Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.008%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now +0.008%, 7d avg +0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RENDER_USDT | 1.8440 | 0.0100 | pay 0.0050% / 4h | 49m 34s | $12.7M | $11.2M | 200x |
| Short | Binance RENDERUSDT | 1.8442 | 0.0100 | get 0.0050% / 4h | 49m 34s | $12.3M | $47.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: +0.008% → +0.015%
- −$0.69
- Slippage, 4 orders
- −$21.88
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$32.57
- Costs to cover
- 0.319%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Binance: live order book, 8 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 MEXC live order book, 4 min ago | 2.69 bp | 2.7 bp −$3 | 8.8 bp −$88 | 42.8 bp −$4,277 | 201.1 bp −$100.6K |
| Sell Binance live order book, 8 min ago | 2.67 bp | 16.4 bp −$16 | 32.5 bp −$325 | 147.0 bp −$14.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RENDER/USDC PERP | −0.0223% | 1h | 1.8640 | +1.085% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8447 | +0.036% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8492 | +0.282% | $11K | $30K | 25x | as long as short |
| Binance RENDERUSDTshort | +0.0100% | 4h | 1.8442 | +0.008% | $12.3M | $47.0M | 75x | |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8430 | −0.054% | $11.8M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8450 | +0.054% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8434 | −0.033% | $549K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDTlong | +0.0100% | 4h | 1.8440 | long leg | $12.7M | $11.2M | 200x | |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8450 | +0.054% | $5.0M | $11.8M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8449 | +0.049% | $10.0M | $10.8M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | +0.0100% | 4h | 1.8440 | 0.000% | — | $3.6M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8492 | +0.281% | $263K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8514 | +0.401% | $41K | $253K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8490 | +0.271% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8434 | −0.031% | $26K | $200K | 10x | as long as short |
| Phoenix RENDER | +0.0299% | 1h | 1.8523 | +0.450% | $48K | $315K | 5x | as long as short |
| Aster RENDERUSDT | +0.0327% | 4h | 1.8463 | +0.123% | $267K | $147K | 20x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8550 | +0.597% | $586K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0365% / S −0.0912% | 1h | 1.8489 | +0.264% | $15K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0587% | 1h | 1.8487 | +0.255% | $4.2M | $3.2M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8450 | +0.054% | $151K | $56K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1270% | 1h | 1.8509 | +0.373% | $481K | $1.1M | 50x | as long as short |
MEXC RENDER_USDT
Binance RENDERUSDT
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
Aster RENDERUSDT
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD