Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Gate against Aster−0.216%7-day average −0.117% · 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−$167as in the Price arb table
costs, in and out, $10k−$1571.573% of the position
Funding, last 5 days (all we have)−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.216%, 7d avg −0.117%
=Together, before fees−0.056%+ Points / potential airdropAster: Stage 5 · farm board−$6 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: Gate is 0.099% cheaper against Aster than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.117%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster RENDERUSDT | 1.8475 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $273K | $190K | 20x |
| Short | Gate RENDER_USDT | 1.8435 | 0.0100 | get 0.0050% / 4h | 3h 29m | $523K | $1.1M | 50x |
Aster RENDERUSDT
Gate RENDER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.216% → −0.117%
- −$9.87
- Slippage, 4 orders
- −$134.31
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$167.19
- Costs to cover
- 1.573%
- Break-even
- never at this rate
Slippage from Aster: live order book, 18 min ago; Gate: live order book, 3 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, 18 min ago | 8.25 bp | 35.7 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 8.64 bp | 54.7 bp −$55 | 158.3 bp −$1,583 | doesn't fit | 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 | −0.0120% | 1h | 1.8540 | +0.352% | $6K | $92K | 12x | as long as short |
| Variational Omni RENDER | −0.0078% | 4h | 1.8515 | +0.215% | $222K | $254K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8450 | −0.135% | $19K | $22K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8466 | −0.048% | $11K | $57K | 25x | as long as short |
| Aster RENDERUSDTlong | +0.0100% | 4h | 1.8475 | long leg | $273K | $190K | 20x | |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8442 | −0.179% | $12.1M | $48.7M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8360 | −0.622% | $12.0M | $14.6M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8390 | −0.460% | $3.2M | $8.6M | 20x | as long as short |
| Gate RENDER_USDTshort | +0.0100% | 4h | 1.8435 | −0.216% | $523K | $1.1M | 50x | |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8440 | −0.189% | $11.1M | $9.9M | 200x | as long as short |
Injective RENDER/USDC PERP
Variational Omni RENDER
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
MEXC RENDER_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8440 | −0.189% | $5.2M | $13.3M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8450 | −0.135% | $9.9M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8440 | −0.189% | — | $4.2M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8544 | +0.374% | $44K | $259K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8460 | −0.081% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8447 | −0.150% | $31K | $179K | 10x | as long as short |
| Phoenix RENDER | +0.0220% | 1h | 1.8456 | −0.103% | $40K | $335K | 5x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0337% / S −0.0785% | 1h | 1.8474 | −0.005% | $14K | — | 100x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8530 | +0.298% | $578K | $1.4M | 90x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0440% | 1h | 1.8580 | +0.569% | $156K | $61K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1002% | 1h | 1.8500 | +0.137% | $481K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.1316% | 1h | 1.8497 | +0.119% | $4.2M | $4.3M | 5x | as long as short |
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
GMX RENDER/USD [ETH-USDC]
BloFin RENDER-USDT
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER