RENDER

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.158%

Price spread now: Extended against dYdX−0.432%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Extended

What this pair did over the last

the charts below follow

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.432% cheaper against dYdX than usual: you would sell low and buy high (spread −0.432% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$43 on $10k: about 14 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX RENDER-USD	1.8377	0	get 0.0000% / 1h	57m 03s	$19K	$21K	5x
Short	Extended RENDER-USD	1.8297	0.0104	get 0.0013% / 1h	57m 03s	$28K	$201K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against dYdX. 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

Position, each leg$Hold fordaysFee dYdXbpFee ExtendedbpOrdersPrice spread, now −0.432%Rate

Funding earned: $21.84
Price spread: −0.432% → 0.000%: −$43.24
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$36.4
Costs to cover: 0.150%
Break-even: 18.7 days

Slippage unknown: dYdX: no order-book sample; Extended: live order book, 10 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 Extended live order book, 10 min ago	8.86 bp	11.4 bp −$11	49.6 bp −$496	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	−0.0344%	1h	1.8380	+0.017%	$6K	$188K	12x	as long as short
dYdX RENDER-USDlong	0.0000%	1h	1.8377	long leg	$19K	$21K	5x
Deribit RENDER_USDC-PERPETUAL	0.0000%	1h	1.8349	−0.152%	$10K	$30K	25x	as long as short
Variational Omni RENDER	+0.0055%	4h	1.8412	+0.190%	$226K	$279K	—	as long as short
Aster RENDERUSDT	+0.0100%	4h	1.8364	−0.068%	$266K	$142K	20x	as long as short
Binance RENDERUSDT	+0.0100%	4h	1.8301	−0.412%	$12.2M	$46.1M	75x	as long as short
Bybit RENDERUSDT	+0.0100%	4h	1.8287	−0.489%	$11.8M	$13.0M	50x	as long as short
OKX RENDER-USDT-SWAP	+0.0100%	4h	1.8310	−0.364%	$3.1M	$8.0M	20x	as long as short
Gate RENDER_USDT	+0.0100%	4h	1.8292	−0.462%	$515K	$1.0M	50x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	1.8300	−0.418%	$11.1M	$10.8M	200x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin RENDERUSDTM	+0.0100%	4h	1.8300	−0.418%	$4.9M	$12.2M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	1.8311	−0.358%	$9.8M	$10.5M	50x	as long as short
BingX RENDER-USDT	+0.0100%	4h	1.8300	−0.418%	—	$3.9M	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	1.8441	+0.349%	$46K	$269K	50x	as long as short
Phemex RENDERUSDT	+0.0100%	8h	1.8360	−0.092%	$1.8M	$3.9M	50x	as long as short
Extended RENDER-USDshort	+0.0104%	1h	1.8297	−0.432%	$28K	$201K	10x
Coinbase International RENDER-PERP-INTX	+0.0168%	1h	1.8360	−0.092%	$151K	$64K	50x	as long as short
Phoenix RENDER	+0.0171%	1h	1.8384	+0.039%	$47K	$297K	5x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	1.8340	−0.201%	$587K	$1.1M	90x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0363% / S −0.0912%	1h	1.8341	−0.193%	$15K	—	100x	as long as short
Kraken Futures PF_RENDERUSD	+0.0670%	1h	1.8363	−0.073%	$473K	$1.0M	50x	as long as short
Hyperliquid RENDER	+0.0973%	1h	1.8345	−0.173%	$4.2M	$3.4M	5x	as long as short