Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate+0.128%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1141.142% of the position
Funding, last 7 days+0.155%+$15 on $10k
+Price spread, last 7 days−0.147%−$15 · spread now +0.128%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.125% dearer against Gate than usual: you sell high and buy low, +$13 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 | Gate RENDER_USDT | 1.7907 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $519K | $1.3M | 50x |
| Short | BingX RENDER-USDT | 1.7930 | 0.0100 | get 0.0050% / 4h | 2h 40m | — | $5.2M | — |
Gate RENDER_USDT
BingX RENDER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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: +0.128% → +0.003%
- $12.55
- Slippage, 4 orders
- −$89.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$101.61
- Costs to cover
- 1.142%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; BingX: 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 Gate live order book, 2 min ago | 5.00 bp | 46.8 bp −$47 | 166.0 bp −$1,660 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 5.53 bp | 12.5 bp −$12 | 23.2 bp −$232 | 57.4 bp −$5,744 | 934.7 bp −$467.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.7971 | +0.357% | $18K | $37K | 25x | as long as short |
| dYdX RENDER-USD | +0.0027% | 1h | 1.7928 | +0.117% | $18K | $32K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.7936 | +0.163% | $263K | $166K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.7940 | +0.184% | $11.7M | $47.3M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.7935 | +0.156% | $11.5M | $13.1M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.7940 | +0.184% | $3.0M | $8.0M | 20x | as long as short |
| Gate RENDER_USDTlong | +0.0100% | 4h | 1.7907 | long leg | $519K | $1.3M | 50x | |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.7920 | +0.073% | $11.9M | $11.1M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.7940 | +0.184% | $4.8M | $11.0M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.7926 | +0.106% | $9.6M | $10.7M | 50x | as long as short |
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
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-USDTshort | +0.0100% | 4h | 1.7930 | +0.128% | — | $5.2M | — | |
| Variational Omni RENDER | +0.0100% | 4h | 1.7957 | +0.280% | $256K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8057 | +0.838% | $40K | $250K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.7990 | +0.464% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.7915 | +0.046% | $26K | $194K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0235% | 1h | 1.8000 | +0.519% | $11K | $194K | 12x | as long as short |
| Phoenix RENDER | +0.0264% | 1h | 1.8073 | +0.927% | $46K | $334K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8000 | +0.519% | $605K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0360% / S −0.0906% | 1h | 1.7932 | +0.141% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0584% | 1h | 1.8020 | +0.631% | $150K | $57K | 50x | as long as short |
| Hyperliquid RENDER | +0.0606% | 1h | 1.7949 | +0.235% | $4.0M | $3.3M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1247% | 1h | 1.7985 | +0.438% | $450K | $1.2M | 50x | as long as short |
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Injective RENDER/USDC PERP
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD