Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h −0.236%
Price spread now: Injective against Aster−0.083%97s7-day average −0.242% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)−0.340%−$34 on $10k
+Price spread, last 3 days (all we have)+0.151%+$15 · spread now −0.083%, 7d avg −0.242%
=Together, before fees−0.190%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Injective is 0.159% dearer against Aster than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.242%. Mind the row above: over the last 5 days funding on this pair cost −0.340%, so the current rate has only just turned in your favour. The two prices were read 97 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 | 1.8565 | 0.0100 | pay 0.0050% / 4h | 33m 40s | $268K | $166K | 20x |
| Short | Injective RENDER/USDC PERP | 1.8550 | 0.0110 | get 0.0014% / 1h | 33m 40s | $6K | $187K | 12x |
Aster RENDERUSDT
Injective RENDER/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $2.06
- Price spread: −0.083% → −0.242%
- $15.89
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $9.94
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Aster: live order book, 43 min ago; Injective: live order book, 60 min ago. Net counts fees only.
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, 43 min ago | 8.12 bp | 31.4 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective live order book, 60 min ago | 40.62 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RENDER | −0.0093% | 4h | 1.8543 | −0.121% | $224K | $296K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8558 | −0.042% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8528 | −0.202% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDTlong | +0.0100% | 4h | 1.8565 | long leg | $268K | $166K | 20x | |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8570 | +0.025% | $12.4M | $47.0M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8540 | −0.137% | $12.0M | $13.5M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8550 | −0.083% | $3.1M | $8.3M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8536 | −0.158% | $536K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8560 | −0.029% | $12.3M | $10.5M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8540 | −0.137% | $5.1M | $12.4M | 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 | 1.8562 | −0.018% | $10.0M | $10.2M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8540 | −0.137% | — | $4.2M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8569 | +0.019% | $43K | $266K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8550 | −0.083% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8556 | −0.048% | $31K | $178K | 10x | as long as short |
| Injective RENDER/USDC PERPshort | +0.0110% | 1h | 1.8550 | −0.083% | $6K | $187K | 12x | |
| Phoenix RENDER | +0.0173% | 1h | 1.8589 | +0.127% | $47K | $333K | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0256% | 1h | 1.8440 | −0.676% | $152K | $65K | 50x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8560 | −0.029% | $595K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0363% / S −0.0912% | 1h | 1.8512 | −0.290% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0598% | 1h | 1.8551 | −0.078% | $481K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.1746% | 1h | 1.8599 | +0.181% | $4.3M | $3.5M | 5x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
Coinbase International RENDER-PERP-INTX
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER