Funding you earn now, next payment 22:00 UTC+0.0352%/8h= +38.5% APRnext payment +$0.44 per $10,000 · paid last 24h −0.153%
Price spread now: Coinbase International against dYdX+1.478%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 1.478% dearer against dYdX than usual: you sell high and buy low: +$148 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX RENDER-USD | 1.8398 | 0 | get 0.0000% / 1h | 56m 56s | $19K | $21K | 5x |
| Short | Coinbase International RENDER-PERP-INTX | 1.8670 | 0.0352 | get 0.0044% / 1h | 56m 56s | $154K | $69K | 50x |
dYdX RENDER-USD
Coinbase International RENDER-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against dYdX. 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
- $73.92
- Price spread: +1.478% → 0.000%
- $147.75
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $201.67
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Coinbase International: live order book, 26 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 26 min ago | 7.99 bp | 79.4 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0576% | 1h | 1.8400 | +0.010% | $6K | $165K | 12x | as long as short |
| Variational Omni RENDER | −0.0369% | 4h | 1.8424 | +0.141% | $222K | $296K | — | as long as short |
| dYdX RENDER-USDlong | 0.0000% | 1h | 1.8398 | long leg | $19K | $21K | 5x | |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8408 | +0.053% | $10K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8449 | +0.278% | $264K | $184K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8462 | +0.347% | $12.3M | $48.7M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8440 | +0.227% | $12.0M | $14.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8460 | +0.336% | $3.1M | $8.6M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8444 | +0.249% | $537K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8450 | +0.282% | $11.7M | $10.2M | 200x | as long as short |
Injective RENDER/USDC PERP
Variational Omni RENDER
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8430 | +0.173% | $5.0M | $12.9M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8440 | +0.227% | $9.9M | $10.4M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8450 | +0.282% | — | $4.4M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8456 | +0.314% | $43K | $267K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8400 | +0.010% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8436 | +0.206% | $31K | $178K | 10x | as long as short |
| Phoenix RENDER | +0.0173% | 1h | 1.8377 | −0.115% | $40K | $325K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8400 | +0.010% | $595K | $1.4M | 90x | as long as short |
| Coinbase International RENDER-PERP-INTXshort | +0.0352% | 1h | 1.8670 | +1.478% | $154K | $69K | 50x | |
| GMX RENDER/USD [ETH-USDC] | L +0.0361% / S −0.0904% | 1h | 1.8403 | +0.026% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0580% | 1h | 1.8433 | +0.190% | $468K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0759% | 1h | 1.8441 | +0.233% | $4.2M | $3.7M | 5x | as long as short |
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER