Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate−0.005%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1271.274% of the position
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now −0.005%, 7d avg +0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.053% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RENDER_USDT | 1.8278 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $508K | $578K | 50x |
| Short | Bitget RENDERUSDT | 1.8277 | 0.0100 | get 0.0050% / 4h | 2h 19m | $9.8M | $7.5M | 50x |
Gate RENDER_USDT
Bitget RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.005% → +0.047%
- −$5.29
- Slippage, 4 orders
- −$100.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$132.69
- Costs to cover
- 1.274%
- Break-even
- never at this rate
Slippage from Gate: live order book, 55 min ago; Bitget: live order book, 2 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, 55 min ago | 2.19 bp | 48.4 bp −$48 | 193.1 bp −$1,931 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.28 bp | 15.8 bp −$16 | 28.0 bp −$280 | doesn't fit | doesn't fit |
RENDER on 22 exchanges
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 | −0.0039% | 1h | 1.8230 | −0.263% | $10K | $160K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8270 | −0.044% | $28K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8300 | +0.120% | $26K | $20K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8306 | +0.153% | $263K | $124K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8280 | +0.011% | $11.7M | $29.4M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8260 | −0.098% | $11.8M | $8.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8290 | +0.066% | $3.2M | $5.5M | 20x | as long as short |
| Gate RENDER_USDTlong | +0.0100% | 4h | 1.8278 | long leg | $508K | $578K | 50x | |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8290 | +0.066% | $10.0M | $8.0M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8300 | +0.120% | $4.7M | $4.6M | 50x | as long as short |
Injective RENDER/USDC PERP
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
MEXC RENDER_USDT
KuCoin RENDERUSDTMShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDTshort | +0.0100% | 4h | 1.8277 | −0.005% | $9.8M | $7.5M | 50x | |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8270 | −0.044% | — | $4.3M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8276 | −0.013% | $251K | $108K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8299 | +0.115% | $37K | $202K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8290 | +0.066% | $1.9M | $2.5M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8279 | +0.004% | $27K | $265K | 10x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0136% | 1h | 1.8340 | +0.339% | $147K | $30K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0208% | 1h | 1.8320 | +0.228% | $426K | $1.2M | 50x | as long as short |
| Hyperliquid RENDER | +0.0313% | 1h | 1.8313 | +0.191% | $4.3M | $1.5M | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8330 | +0.284% | $610K | $702K | 90x | as long as short |
| Phoenix RENDER | +0.0350% | 1h | 1.8322 | +0.241% | $37K | $247K | 5x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0354% / S −0.0862% | 1h | 1.8297 | +0.103% | $15K | — | 100x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER
BloFin RENDER-USDT
Phoenix RENDER
GMX RENDER/USD [ETH-USDC]