Funding you earn now, next payment 06:00 UTC−0.1150%/8h= −126.0% APRpaid last 24h −0.135%
Price spread now: Aster against Kraken Futures+0.013%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$980.980% of the position
Funding, last 6 days (all we have)−0.743%−$74 on $10k
+Price spread, last 4 days (all we have)+0.135%+$14 · spread now +0.013%, 7d avg −0.008%
=Together, before fees−0.608%+ Points / potential airdropAster: Stage 5 · farm board−$61 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.021% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.013% now, against its 7-day average of −0.008%): +$2 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 1 hour. At the pace of the last 6 days (−0.743% in total) that is about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_RENDERUSD | 1.7934 | 0.1250 | pay 0.0156% / 1h | 23m 01s | $419K | $1.3M | 50x |
| Short | Aster RENDERUSDT | 1.7936 | 0.0100 | get 0.0050% / 4h | 2h 23m | $275K | $174K | 20x |
Kraken Futures PF_RENDERUSD
Aster RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$241.58
- Price spread: +0.013% → −0.008%
- $2.14
- Slippage, 4 orders
- −$79.99
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$337.43
- Costs to cover
- 0.980%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, just now; Aster: live order book, 24 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 Kraken Futures live order book, just now | 11.99 bp | 20.8 bp −$21 | 56.6 bp −$566 | doesn't fit | doesn't fit |
| Sell Aster live order book, 24 min ago | 11.04 bp | 26.2 bp −$26 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.7907 | −0.148% | $18K | $37K | 25x | as long as short |
| dYdX RENDER-USD | +0.0014% | 1h | 1.7930 | −0.017% | $18K | $32K | 5x | as long as short |
| Aster RENDERUSDTshort | +0.0100% | 4h | 1.7936 | +0.013% | $275K | $174K | 20x | |
| Binance RENDERUSDT | +0.0100% | 4h | 1.7942 | +0.049% | $11.7M | $47.7M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.7930 | −0.020% | $11.7M | $13.3M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.7950 | +0.092% | $3.1M | $8.2M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.7919 | −0.081% | $518K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.7930 | −0.020% | $10.7M | $11.3M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.7950 | +0.092% | $4.8M | $10.9M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.7934 | +0.003% | $9.7M | $10.8M | 50x | as long as short |
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
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 | 1.7930 | −0.020% | — | $5.2M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.7867 | −0.371% | $253K | $314K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.7860 | −0.410% | $39K | $250K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.7920 | −0.076% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.7935 | +0.009% | $26K | $194K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0235% | 1h | 1.7910 | −0.131% | $11K | $194K | 12x | as long as short |
| Phoenix RENDER | +0.0264% | 1h | 1.7870 | −0.354% | $46K | $334K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.7950 | +0.092% | $603K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0360% / S −0.0906% | 1h | 1.7903 | −0.169% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0584% | 1h | 1.7950 | +0.092% | $149K | $60K | 50x | as long as short |
| Hyperliquid RENDER | +0.0616% | 1h | 1.7942 | +0.047% | $4.0M | $3.3M | 5x | as long as short |
| Kraken Futures PF_RENDERUSDlong | +0.1250% | 1h | 1.7934 | long leg | $419K | $1.3M | 50x |
BingX RENDER-USDT
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