Settings8H · net · $10k
Funding arb · Price arb /

RENDER

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Aster against Gate+0.217%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1571.573% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.044%+$4 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.217%, 7d avg +0.117%
Together, before fees+0.056%+ Points / potential airdropAster: Stage 5 · farm board+$6 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: Aster is 0.099% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.117%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RENDER_USDT1.84350.0100pay 0.0050% / 4h3h 29m$523K$1.1M50x
ShortAster RENDERUSDT1.84750.0100get 0.0050% / 4h3h 29m$273K$190K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.217% → +0.117%
$9.92
Slippage, 4 orders
−$134.31
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$147.39
Costs to cover
1.573%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; Aster: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago8.64 bp41.2 bp −$41173.3 bp −$1,733doesn't fitdoesn't fit
Sell Aster live order book, 17 min ago8.25 bp25.7 bp −$26doesn't fitdoesn't fitdoesn't fit

RENDER on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective RENDER/USDC PERP−0.0120%1h1.8540+0.570%$6K$92K12xas long as short
Variational Omni RENDER−0.0078%4h1.8515+0.432%$222K$254Kas long as short
dYdX RENDER-USD0.0000%1h1.8450+0.081%$19K$22K5xas long as short
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.8466+0.168%$11K$57K25xas long as short
Aster RENDERUSDTshort+0.0100%4h1.8475+0.217%$273K$190K20x
Binance RENDERUSDT+0.0100%4h1.8442+0.037%$12.1M$48.7M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.8360−0.407%$12.0M$14.6M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.8390−0.244%$3.2M$8.6M20xas long as short
Gate RENDER_USDTlong+0.0100%4h1.8435long leg$523K$1.1M50x
MEXC RENDER_USDT+0.0100%4h1.8440+0.027%$11.1M$9.9M200xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RENDERUSDTM+0.0100%4h1.8440+0.027%$5.2M$13.3M50xas long as short
Bitget RENDERUSDT+0.0100%4h1.8450+0.081%$9.9M$10.3M50xas long as short
BingX RENDER-USDT+0.0100%4h1.8440+0.027%$4.2Mas long as short
ApeX Omni RENDERUSDT+0.0100%1h1.8544+0.591%$44K$259K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.8460+0.136%$1.9M$4.0M50xas long as short
Extended RENDER-USD+0.0104%1h1.8447+0.066%$31K$179K10xas long as short
Phoenix RENDER+0.0220%1h1.8456+0.114%$40K$335K5xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0337% / S −0.0785%1h1.8474+0.211%$14K100xas long as short
BloFin RENDER-USDT+0.0340%4h1.8530+0.515%$578K$1.4M90xas long as short
Coinbase International RENDER-PERP-INTX+0.0440%1h1.8580+0.787%$156K$61K50xas long as short
Kraken Futures PF_RENDERUSD+0.1002%1h1.8500+0.354%$481K$1.1M50xas long as short
Hyperliquid RENDER+0.1316%1h1.8497+0.336%$4.2M$4.3M5xas long as short