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: Binance against Bitget−0.007%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$650.654% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now −0.007%, 7d avg −0.017%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RENDERUSDT | 1.8941 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $10.4M | $10.7M | 50x |
| Short | Binance RENDERUSDT | 1.8940 | 0.0100 | get 0.0050% / 4h | 1h 17m | $12.6M | $47.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: −0.007% → −0.017%
- $0.94
- Slippage, 4 orders
- −$43.37
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$64.43
- Costs to cover
- 0.654%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 9 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 Bitget live order book, 1 min ago | 1.06 bp | 20.4 bp −$20 | 42.9 bp −$429 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.65 bp | 15.4 bp −$15 | 31.4 bp −$314 | 145.7 bp −$14.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX RENDER-USD | 0.0000% | 1h | 1.8926 | −0.078% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8949 | +0.042% | $11K | $30K | 25x | as long as short |
| Injective RENDER/USDC PERP | +0.0036% | 1h | 1.8880 | −0.322% | $6K | $188K | 12x | as long as short |
| Binance RENDERUSDTshort | +0.0100% | 4h | 1.8940 | −0.007% | $12.6M | $47.0M | 75x | |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8930 | −0.058% | $12.1M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8950 | +0.048% | $3.2M | $8.4M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8936 | −0.026% | $585K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8940 | −0.005% | $14.1M | $11.1M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8950 | +0.048% | $5.2M | $11.9M | 50x | as long as short |
| Bitget RENDERUSDTlong | +0.0100% | 4h | 1.8941 | long leg | $10.4M | $10.7M | 50x |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | +0.0100% | 4h | 1.8940 | −0.005% | — | $3.5M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8877 | −0.340% | $269K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8892 | −0.259% | $43K | $254K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8950 | +0.048% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8940 | −0.007% | $28K | $198K | 10x | as long as short |
| Aster RENDERUSDT | +0.0244% | 4h | 1.8979 | +0.202% | $275K | $145K | 20x | as long as short |
| Phoenix RENDER | +0.0259% | 1h | 1.8991 | +0.264% | $49K | $246K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8920 | −0.111% | $591K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0369% / S −0.0912% | 1h | 1.8940 | −0.008% | $16K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0456% | 1h | 1.9130 | +0.998% | $157K | $58K | 50x | as long as short |
| Hyperliquid RENDER | +0.0879% | 1h | 1.8972 | +0.164% | $4.3M | $3.2M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1410% | 1h | 1.8967 | +0.138% | $491K | $1.1M | 50x | as long as short |
Bitget RENDERUSDT
Binance RENDERUSDT
Deribit RENDER_USDC-PERPETUAL
Injective RENDER/USDC PERP
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Aster RENDERUSDT
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD