Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: BingX against Aster−0.035%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$670.673% of the position
Funding, last 6 days (all we have)+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.035%, 7d avg −0.094%
=Together, before fees−0.029%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.059% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster RENDERUSDT | 1.8286 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $268K | $155K | 20x |
| Short | BingX RENDER-USDT | 1.8280 | 0.0100 | get 0.0050% / 4h | 3h 32m | — | $3.4M | — |
Aster RENDERUSDT
BingX RENDER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aster. 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: −0.035% → −0.094%
- $5.92
- Slippage, 4 orders
- −$49.32
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$61.41
- Costs to cover
- 0.673%
- Break-even
- never at this rate
Slippage from Aster: live order book, 19 min ago; BingX: 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 Aster live order book, 19 min ago | 5.41 bp | 17.7 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.46 bp | 13.2 bp −$13 | 27.3 bp −$273 | 83.8 bp −$8,381 | 1019.0 bp −$509.5K |
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 | −0.0572% | 1h | 1.8310 | +0.129% | $12K | $194K | 12x | as long as short |
| dYdX RENDER-USD | +0.0060% | 1h | 1.8287 | +0.002% | $19K | $23K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | +0.0078% | 1h | 1.8298 | +0.064% | $13K | $33K | 25x | as long as short |
| Aster RENDERUSDTlong | +0.0100% | 4h | 1.8286 | long leg | $268K | $155K | 20x | |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8280 | −0.035% | $11.9M | $47.1M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8270 | −0.089% | $11.7M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8280 | −0.035% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8273 | −0.073% | $535K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8280 | −0.035% | $12.4M | $11.2M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8300 | +0.075% | $4.9M | $11.3M | 50x | as long as short |
Injective RENDER/USDC PERP
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTMShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8287 | +0.004% | $10.0M | $10.7M | 50x | as long as short |
| BingX RENDER-USDTshort | +0.0100% | 4h | 1.8280 | −0.035% | — | $3.4M | — | |
| Variational Omni RENDER | +0.0100% | 4h | 1.8262 | −0.134% | $260K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8289 | +0.015% | $40K | $256K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8290 | +0.020% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8275 | −0.064% | $26K | $201K | 10x | as long as short |
| Phoenix RENDER | +0.0303% | 1h | 1.8308 | +0.118% | $47K | $326K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8300 | +0.075% | $567K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0372% / S −0.0956% | 1h | 1.8290 | +0.018% | $16K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0580% | 1h | 1.8314 | +0.151% | $4.1M | $3.3M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0616% | 1h | 1.8430 | +0.786% | $153K | $58K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1046% | 1h | 1.8320 | +0.184% | $497K | $1.2M | 50x | as long as short |
Bitget RENDERUSDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD