RENDER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0802%/8h= +87.8% APRnext payment +$1.00 per $10,000 · paid last 24h +0.196%

Price spread now: GMX against Extended−0.025%7-day average — · you buy dearer than you sell

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

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

Funding pays, the price is against you. GMX is 0.025% cheaper against Extended than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$24 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended RENDER-USD	1.8065	0.0104	pay 0.0013% / 1h	43m 37s	$25K	$214K	10x
Short	GMX RENDER/USD [ETH-USDC]	1.8061	L +0.0361% / S −0.0906%	get 0.0113% / 1h	43m 37s	$15K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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 ExtendedbpFee GMXbpOrdersPrice spread, now −0.025%Rate

Funding earned: $168.45
Price spread: −0.025% → 0.000%: −$2.46
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: $148.99
Costs to cover: 0.170%
Break-even: 0.8 days

Slippage unknown: Extended: live order book, 57 min ago; 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 Extended live order book, 57 min ago	9.68 bp	20.5 bp −$20	257.3 bp −$2,573	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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 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	−0.0131%	1h	1.8070	+0.027%	$11K	$194K	12x	as long as short
dYdX RENDER-USD	+0.0014%	1h	1.8066	+0.007%	$18K	$22K	5x	as long as short
Deribit RENDER_USDC-PERPETUAL	+0.0082%	1h	1.8073	+0.044%	$18K	$37K	25x	as long as short
Binance RENDERUSDT	+0.0100%	4h	1.8077	+0.067%	$11.7M	$46.2M	75x	as long as short
Bybit RENDERUSDT	+0.0100%	4h	1.8070	+0.027%	$11.8M	$12.7M	50x	as long as short
OKX RENDER-USDT-SWAP	+0.0100%	4h	1.8090	+0.138%	$3.1M	$8.2M	20x	as long as short
Gate RENDER_USDT	+0.0100%	4h	1.8051	−0.078%	$516K	$1.2M	50x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	1.8060	−0.028%	$11.0M	$11.7M	200x	as long as short
KuCoin RENDERUSDTM	+0.0100%	4h	1.8070	+0.027%	$4.8M	$10.2M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	1.8078	+0.072%	$9.8M	$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	1.8070	+0.027%	—	$5.1M	—	as long as short
Variational Omni RENDER	+0.0100%	4h	1.8071	+0.036%	$256K	$314K	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	1.8064	−0.006%	$40K	$251K	50x	as long as short
Phemex RENDERUSDT	+0.0100%	8h	1.8060	−0.028%	$1.8M	$3.9M	50x	as long as short
Extended RENDER-USDlong	+0.0104%	1h	1.8065	long leg	$25K	$214K	10x
Aster RENDERUSDT	+0.0162%	4h	1.8081	+0.086%	$277K	$189K	20x	as long as short
Phoenix RENDER	+0.0266%	1h	1.8050	−0.083%	$46K	$339K	5x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	1.8070	+0.027%	$604K	$1.2M	90x	as long as short
GMX RENDER/USD [ETH-USDC]short	L +0.0361% / S −0.0906%	1h	1.8061	−0.025%	$15K	—	100x
Hyperliquid RENDER	+0.0426%	1h	1.8086	+0.116%	$4.1M	$3.4M	5x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0512%	1h	1.8060	−0.028%	$149K	$61K	50x	as long as short
Kraken Futures PF_RENDERUSD	+0.0734%	1h	1.8072	+0.037%	$423K	$1.4M	50x	as long as short