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: Gate against Binance−0.043%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1421.421% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.043%, 7d avg −0.050%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RENDERUSDT | 1.8223 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $12.1M | $46.3M | 75x |
| Short | Gate RENDER_USDT | 1.8215 | 0.0100 | get 0.0050% / 4h | 2h 54m | $512K | $1.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.043% → −0.050%
- $0.7
- Slippage, 4 orders
- −$117.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$141.42
- Costs to cover
- 1.421%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago | 2.73 bp | 14.4 bp −$14 | 31.1 bp −$311 | 211.7 bp −$21.2K | doesn't fit |
| Sell Gate live order book, 2 min ago | 7.66 bp | 51.8 bp −$52 | 216.8 bp −$2,168 | 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 | −0.0344% | 1h | 1.8220 | −0.015% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8217 | −0.032% | $18K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8201 | −0.119% | $10K | $30K | 25x | as long as short |
| Variational Omni RENDER | +0.0085% | 4h | 1.8222 | −0.003% | $224K | $279K | — | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8236 | +0.074% | $264K | $142K | 20x | as long as short |
| Binance RENDERUSDTlong | +0.0100% | 4h | 1.8223 | long leg | $12.1M | $46.3M | 75x | |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8210 | −0.070% | $11.7M | $13.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8230 | +0.040% | $3.1M | $8.0M | 20x | as long as short |
| Gate RENDER_USDTshort | +0.0100% | 4h | 1.8215 | −0.043% | $512K | $1.0M | 50x | |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8240 | +0.095% | $11.0M | $10.8M | 200x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8240 | +0.095% | $4.9M | $12.1M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8226 | +0.018% | $9.7M | $10.6M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8230 | +0.040% | — | $3.9M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8354 | +0.720% | $46K | $269K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8240 | +0.095% | $1.8M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8235 | +0.070% | $28K | $201K | 10x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0168% | 1h | 1.8250 | +0.149% | $149K | $64K | 50x | as long as short |
| Phoenix RENDER | +0.0171% | 1h | 1.8384 | +0.885% | $47K | $297K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8230 | +0.040% | $585K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0363% / S −0.0912% | 1h | 1.8203 | −0.106% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0675% | 1h | 1.8237 | +0.077% | $469K | $1.0M | 50x | as long as short |
| Hyperliquid RENDER | +0.0712% | 1h | 1.8235 | +0.067% | $4.2M | $3.4M | 5x | as long as short |
Binance RENDERUSDT
Gate RENDER_USDT
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
Variational Omni RENDER
Aster RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Coinbase International RENDER-PERP-INTX
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER