RENDER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%

Price spread now: Bybit against Binance−0.054%7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$670.666% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 7 days+0.054%+$5 · spread now −0.054%, 7d avg −0.068%

Together, before fees+0.093%+$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance RENDERUSDT	1.8670	0.0100	pay 0.0050% / 4h	1h 47m	$12.4M	$44.8M	75x
Short	Bybit RENDERUSDT	1.8660	0.0100	get 0.0050% / 4h	1h 47m	$12.0M	$12.6M	50x

Funding history

latest

Range statsloading…

Bybit against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now −0.054%Rate

Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 1 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 10 min ago	2.69 bp	14.1 bp −$14	27.1 bp −$271	235.2 bp −$23.5K	doesn't fit
Sell Bybit live order book, 1 min ago	5.35 bp	17.8 bp −$18	49.4 bp −$494	308.2 bp −$30.8K	doesn't fit

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
dYdX RENDER-USD	0.0000%	1h	1.8666	−0.020%	$19K	$21K	5x	as long as short
Deribit RENDER_USDC-PERPETUAL	0.0000%	1h	1.8670	0.000%	$11K	$30K	25x	as long as short
Injective RENDER/USDC PERP	+0.0036%	1h	1.8650	−0.107%	$6K	$188K	12x	as long as short
Aster RENDERUSDT	+0.0100%	4h	1.8676	+0.031%	$270K	$139K	20x	as long as short
Binance RENDERUSDTlong	+0.0100%	4h	1.8670	long leg	$12.4M	$44.8M	75x
Bybit RENDERUSDTshort	+0.0100%	4h	1.8660	−0.054%	$12.0M	$12.6M	50x
OKX RENDER-USDT-SWAP	+0.0100%	4h	1.8690	+0.107%	$3.1M	$8.0M	20x	as long as short
Gate RENDER_USDT	+0.0100%	4h	1.8649	−0.112%	$577K	$1.1M	50x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	1.8650	−0.107%	$11.2M	$10.7M	200x	as long as short
KuCoin RENDERUSDTM	+0.0100%	4h	1.8670	0.000%	$5.1M	$11.8M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget RENDERUSDT	+0.0100%	4h	1.8673	+0.016%	$10.1M	$10.3M	50x	as long as short
BingX RENDER-USDT	+0.0100%	4h	1.8660	−0.054%	—	$3.5M	—	as long as short
Variational Omni RENDER	+0.0100%	4h	1.8681	+0.061%	$230K	$276K	—	as long as short
Phemex RENDERUSDT	+0.0100%	8h	1.8660	−0.054%	$1.9M	$3.9M	50x	as long as short
Extended RENDER-USD	+0.0104%	1h	1.8670	−0.001%	$27K	$198K	10x	as long as short
Phoenix RENDER	+0.0259%	1h	1.8671	+0.005%	$47K	$246K	5x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	1.8650	−0.107%	—	$1.1M	90x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0367% / S −0.0912%	1h	1.8652	−0.098%	$16K	—	100x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0456%	1h	1.8730	+0.321%	$152K	$53K	50x	as long as short
ApeX Omni RENDERUSDT	+0.0676%	1h	1.8620	−0.268%	$46K	$252K	50x	as long as short
Hyperliquid RENDER	+0.0959%	1h	1.8687	+0.091%	$4.3M	$3.2M	5x	as long as short
Kraken Futures PF_RENDERUSD	+0.1432%	1h	1.8686	+0.088%	$488K	$1.0M	50x	as long as short