Settings8H · net · $10k
Funding arb · Price arb /

RENDER

all RENDER markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against MEXC−0.012%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$540.541% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.012%, 7d avg 0.000%
Together, before fees+0.059%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RENDER_USDT1.84300.0100pay 0.0050% / 4h1h 56m$11.7M$10.2M200x
ShortExtended RENDER-USD1.84280.0104get 0.0013% / 1h56m 04s$31K$178K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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

Funding earned
$0.84
Price spread: −0.012% → 0.000%
−$1.2
Slippage, 4 orders
−$49.09
Fee MEXC: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$54.45
Costs to cover
0.541%
Break-even
460.7 days
Slippage from MEXC: live order book, 2 min ago; Extended: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago2.72 bp2.7 bp −$311.2 bp −$11245.5 bp −$4,552208.1 bp −$104.1K
Sell Extended live order book, 25 min ago11.51 bp23.0 bp −$2374.5 bp −$745doesn't fitdoesn't fit

RENDER on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective RENDER/USDC PERP−0.0576%1h1.8400−0.163%$6K$165K12xas long as short
Variational Omni RENDER−0.0369%4h1.8424−0.032%$222K$296Kas long as short
dYdX RENDER-USD0.0000%1h1.8448+0.099%$19K$21K5xas long as short
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.8446+0.087%$11K$30K25xas long as short
Aster RENDERUSDT+0.0100%4h1.8463+0.177%$264K$184K20xas long as short
Binance RENDERUSDT+0.0100%4h1.8431+0.004%$12.2M$48.6M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.8408−0.119%$12.0M$14.2M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.84300.000%$3.1M$8.6M20xas long as short
Gate RENDER_USDT+0.0100%4h1.8441+0.060%$537K$1.1M50xas long as short
MEXC RENDER_USDTlong+0.0100%4h1.8430long leg$11.7M$10.2M200x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RENDERUSDTM+0.0100%4h1.84300.000%$5.0M$12.9M50xas long as short
Bitget RENDERUSDT+0.0100%4h1.8429−0.005%$9.9M$10.4M50xas long as short
BingX RENDER-USDT+0.0100%4h1.8440+0.054%$4.4Mas long as short
ApeX Omni RENDERUSDT+0.0100%1h1.8456+0.141%$43K$267K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.8450+0.109%$1.8M$4.0M50xas long as short
Extended RENDER-USDshort+0.0104%1h1.8428−0.012%$31K$178K10x
Phoenix RENDER+0.0173%1h1.8377−0.288%$40K$325K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.8400−0.163%$595K$1.4M90xas long as short
Coinbase International RENDER-PERP-INTX+0.0352%1h1.8670+1.302%$154K$69K50xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0361% / S −0.0904%1h1.8441+0.058%$15K100xas long as short
Kraken Futures PF_RENDERUSD+0.0579%1h1.8475+0.247%$469K$1.1M50xas long as short
Hyperliquid RENDER+0.0769%1h1.8459+0.157%$4.2M$3.7M5xas long as short