Funding you earn now, next payment 23:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h −0.048%
Price spread now: Aster against Coinbase International+0.680%7-day average −0.203% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1911.907% of the position
Funding, last 5 days (all we have)−0.414%−$41 on $10k
+Price spread, last 3 days (all we have)−0.909%−$91 · spread now +0.680%, 7d avg −0.203%
=Together, before fees−1.323%+ Points / potential airdropAster: Stage 5 · farm board−$132 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.883% dearer against Coinbase International than usual: you sell high and buy low (spread +0.680% now, against its 7-day average of −0.203%): +$88 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International RENDER-PERP-INTX | 1.8440 | 0.0256 | pay 0.0032% / 1h | 33m 44s | $152K | $65K | 50x |
| Short | Aster RENDERUSDT | 1.8565 | 0.0100 | get 0.0050% / 4h | 33m 44s | $268K | $166K | 20x |
Coinbase International RENDER-PERP-INTX
Aster RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Coinbase International. 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
- −$32.76
- Price spread: +0.680% → −0.203%
- $88.29
- Slippage, 4 orders
- −$172.7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$135.17
- Costs to cover
- 1.907%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 44 min ago; Aster: live order book, 43 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 Coinbase International live order book, 44 min ago | 16.27 bp | 72.8 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 43 min ago | 8.12 bp | 22.8 bp −$23 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RENDER | −0.0093% | 4h | 1.8543 | +0.558% | $224K | $296K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8558 | +0.638% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8528 | +0.477% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDTshort | +0.0100% | 4h | 1.8565 | +0.680% | $268K | $166K | 20x | |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8570 | +0.705% | $12.4M | $47.0M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8540 | +0.542% | $12.0M | $13.5M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8550 | +0.597% | $3.1M | $8.3M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8536 | +0.521% | $536K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8560 | +0.651% | $12.3M | $10.5M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8540 | +0.542% | $5.1M | $12.4M | 50x | as long as short |
Variational Omni RENDER
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC 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 | 1.8562 | +0.662% | $10.0M | $10.2M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8540 | +0.542% | — | $4.2M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8569 | +0.700% | $43K | $266K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8550 | +0.597% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8556 | +0.632% | $31K | $178K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0110% | 1h | 1.8550 | +0.597% | $6K | $187K | 12x | as long as short |
| Phoenix RENDER | +0.0173% | 1h | 1.8589 | +0.808% | $47K | $333K | 5x | as long as short |
| Coinbase International RENDER-PERP-INTXlong | +0.0256% | 1h | 1.8440 | long leg | $152K | $65K | 50x | |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8560 | +0.651% | $595K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0363% / S −0.0912% | 1h | 1.8512 | +0.389% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0598% | 1h | 1.8551 | +0.601% | $481K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.1746% | 1h | 1.8599 | +0.862% | $4.3M | $3.5M | 5x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Injective RENDER/USDC PERP
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER