Funding you earn now, next payment 08:00 UTC+0.0087%/8h= +9.6% APRnext payment +$0.44 per $10,000 · paid last 24h +0.004%
Price spread now: Aster against OKX+0.054%7-day average +0.057% · 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−$86as in the Price arb table
costs, in and out, $10k−$860.862% of the position
Funding, last 6 days (all we have)+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.054%, 7d avg +0.057%
=Together, before fees−0.028%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.057%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RENDER-USDT-SWAP | 1.8030 | 0.0100 | pay 0.0050% / 4h | 52m 45s | $3.1M | $8.2M | 20x |
| Short | Aster RENDERUSDT | 1.8040 | 0.0187 | get 0.0094% / 4h | 52m 45s | $274K | $188K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against OKX. 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
- $18.32
- Price spread: +0.054% → +0.057%
- −$0.25
- Slippage, 4 orders
- −$68.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$68.15
- Costs to cover
- 0.862%
- Break-even
- 33.0 days
Slippage from OKX: live order book, 5 min ago; Aster: live order book, 49 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 OKX live order book, 5 min ago | 5.55 bp | 18.2 bp −$18 | 48.6 bp −$486 | doesn't fit | doesn't fit |
| Sell Aster live order book, 49 min ago | 8.28 bp | 32.4 bp −$32 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RENDER/USDC PERP | −0.0131% | 1h | 1.8030 | 0.000% | $11K | $194K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8015 | −0.083% | $18K | $37K | 25x | as long as short |
| dYdX RENDER-USD | +0.0030% | 1h | 1.8034 | +0.022% | $18K | $22K | 5x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8020 | −0.053% | $11.7M | $46.5M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8010 | −0.111% | $11.8M | $12.8M | 50x | as long as short |
| OKX RENDER-USDT-SWAPlong | +0.0100% | 4h | 1.8030 | long leg | $3.1M | $8.2M | 20x | |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8015 | −0.083% | $516K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8020 | −0.055% | $10.9M | $11.7M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8030 | 0.000% | $4.8M | $10.3M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8021 | −0.050% | $9.8M | $10.7M | 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 | 1.8020 | −0.055% | — | $5.1M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.7967 | −0.351% | $255K | $314K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.7999 | −0.172% | $40K | $251K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8020 | −0.055% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8022 | −0.044% | $25K | $194K | 10x | as long as short |
| Aster RENDERUSDTshort | +0.0187% | 4h | 1.8040 | +0.054% | $274K | $188K | 20x | |
| Phoenix RENDER | +0.0266% | 1h | 1.7996 | −0.189% | $46K | $339K | 5x | as long as short |
| Hyperliquid RENDER | +0.0331% | 1h | 1.8048 | +0.100% | $4.1M | $3.4M | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8010 | −0.111% | $603K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0360% / S −0.0906% | 1h | 1.8013 | −0.094% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0512% | 1h | 1.8060 | +0.166% | $149K | $61K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0736% | 1h | 1.8031 | +0.003% | $420K | $1.4M | 50x | as long as short |
OKX RENDER-USDT-SWAP
Aster RENDERUSDT
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
Binance RENDERUSDT
Bybit RENDERUSDT
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
Hyperliquid RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD