Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance+0.042%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$600.598% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 7 days−0.102%−$10 · spread now +0.042%, 7d avg −0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.068% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RENDERUSDT | 1.8352 | 0.0100 | pay 0.0050% / 4h | 29m 14s | $12.1M | $47.4M | 75x |
| Short | BingX RENDER-USDT | 1.8360 | 0.0100 | get 0.0050% / 4h | 29m 14s | — | $3.6M | — |
Binance RENDERUSDT
BingX RENDER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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: +0.042% → −0.026%
- $6.8
- Slippage, 4 orders
- −$39.79
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$53
- Costs to cover
- 0.598%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; BingX: 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 Binance live order book, 13 min ago | 2.74 bp | 14.1 bp −$14 | 30.5 bp −$305 | 184.1 bp −$18.4K | doesn't fit |
| Sell BingX live order book, 5 min ago | 2.74 bp | 18.3 bp −$18 | 24.7 bp −$247 | 69.1 bp −$6,909 | 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 | −0.0223% | 1h | 1.8200 | −0.830% | $6K | $188K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8349 | −0.018% | $10K | $30K | 25x | as long as short |
| dYdX RENDER-USD | +0.0078% | 1h | 1.8367 | +0.078% | $19K | $23K | 5x | as long as short |
| Binance RENDERUSDTlong | +0.0100% | 4h | 1.8352 | long leg | $12.1M | $47.4M | 75x | |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8330 | −0.122% | $11.7M | $13.3M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8340 | −0.067% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8346 | −0.035% | $548K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8350 | −0.013% | $12.5M | $11.3M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8370 | +0.096% | $4.9M | $11.7M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8369 | +0.091% | $10.0M | $10.9M | 50x | as long as short |
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDTshort | +0.0100% | 4h | 1.8360 | +0.042% | — | $3.6M | — | |
| Variational Omni RENDER | +0.0100% | 4h | 1.8292 | −0.330% | $261K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8345 | −0.040% | $41K | $252K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8350 | −0.013% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8351 | −0.009% | $26K | $200K | 10x | as long as short |
| Aster RENDERUSDT | +0.0241% | 4h | 1.8360 | +0.042% | $266K | $151K | 20x | as long as short |
| Phoenix RENDER | +0.0299% | 1h | 1.8376 | +0.129% | $47K | $315K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8350 | −0.013% | $573K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0363% / S −0.0907% | 1h | 1.8344 | −0.046% | $15K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0505% | 1h | 1.8382 | +0.161% | $4.1M | $3.3M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8450 | +0.532% | $151K | $55K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1280% | 1h | 1.8375 | +0.121% | $478K | $1.1M | 50x | as long as short |
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Aster RENDERUSDT
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD