Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended−0.063%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$710.706% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.063%, 7d avg +0.003%
=Together, before fees+0.158%+ Points / potential airdropExtended: Active · farm board+$16 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: BingX is 0.066% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended RENDER-USD | 1.8602 | 0.0104 | pay 0.0013% / 1h | 46m 09s | $31K | $178K | 10x |
| Short | BingX RENDER-USDT | 1.8590 | 0.0100 | get 0.0050% / 4h | 2h 46m | — | $4.3M | — |
Extended RENDER-USD
BingX RENDER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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: −0.063% → +0.003%
- −$6.6
- Slippage, 4 orders
- −$55.64
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$78.08
- Costs to cover
- 0.706%
- Break-even
- never at this rate
Slippage from Extended: live order book, 40 min ago; BingX: live order book, 4 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 Extended live order book, 40 min ago | 12.23 bp | 25.5 bp −$26 | 224.5 bp −$2,245 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 2.69 bp | 10.6 bp −$11 | 19.4 bp −$194 | 64.0 bp −$6,396 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RENDER/USDC PERP | −0.0440% | 1h | 1.8530 | −0.386% | $6K | $92K | 12x | as long as short |
| Bybit RENDERUSDT | −0.0268% | 4h | 1.8560 | −0.224% | $12.1M | $14.6M | 50x | as long as short |
| Variational Omni RENDER | −0.0194% | 4h | 1.8565 | −0.197% | $223K | $255K | — | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.0180% | 1h | 1.8594 | −0.042% | $11K | $33K | 25x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8600 | −0.009% | $19K | $21K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8616 | +0.076% | $271K | $189K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8590 | −0.063% | $12.4M | $49.2M | 75x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8590 | −0.063% | $3.2M | $8.8M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8590 | −0.063% | $544K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8580 | −0.117% | $12.1M | $10.2M | 200x | as long as short |
Injective RENDER/USDC PERP
Bybit RENDERUSDT
Variational Omni RENDER
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Aster RENDERUSDT
Binance RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8570 | −0.171% | $5.1M | $13.0M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8590 | −0.063% | $10.0M | $10.4M | 50x | as long as short |
| BingX RENDER-USDTshort | +0.0100% | 4h | 1.8590 | −0.063% | — | $4.3M | — | |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8614 | +0.066% | $44K | $259K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8560 | −0.224% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USDlong | +0.0104% | 1h | 1.8602 | long leg | $31K | $178K | 10x | |
| Phoenix RENDER | +0.0173% | 1h | 1.8615 | +0.071% | $40K | $336K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8590 | −0.063% | $601K | $1.4M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0340% / S −0.0785% | 1h | 1.8597 | −0.025% | $14K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0520% | 1h | 1.8570 | −0.171% | $153K | $68K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0747% | 1h | 1.8620 | +0.096% | $486K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.1135% | 1h | 1.8634 | +0.174% | $4.3M | $4.3M | 5x | as long as short |
KuCoin RENDERUSDTM
Bitget RENDERUSDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER