Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Bybit against BingX−0.054%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$560.563% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 7 days+0.091%+$9 · spread now −0.054%, 7d avg −0.039%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RENDER-USDT | 1.8390 | 0.0100 | pay 0.0050% / 4h | 1h 51m | — | $4.4M | — |
| Short | Bybit RENDERUSDT | 1.8380 | 0.0100 | get 0.0050% / 4h | 1h 51m | $12.0M | $14.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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: −0.054% → −0.039%
- −$1.55
- Slippage, 4 orders
- −$35.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$57.89
- Costs to cover
- 0.563%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; Bybit: 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 BingX live order book, 14 min ago | 5.43 bp | 15.1 bp −$15 | 22.1 bp −$221 | 79.8 bp −$7,984 | 696.9 bp −$348.5K |
| Sell Bybit live order book, 2 min ago | 2.72 bp | 15.5 bp −$15 | 39.8 bp −$398 | 423.4 bp −$42.3K | 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 | −0.0576% | 1h | 1.8390 | 0.000% | $6K | $165K | 12x | as long as short |
| Variational Omni RENDER | −0.0355% | 4h | 1.8443 | +0.291% | $222K | $296K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8398 | +0.044% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8394 | +0.022% | $10K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8390 | 0.000% | $263K | $182K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8393 | +0.018% | $12.2M | $48.6M | 75x | as long as short |
| Bybit RENDERUSDTshort | +0.0100% | 4h | 1.8380 | −0.054% | $12.0M | $14.2M | 50x | |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8390 | 0.000% | $3.1M | $8.5M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8409 | +0.103% | $536K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8390 | 0.000% | $11.4M | $10.3M | 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 | 1.8380 | −0.054% | $5.0M | $12.9M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8396 | +0.033% | $9.9M | $10.4M | 50x | as long as short |
| BingX RENDER-USDTlong | +0.0100% | 4h | 1.8390 | long leg | — | $4.4M | — | |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8410 | +0.109% | $43K | $268K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8400 | +0.054% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8390 | +0.002% | $31K | $178K | 10x | as long as short |
| Phoenix RENDER | +0.0131% | 1h | 1.8408 | +0.098% | $40K | $325K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8370 | −0.109% | $591K | $1.3M | 90x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0352% | 1h | 1.8670 | +1.523% | $154K | $69K | 50x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0361% / S −0.0904% | 1h | 1.8393 | +0.016% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0580% | 1h | 1.8421 | +0.169% | $468K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0802% | 1h | 1.8430 | +0.218% | $4.2M | $3.6M | 5x | as long as short |
BingX RENDER-USDT
Bybit RENDERUSDT
Injective RENDER/USDC PERP
Variational Omni RENDER
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
Coinbase International RENDER-PERP-INTX
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER