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: OKX against Bybit+0.074%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$780.777% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.107%−$11 on $10k

Price spread, last 7 days−0.135%−$13 · spread now +0.074%, 7d avg +0.066%

Together, before fees−0.242%−$24 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit RENDERUSDT	1.8876	0.0100	pay 0.0050% / 4h	1h 20m	$12.0M	$13.2M	50x
Short	OKX RENDER-USDT-SWAP	1.8890	0.0100	get 0.0050% / 4h	1h 20m	$3.2M	$8.3M	20x

Funding history

latest

Range statsloading…

OKX against Bybit. 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 BybitbpFee OKXbpOrdersPrice spread, now +0.074%Rate

Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 2 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 3 min ago	2.64 bp	18.0 bp −$18	44.9 bp −$449	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	2.63 bp	22.3 bp −$22	56.8 bp −$568	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
dYdX RENDER-USD	0.0000%	1h	1.8876	+0.001%	$19K	$21K	5x	as long as short
Deribit RENDER_USDC-PERPETUAL	0.0000%	1h	1.8892	+0.085%	$11K	$30K	25x	as long as short
Injective RENDER/USDC PERP	+0.0036%	1h	1.8880	+0.021%	$6K	$188K	12x	as long as short
Binance RENDERUSDT	+0.0100%	4h	1.8890	+0.074%	$12.6M	$46.9M	75x	as long as short
Bybit RENDERUSDTlong	+0.0100%	4h	1.8876	long leg	$12.0M	$13.2M	50x
OKX RENDER-USDT-SWAPshort	+0.0100%	4h	1.8890	+0.074%	$3.2M	$8.3M	20x
Gate RENDER_USDT	+0.0100%	4h	1.8883	+0.037%	$584K	$1.2M	50x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	1.8900	+0.127%	$14.1M	$11.1M	200x	as long as short
KuCoin RENDERUSDTM	+0.0100%	4h	1.8900	+0.127%	$5.2M	$11.9M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	1.8892	+0.085%	$10.4M	$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	1.8880	+0.021%	—	$3.6M	—	as long as short
Variational Omni RENDER	+0.0100%	4h	1.8877	+0.003%	$269K	$313K	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	1.8930	+0.286%	$43K	$254K	50x	as long as short
Phemex RENDERUSDT	+0.0100%	8h	1.8870	−0.032%	$1.9M	$4.0M	50x	as long as short
Extended RENDER-USD	+0.0104%	1h	1.8892	+0.082%	$28K	$198K	10x	as long as short
Aster RENDERUSDT	+0.0227%	4h	1.8917	+0.218%	$274K	$145K	20x	as long as short
Phoenix RENDER	+0.0259%	1h	1.8991	+0.609%	$49K	$246K	5x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	1.8900	+0.127%	$591K	$1.1M	90x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0369% / S −0.0912%	1h	1.8886	+0.055%	$16K	—	100x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0456%	1h	1.9130	+1.346%	$157K	$58K	50x	as long as short
Hyperliquid RENDER	+0.0872%	1h	1.8923	+0.251%	$4.3M	$3.2M	5x	as long as short
Kraken Futures PF_RENDERUSD	+0.1414%	1h	1.8922	+0.244%	$490K	$1.1M	50x	as long as short