Funding you earn now, next payment 22:00 UTC+0.0642%/8h= +70.3% APRpaid last 24h +0.091%
Price spread now: Kraken Futures against Aster+0.112%7-day average −0.002% · 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−$84as in the Price arb table
costs, in and out, $10k−$950.951% of the position
Funding, last 5 days (all we have)+0.670%+$67 on $10k
+Price spread, last 3 days (all we have)−0.519%−$52 · spread now +0.112%, 7d avg −0.002%
=Together, before fees+0.151%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Kraken Futures is 0.114% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster RENDERUSDT | 1.8722 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $272K | $195K | 20x |
| Short | Kraken Futures PF_RENDERUSD | 1.8743 | 0.0742 | get 0.0093% / 1h | 33m 30s | $490K | $1.1M | 50x |
Aster RENDERUSDT
Kraken Futures PF_RENDERUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $134.79
- Price spread: +0.112% → −0.002%
- $11.42
- Slippage, 4 orders
- −$77.05
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $51.15
- Costs to cover
- 0.951%
- Break-even
- 4.3 days
Slippage from Aster: live order book, 53 min ago; Kraken Futures: 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, 53 min ago | 8.13 bp | 32.6 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 12.29 bp | 27.2 bp −$27 | 54.0 bp −$540 | 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 | −0.0440% | 1h | 1.8690 | −0.173% | $6K | $141K | 12x | as long as short |
| Variational Omni RENDER | −0.0249% | 4h | 1.8649 | −0.390% | $231K | $263K | — | as long as short |
| Bybit RENDERUSDT | −0.0101% | 4h | 1.8651 | −0.381% | $12.2M | $14.6M | 50x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.0070% | 1h | 1.8716 | −0.034% | $11K | $30K | 25x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8719 | −0.016% | $19K | $21K | 5x | as long as short |
| Aster RENDERUSDTlong | +0.0100% | 4h | 1.8722 | long leg | $272K | $195K | 20x | |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8688 | −0.185% | $12.5M | $49.0M | 75x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8690 | −0.173% | $3.2M | $8.8M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8696 | −0.141% | $547K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8690 | −0.173% | $12.0M | $10.2M | 200x | as long as short |
Injective RENDER/USDC PERP
Variational Omni RENDER
Bybit RENDERUSDT
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Binance RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
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 | 1.8680 | −0.227% | $5.2M | $13.0M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8693 | −0.157% | $10.0M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8680 | −0.227% | — | $4.3M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8687 | −0.189% | $45K | $265K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8700 | −0.120% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8688 | −0.186% | $31K | $178K | 10x | as long as short |
| Phoenix RENDER | +0.0173% | 1h | 1.8683 | −0.211% | $40K | $336K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8680 | −0.227% | $601K | $1.4M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0341% / S −0.0785% | 1h | 1.8715 | −0.039% | $14K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0520% | 1h | 1.8640 | −0.440% | $154K | $68K | 50x | as long as short |
| Kraken Futures PF_RENDERUSDshort | +0.0742% | 1h | 1.8743 | +0.112% | $490K | $1.1M | 50x | |
| Hyperliquid RENDER | +0.0840% | 1h | 1.8736 | +0.073% | $4.3M | $4.3M | 5x | as long as short |
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER