Funding you earn now, next payment 09:00 UTC−0.0482%/8h= −52.8% APRnext payment −$0.60 per $10,000 · paid last 24h −0.068%
Price spread now: Deribit against dYdX+0.039%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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
The price spread pays, funding is against you. Deribit is 0.039% dearer against dYdX than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX RENDER-USD | 1.8019 | 0.0510 | pay 0.0064% / 1h | 40m 14s | $18K | $22K | 5x |
| Short | Deribit RENDER_USDC-PERPETUAL | 1.8026 | 0.0027 | get 0.0003% / 1h | 40m 14s | $24K | $28K | 25x |
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$101.26
- Price spread: +0.039% → 0.000%
- $3.88
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$114.37
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Deribit: no order-book sample. 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 Deribit no order-book sample | — | — | — | — | — |
dYdX and Deribit: 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 | −0.0013% | 1h | 1.8050 | +0.172% | $11K | $194K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUALshort | +0.0027% | 1h | 1.8026 | +0.039% | $24K | $28K | 25x | |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8054 | +0.194% | $275K | $190K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8040 | +0.117% | $11.7M | $44.3M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8030 | +0.061% | $11.9M | $11.9M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8040 | +0.117% | $3.1M | $7.9M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8026 | +0.039% | $515K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8040 | +0.117% | $10.8M | $11.5M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8040 | +0.117% | $4.8M | $9.7M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8034 | +0.083% | $9.8M | $10.4M | 50x | as long as short |
Injective RENDER/USDC PERP
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | +0.0100% | 4h | 1.8030 | +0.061% | — | $5.1M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8002 | −0.094% | $255K | $314K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8064 | +0.250% | $40K | $247K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8030 | +0.061% | $1.8M | $3.8M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8024 | +0.030% | $26K | $254K | 10x | as long as short |
| Phoenix RENDER | +0.0265% | 1h | 1.8090 | +0.394% | $46K | $309K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8010 | −0.050% | $602K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0360% / S −0.0906% | 1h | 1.8039 | +0.111% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0425% | 1h | 1.8043 | +0.134% | $424K | $1.4M | 50x | as long as short |
| dYdX RENDER-USDlong | +0.0510% | 1h | 1.8019 | long leg | $18K | $22K | 5x | |
| Hyperliquid RENDER | +0.0567% | 1h | 1.8057 | +0.211% | $4.1M | $3.2M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0624% | 1h | 1.8160 | +0.783% | $149K | $55K | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX