Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: MEXC against Bybit+0.089%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 7 days−0.052%−$5 · spread now +0.089%, 7d avg +0.056%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.033% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RENDERUSDT | 1.7994 | 0.0100 | pay 0.0050% / 4h | 3h 57m | $11.8M | $12.1M | 50x |
| Short | MEXC RENDER_USDT | 1.8010 | 0.0100 | get 0.0050% / 4h | 3h 57m | $10.5M | $11.4M | 200x |
Bybit RENDERUSDT
MEXC RENDER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- Price spread: +0.089% → +0.056%
- $3.31
- Slippage, 4 orders
- −$24.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$31.95
- Costs to cover
- 0.353%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 2.77 bp | 12.9 bp −$13 | 34.4 bp −$344 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.77 bp | 2.8 bp −$3 | 11.9 bp −$119 | 53.5 bp −$5,352 | 213.6 bp −$106.8K |
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 | −0.0013% | 1h | 1.8060 | +0.367% | $11K | $194K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8080 | +0.478% | $18K | $22K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8004 | +0.056% | $18K | $22K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8012 | +0.098% | $276K | $190K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.7992 | −0.009% | $11.7M | $44.7M | 75x | as long as short |
| Bybit RENDERUSDTlong | +0.0100% | 4h | 1.7994 | long leg | $11.8M | $12.1M | 50x | |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8000 | +0.033% | $3.1M | $7.9M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.7995 | +0.006% | $513K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDTshort | +0.0100% | 4h | 1.8010 | +0.089% | $10.5M | $11.4M | 200x | |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8010 | +0.089% | $4.8M | $9.8M | 50x | as long as short |
Injective RENDER/USDC PERP
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
KuCoin RENDERUSDTMShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.0100% | 4h | 1.7998 | +0.022% | $9.8M | $10.4M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.7990 | −0.022% | — | $5.1M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8053 | +0.325% | $256K | $314K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8046 | +0.289% | $40K | $247K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8010 | +0.089% | $1.8M | $3.8M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8005 | +0.062% | $26K | $254K | 10x | as long as short |
| Phoenix RENDER | +0.0266% | 1h | 1.8080 | +0.478% | $46K | $306K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8090 | +0.534% | $601K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0361% / S −0.0906% | 1h | 1.7989 | −0.030% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0426% | 1h | 1.8017 | +0.128% | $421K | $1.4M | 50x | as long as short |
| Hyperliquid RENDER | +0.0487% | 1h | 1.8021 | +0.148% | $4.1M | $3.2M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0624% | 1h | 1.8160 | +0.923% | $149K | $56K | 50x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX