Costs to cover
- 0.408%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 2 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 | 2.77 bp | 16.8 bp −$17 | 47.3 bp −$473 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.77 bp | 2.8 bp −$3 | 10.0 bp −$100 | 46.1 bp −$4,613 | 204.7 bp −$102.4K |
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 | −0.0354% | 1h | 1.8070 | +0.055% | $11K | $194K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8046 | −0.078% | $18K | $37K | 25x | as long as short |
| dYdX RENDER-USD | +0.0031% | 1h | 1.8037 | −0.128% | $18K | $22K | 5x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8060 | 0.000% | $11.7M | $47.3M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8040 | −0.111% | $11.8M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAPlong | +0.0100% | 4h | 1.8060 | long leg | $3.1M | $8.3M | 20x | |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8037 | −0.127% | $518K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDTshort | +0.0100% | 4h | 1.8050 | −0.055% | $11.3M | $11.6M | 200x | |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8060 | 0.000% | $4.8M | $10.6M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8055 | −0.028% | $9.8M | $10.8M | 50x | as long as short |
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Binance RENDERUSDT
Bybit RENDERUSDT
Gate RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | +0.0100% | 4h | 1.8050 | −0.055% | — | $5.2M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8012 | −0.267% | $255K | $314K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8047 | −0.072% | $40K | $251K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8060 | 0.000% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8048 | −0.067% | $26K | $167K | 10x | as long as short |
| Aster RENDERUSDT | +0.0118% | 4h | 1.8082 | +0.122% | $277K | $177K | 20x | as long as short |
| Hyperliquid RENDER | +0.0291% | 1h | 1.8070 | +0.055% | $4.1M | $3.4M | 5x | as long as short |
| Phoenix RENDER | +0.0309% | 1h | 1.8050 | −0.055% | $46K | $348K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8040 | −0.111% | $605K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0361% / S −0.0906% | 1h | 1.8042 | −0.101% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0560% | 1h | 1.8160 | +0.554% | $150K | $61K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1213% | 1h | 1.8055 | −0.026% | $419K | $1.5M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Aster RENDERUSDT
Hyperliquid RENDER
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD