Funding you earn now, next payment 09:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.005%
Price spread now: BloFin against GMX−0.015%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX RENDER/USD [ETH-USDC] | 1.8013 | L +0.0360% / S −0.0906% | pay 0.0045% / 1h | 56m 43s | $15K | — | 100x |
| Short | BloFin RENDER-USDT | 1.8010 | 0.0340 | get 0.0170% / 4h | 3h 56m | $604K | $1.2M | 90x |
GMX RENDER/USD [ETH-USDC]
BloFin RENDER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GMX. 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
- −$4.27
- Price spread: −0.015% → 0.000%
- −$1.52
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.79
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 11 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 11 min ago | 5.54 bp | 11.5 bp −$12 | 19.1 bp −$191 | 79.9 bp −$7,989 | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0013% | 1h | 1.8020 | +0.040% | $11K | $194K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8017 | +0.024% | $18K | $22K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8036 | +0.131% | $276K | $190K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8015 | +0.011% | $11.7M | $44.7M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8011 | −0.010% | $11.8M | $12.1M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8020 | +0.040% | $3.1M | $7.9M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8015 | +0.013% | $515K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8030 | +0.096% | $10.9M | $11.4M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8030 | +0.096% | $4.8M | $9.8M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8025 | +0.068% | $9.8M | $10.5M | 50x | as long as short |
Injective RENDER/USDC PERP
dYdX RENDER-USD
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
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-USDT | +0.0100% | 4h | 1.8030 | +0.096% | — | $5.1M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8053 | +0.221% | $256K | $314K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8076 | +0.351% | $40K | $248K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8030 | +0.096% | $1.8M | $3.8M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8015 | +0.013% | $26K | $254K | 10x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | +0.0139% | 1h | 1.8023 | +0.057% | $18K | $22K | 25x | as long as short |
| Phoenix RENDER | +0.0266% | 1h | 1.8080 | +0.373% | $46K | $306K | 5x | as long as short |
| BloFin RENDER-USDTshort | +0.0340% | 4h | 1.8010 | −0.015% | $604K | $1.2M | 90x | |
| GMX RENDER/USD [ETH-USDC]long | L +0.0360% / S −0.0906% | 1h | 1.8013 | long leg | $15K | — | 100x | |
| Kraken Futures PF_RENDERUSD | +0.0425% | 1h | 1.8041 | +0.157% | $422K | $1.4M | 50x | as long as short |
| Hyperliquid RENDER | +0.0533% | 1h | 1.8043 | +0.168% | $4.1M | $3.2M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0624% | 1h | 1.8160 | +0.818% | $149K | $56K | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Phoenix RENDER
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX