RENDER

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0912%/8h= +99.9% APRnext payment +$1.14 per $10,000 · paid last 24h −0.016%

Price spread now: GMX against dYdX−0.243%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 GMX

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. GMX is 0.243% cheaper against dYdX than usual: you would sell low and buy high (spread −0.243% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 21 hours of funding at the current rate (+$27 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX RENDER-USD	1.8437	0	get 0.0000% / 1h	10m 02s	$19K	$21K	5x
Short	GMX RENDER/USD [ETH-USDC]	1.8392	L +0.0364% / S −0.0912%	get 0.0114% / 1h	10m 02s	$15K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.243%Rate

Funding earned: $191.57
Price spread: −0.243% → 0.000%: −$24.29
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $145.28
Costs to cover: 0.220%
Break-even: 1.7 days

Slippage unknown: dYdX: no order-book sample; GMX: 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 GMX no order-book sample	—	—	—	—	—

dYdX and GMX: 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 21 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	1.8410	−0.145%	$6K	$188K	12x	as long as short
dYdX RENDER-USDlong	0.0000%	1h	1.8437	long leg	$19K	$21K	5x
Deribit RENDER_USDC-PERPETUAL	0.0000%	1h	1.8397	−0.215%	$10K	$30K	25x	as long as short
Aster RENDERUSDT	+0.0100%	4h	1.8436	−0.006%	$266K	$141K	20x	as long as short
Binance RENDERUSDT	+0.0100%	4h	1.8405	−0.171%	$12.1M	$45.8M	75x	as long as short
Bybit RENDERUSDT	+0.0100%	4h	1.8397	−0.215%	$11.8M	$12.9M	50x	as long as short
OKX RENDER-USDT-SWAP	+0.0100%	4h	1.8410	−0.145%	$3.1M	$8.1M	20x	as long as short
Gate RENDER_USDT	+0.0100%	4h	1.8409	−0.150%	$566K	$1.1M	50x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	1.8400	−0.199%	$10.9M	$10.9M	200x	as long as short
KuCoin RENDERUSDTM	+0.0100%	4h	1.8410	−0.145%	$4.9M	$12.0M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget RENDERUSDT	+0.0100%	4h	1.8411	−0.139%	$9.9M	$10.6M	50x	as long as short
BingX RENDER-USDT	+0.0100%	4h	1.8420	−0.090%	—	$3.6M	—	as long as short
Variational Omni RENDER	+0.0100%	4h	1.8432	−0.027%	$227K	$277K	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	1.8426	−0.058%	$46K	$253K	50x	as long as short
Phemex RENDERUSDT	+0.0100%	8h	1.8400	−0.199%	$1.8M	$3.9M	50x	as long as short
Extended RENDER-USD	+0.0104%	1h	1.8405	−0.173%	$26K	$198K	10x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0168%	1h	1.8520	+0.452%	$151K	$59K	50x	as long as short
Phoenix RENDER	+0.0217%	1h	1.8447	+0.056%	$47K	$297K	5x	as long as short
GMX RENDER/USD [ETH-USDC]short	L +0.0364% / S −0.0912%	1h	1.8392	−0.243%	$15K	—	100x
Kraken Futures PF_RENDERUSD	+0.0668%	1h	1.8431	−0.033%	$488K	$1.1M	50x	as long as short
Hyperliquid RENDER	+0.0834%	1h	1.8437	+0.002%	$4.2M	$3.3M	5x	as long as short