RENDER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Binance−0.045%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$760.765% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.045%, 7d avg −0.031%

Together, before fees−0.017%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance RENDERUSDT	1.8428	0.0100	pay 0.0050% / 4h	6m 28s	$12.1M	$47.3M	75x
Short	Extended RENDER-USD	1.8420	0.0104	get 0.0013% / 1h	6m 28s	$30K	$205K	10x

Funding history

latest

Range statsloading…

Extended 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 ExtendedbpOrdersPrice spread, now −0.045%Rate

Slippage from Binance: live order book, 6 min ago; Extended: live order book, 50 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, 6 min ago	2.70 bp	14.8 bp −$15	31.0 bp −$310	195.5 bp −$19.6K	doesn't fit
Sell Extended live order book, 50 min ago	10.68 bp	23.1 bp −$23	92.1 bp −$921	doesn't fit	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
Injective RENDER/USDC PERP	−0.0223%	1h	1.8530	+0.552%	$12K	$194K	12x	as long as short
Deribit RENDER_USDC-PERPETUAL	0.0000%	1h	1.8423	−0.029%	$12K	$31K	25x	as long as short
dYdX RENDER-USD	+0.0058%	1h	1.8419	−0.052%	$19K	$23K	5x	as long as short
Binance RENDERUSDTlong	+0.0100%	4h	1.8428	long leg	$12.1M	$47.3M	75x
Bybit RENDERUSDT	+0.0100%	4h	1.8412	−0.088%	$11.8M	$13.3M	50x	as long as short
OKX RENDER-USDT-SWAP	+0.0100%	4h	1.8440	+0.064%	$3.1M	$8.1M	20x	as long as short
Gate RENDER_USDT	+0.0100%	4h	1.8431	+0.015%	$546K	$1.3M	50x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	1.8420	−0.045%	$12.5M	$11.3M	200x	as long as short
KuCoin RENDERUSDTM	+0.0100%	4h	1.8430	+0.009%	$4.9M	$11.5M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	1.8443	+0.080%	$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	1.8430	+0.009%	—	$3.4M	—	as long as short
Variational Omni RENDER	+0.0100%	4h	1.8487	+0.316%	$263K	$313K	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	1.8482	+0.291%	$41K	$251K	50x	as long as short
Phemex RENDERUSDT	+0.0100%	8h	1.8440	+0.064%	$1.8M	$4.0M	50x	as long as short
Extended RENDER-USDshort	+0.0104%	1h	1.8420	−0.045%	$30K	$205K	10x
Aster RENDERUSDT	+0.0164%	4h	1.8425	−0.016%	$269K	$153K	20x	as long as short
Phoenix RENDER	+0.0299%	1h	1.8485	+0.308%	$47K	$315K	5x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	1.8450	+0.118%	$572K	$1.1M	90x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0364% / S −0.0907%	1h	1.8413	−0.085%	$15K	—	100x	as long as short
Hyperliquid RENDER	+0.0589%	1h	1.8459	+0.167%	$4.2M	$3.3M	5x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0720%	1h	1.8430	+0.009%	$153K	$59K	50x	as long as short
Kraken Futures PF_RENDERUSD	+0.1273%	1h	1.8465	+0.199%	$481K	$1.1M	50x	as long as short