Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.070%
Price spread now: BloFin against Aster+0.163%92s7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.798% of the position
Funding, last 5 days (all we have)+0.367%+$37 on $10k
+Price spread, last 3 days (all we have)−0.371%−$37 · spread now +0.163%, 7d avg −0.062%
=Together, before fees−0.004%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.226% dearer against Aster than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.062%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster RENDERUSDT | 1.8699 | 0.0100 | pay 0.0050% / 4h | 7m 50s | $270K | $164K | 20x |
| Short | BloFin RENDER-USDT | 1.8730 | 0.0340 | get 0.0170% / 4h | 7m 50s | $595K | $1.3M | 90x |
Aster RENDERUSDT
BloFin RENDER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $50.4
- Price spread: +0.163% → −0.062%
- $22.56
- Slippage, 4 orders
- −$59.78
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$6.82
- Costs to cover
- 0.798%
- Break-even
- 7.9 days
Slippage from Aster: live order book, 4 min ago; BloFin: live order book, 5 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, 4 min ago | 13.40 bp | 30.8 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 2.69 bp | 8.7 bp −$9 | 18.6 bp −$186 | 62.4 bp −$6,235 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RENDER | −0.0085% | 4h | 1.8642 | −0.306% | $225K | $289K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8707 | +0.039% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8680 | −0.104% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDTlong | +0.0100% | 4h | 1.8699 | long leg | $270K | $164K | 20x | |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8690 | −0.051% | $12.5M | $46.9M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8678 | −0.115% | $12.1M | $13.4M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8680 | −0.104% | $3.2M | $8.3M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8681 | −0.099% | $539K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8690 | −0.051% | $12.1M | $10.7M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8660 | −0.211% | $5.2M | $12.3M | 50x | as long as short |
Variational Omni RENDER
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 | 1.8695 | −0.024% | $10.0M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8700 | +0.003% | — | $4.1M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8586 | −0.607% | $43K | $266K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8670 | −0.158% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8683 | −0.086% | $31K | $178K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0110% | 1h | 1.8670 | −0.158% | $6K | $187K | 12x | as long as short |
| Phoenix RENDER | +0.0173% | 1h | 1.8631 | −0.366% | $47K | $333K | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0256% | 1h | 1.8440 | −1.388% | $152K | $64K | 50x | as long as short |
| BloFin RENDER-USDTshort | +0.0340% | 4h | 1.8730 | +0.163% | $595K | $1.3M | 90x | |
| GMX RENDER/USD [ETH-USDC] | L +0.0365% / S −0.0912% | 1h | 1.8681 | −0.099% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0592% | 1h | 1.8714 | +0.078% | $480K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.1402% | 1h | 1.8734 | +0.185% | $4.4M | $3.4M | 5x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Injective RENDER/USDC PERP
Phoenix RENDER
Coinbase International RENDER-PERP-INTX
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER