Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.010%
Price spread now: Extended against Bybit+0.010%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$760.764% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.010%, 7d avg +0.069%
=Together, before fees+0.042%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.059% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.069%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RENDERUSDT | 1.8802 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $12.0M | $12.7M | 50x |
| Short | Extended RENDER-USD | 1.8804 | 0.0104 | get 0.0013% / 1h | 41m 42s | $28K | $203K | 10x |
Bybit RENDERUSDT
Extended RENDER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $0.84
- Price spread: +0.010% → +0.069%
- −$5.89
- Slippage, 4 orders
- −$60.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$81.41
- Costs to cover
- 0.764%
- Break-even
- 685.4 days
Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 20 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 Bybit live order book, 2 min ago | 5.31 bp | 12.8 bp −$13 | 35.5 bp −$355 | doesn't fit | doesn't fit |
| Sell Extended live order book, 20 min ago | 11.63 bp | 21.9 bp −$22 | 58.6 bp −$586 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX RENDER-USD | 0.0000% | 1h | 1.8786 | −0.083% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8799 | −0.016% | $11K | $30K | 25x | as long as short |
| Injective RENDER/USDC PERP | +0.0036% | 1h | 1.8740 | −0.330% | $6K | $188K | 12x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8815 | +0.068% | $12.5M | $44.9M | 75x | as long as short |
| Bybit RENDERUSDTlong | +0.0100% | 4h | 1.8802 | long leg | $12.0M | $12.7M | 50x | |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8820 | +0.096% | $3.2M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8795 | −0.037% | $569K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8790 | −0.064% | $11.3M | $10.7M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8800 | −0.011% | $5.2M | $11.8M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8794 | −0.043% | $10.2M | $10.3M | 50x | as long as short |
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Injective RENDER/USDC PERP
Binance 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-USDT | +0.0100% | 4h | 1.8800 | −0.011% | — | $3.5M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8677 | −0.666% | $230K | $276K | — | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8800 | −0.011% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USDshort | +0.0104% | 1h | 1.8804 | +0.010% | $28K | $203K | 10x | |
| Aster RENDERUSDT | +0.0108% | 4h | 1.8833 | +0.165% | $272K | $139K | 20x | as long as short |
| Phoenix RENDER | +0.0259% | 1h | 1.8750 | −0.277% | $48K | $246K | 5x | as long as short |
| ApeX Omni RENDERUSDT | +0.0340% | 1h | 1.8733 | −0.367% | $47K | $252K | 50x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8770 | −0.170% | $579K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0368% / S −0.0912% | 1h | 1.8791 | −0.059% | $16K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0456% | 1h | 1.8830 | +0.149% | $153K | $53K | 50x | as long as short |
| Hyperliquid RENDER | +0.0949% | 1h | 1.8831 | +0.153% | $4.3M | $3.2M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1421% | 1h | 1.8825 | +0.124% | $491K | $1.0M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
Phemex RENDERUSDT
Aster RENDERUSDT
Phoenix RENDER
ApeX Omni RENDERUSDT
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD