Settings8H · net · $10k
Funding arb · Price arb /

RENDER

all RENDER markets
SwapBacktest
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 0.000%
Price spread now: MEXC against Binance−0.006%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.006%−$1 · spread now −0.006%, 7d avg −0.013%
Together, before fees−0.006%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RENDERUSDT1.83010.0100pay 0.0050% / 4h2h 57m$12.2M$46.1M75x
ShortMEXC RENDER_USDT1.83000.0100get 0.0050% / 4h2h 57m$11.1M$10.8M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$0
Price spread: −0.006% → −0.013%
$0.65
Slippage, 4 orders
−$22.75
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$32.1
Costs to cover
0.327%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; MEXC: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago2.68 bp12.3 bp −$1226.6 bp −$266161.3 bp −$16.1Kdoesn't fit
Sell MEXC live order book, 6 min ago2.70 bp2.7 bp −$316.0 bp −$16054.0 bp −$5,402190.7 bp −$95.4K

RENDER on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective RENDER/USDC PERP−0.0344%1h1.8380+0.431%$6K$188K12xas long as short
dYdX RENDER-USD0.0000%1h1.8377+0.414%$19K$21K5xas long as short
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.8349+0.261%$10K$30K25xas long as short
Variational Omni RENDER+0.0055%4h1.8412+0.604%$226K$279Kas long as short
Aster RENDERUSDT+0.0100%4h1.8364+0.345%$266K$142K20xas long as short
Binance RENDERUSDTlong+0.0100%4h1.8301long leg$12.2M$46.1M75x
Bybit RENDERUSDT+0.0100%4h1.8287−0.078%$11.8M$13.0M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.8310+0.048%$3.1M$8.0M20xas long as short
Gate RENDER_USDT+0.0100%4h1.8292−0.050%$515K$1.0M50xas long as short
MEXC RENDER_USDTshort+0.0100%4h1.8300−0.006%$11.1M$10.8M200x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RENDERUSDTM+0.0100%4h1.8300−0.006%$4.9M$12.2M50xas long as short
Bitget RENDERUSDT+0.0100%4h1.8311+0.054%$9.8M$10.5M50xas long as short
BingX RENDER-USDT+0.0100%4h1.8300−0.006%$3.9Mas long as short
ApeX Omni RENDERUSDT+0.0100%1h1.8441+0.764%$46K$269K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.8360+0.321%$1.8M$3.9M50xas long as short
Extended RENDER-USD+0.0104%1h1.8297−0.021%$28K$201K10xas long as short
Coinbase International RENDER-PERP-INTX+0.0168%1h1.8360+0.321%$151K$64K50xas long as short
Phoenix RENDER+0.0171%1h1.8384+0.453%$47K$297K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.8340+0.212%$587K$1.1M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0363% / S −0.0912%1h1.8341+0.220%$15K100xas long as short
Kraken Futures PF_RENDERUSD+0.0670%1h1.8363+0.340%$473K$1.0M50xas long as short
Hyperliquid RENDER+0.0973%1h1.8345+0.239%$4.2M$3.4M5xas long as short