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: MEXC against BingX+0.053%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$340.338% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now +0.053%, 7d avg +0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.040% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RENDER-USDT | 1.8710 | 0.0100 | pay 0.0050% / 4h | 3h 13m | — | $3.9M | — |
| Short | MEXC RENDER_USDT | 1.8720 | 0.0100 | get 0.0050% / 4h | 3h 13m | $12.0M | $10.9M | 200x |
BingX RENDER-USDT
MEXC RENDER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.053% → +0.013%
- $4.04
- Slippage, 4 orders
- −$23.82
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$29.77
- Costs to cover
- 0.338%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; MEXC: 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 BingX live order book, 6 min ago | 2.67 bp | 12.3 bp −$12 | 21.9 bp −$219 | 66.6 bp −$6,664 | 734.7 bp −$367.4K |
| Sell MEXC live order book, 5 min ago | 2.67 bp | 2.7 bp −$3 | 6.4 bp −$64 | 85.9 bp −$8,591 | 219.3 bp −$109.6K |
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 | −0.0213% | 1h | 1.8630 | −0.428% | $6K | $188K | 12x | as long as short |
| Coinbase International RENDER-PERP-INTX | −0.0040% | 1h | 1.8830 | +0.641% | $155K | $65K | 50x | as long as short |
| Variational Omni RENDER | −0.0011% | 4h | 1.8797 | +0.465% | $231K | $280K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8707 | −0.016% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8729 | +0.102% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8736 | +0.140% | $270K | $146K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8722 | +0.062% | $12.5M | $46.1M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8703 | −0.037% | $12.1M | $13.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8730 | +0.107% | $3.2M | $8.2M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8697 | −0.069% | $528K | $1.1M | 50x | as long as short |
Injective RENDER/USDC PERP
Coinbase International RENDER-PERP-INTX
Variational Omni RENDER
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC RENDER_USDTshort | +0.0100% | 4h | 1.8720 | +0.053% | $12.0M | $10.9M | 200x | |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8710 | 0.000% | $5.2M | $12.0M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8724 | +0.075% | $10.1M | $10.4M | 50x | as long as short |
| BingX RENDER-USDTlong | +0.0100% | 4h | 1.8710 | long leg | — | $3.9M | — | |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8706 | −0.021% | $47K | $269K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8730 | +0.107% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8716 | +0.030% | $29K | $205K | 10x | as long as short |
| Phoenix RENDER | +0.0171% | 1h | 1.8752 | +0.224% | $48K | $324K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8820 | +0.588% | $598K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0365% / S −0.0912% | 1h | 1.8730 | +0.108% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0404% | 1h | 1.8750 | +0.213% | $481K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0842% | 1h | 1.8761 | +0.273% | $4.3M | $3.4M | 5x | as long as short |
KuCoin RENDERUSDTM
Bitget RENDERUSDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER