Funding you earn now, next payment 06:00 UTC−0.0226%/8h= −24.7% APRnext payment −$0.28 per $10,000 · paid last 24h +0.275%
Price spread now: dYdX against Injective+1.140%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. dYdX is 1.140% dearer against Injective than usual: you sell high and buy low (spread +1.140% now, against zero (this spread has no 7-day history yet)): +$114 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective RENDER/USDC PERP | 1.7950 | 0.0235 | pay 0.0029% / 1h | 0m 32s | $11K | $194K | 12x |
| Short | dYdX RENDER-USD | 1.8155 | 0.0009 | get 0.0001% / 1h | 0m 32s | $18K | $22K | 5x |
Injective RENDER/USDC PERP
dYdX RENDER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Injective. 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
- −$47.38
- Price spread: +1.140% → 0.000%
- $113.96
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $56.55
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 64 min ago; dYdX: 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 Injective live order book, 64 min ago | 46.56 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX RENDER-USDshort | +0.0009% | 1h | 1.8155 | +1.140% | $18K | $22K | 5x | |
| Deribit RENDER_USDC-PERPETUAL | +0.0025% | 1h | 1.8166 | +1.203% | $18K | $37K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8178 | +1.269% | $278K | $177K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8140 | +1.058% | $11.8M | $47.8M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8130 | +1.003% | $11.8M | $13.4M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8160 | +1.170% | $3.1M | $8.4M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8146 | +1.092% | $521K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8140 | +1.058% | $11.2M | $11.6M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8150 | +1.114% | $4.8M | $10.8M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8150 | +1.114% | $9.9M | $10.9M | 50x | as long as short |
Deribit RENDER_USDC-PERPETUAL
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 | 1.8150 | +1.114% | — | $5.2M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8152 | +1.123% | $257K | $314K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8139 | +1.053% | $40K | $250K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8160 | +1.170% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8143 | +1.072% | $26K | $195K | 10x | as long as short |
| Injective RENDER/USDC PERPlong | +0.0235% | 1h | 1.7950 | long leg | $11K | $194K | 12x | |
| Phoenix RENDER | +0.0264% | 1h | 1.8164 | +1.192% | $47K | $334K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8170 | +1.226% | $605K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0361% / S −0.0906% | 1h | 1.8149 | +1.107% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0584% | 1h | 1.8160 | +1.170% | $150K | $62K | 50x | as long as short |
| Hyperliquid RENDER | +0.0649% | 1h | 1.8166 | +1.203% | $4.1M | $3.3M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1233% | 1h | 1.8181 | +1.290% | $424K | $1.3M | 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]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD