RENDER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against OKX0.000%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$640.644% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 7 days+0.061%+$6 · spread now 0.000%, 7d avg +0.001%

Together, before fees+0.128%+$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX RENDER-USDT-SWAP	1.8700	0.0100	pay 0.0050% / 4h	56m 48s	$3.1M	$8.3M	20x
Short	Binance RENDERUSDT	1.8700	0.0100	get 0.0050% / 4h	56m 48s	$12.5M	$47.0M	75x

Funding history

latest

Range statsloading…

Binance against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee OKXbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Slippage from OKX: live order book, 1 min ago; Binance: live order book, 15 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 1 min ago	2.69 bp	20.5 bp −$20	55.5 bp −$555	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	2.66 bp	14.5 bp −$14	30.6 bp −$306	129.9 bp −$13.0K	doesn't fit

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	−0.0223%	1h	1.8600	−0.535%	$6K	$188K	12x	as long as short
dYdX RENDER-USD	0.0000%	1h	1.8577	−0.659%	$19K	$21K	5x	as long as short
Deribit RENDER_USDC-PERPETUAL	0.0000%	1h	1.8649	−0.273%	$11K	$30K	25x	as long as short
Binance RENDERUSDTshort	+0.0100%	4h	1.8700	0.000%	$12.5M	$47.0M	75x
Bybit RENDERUSDT	+0.0100%	4h	1.8680	−0.107%	$11.9M	$13.2M	50x	as long as short
OKX RENDER-USDT-SWAPlong	+0.0100%	4h	1.8700	long leg	$3.1M	$8.3M	20x
Gate RENDER_USDT	+0.0100%	4h	1.8663	−0.198%	$570K	$1.2M	50x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	1.8680	−0.107%	$13.1M	$11.2M	200x	as long as short
KuCoin RENDERUSDTM	+0.0100%	4h	1.8700	0.000%	$5.1M	$11.8M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	1.8700	0.000%	$10.2M	$10.8M	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	1.8680	−0.107%	—	$3.6M	—	as long as short
Variational Omni RENDER	+0.0100%	4h	1.8641	−0.315%	$265K	$313K	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	1.8674	−0.139%	$42K	$253K	50x	as long as short
Phemex RENDERUSDT	+0.0100%	8h	1.8650	−0.267%	$1.9M	$4.0M	50x	as long as short
Extended RENDER-USD	+0.0104%	1h	1.8665	−0.185%	$27K	$200K	10x	as long as short
Phoenix RENDER	+0.0259%	1h	1.8608	−0.492%	$48K	$315K	5x	as long as short
Aster RENDERUSDT	+0.0320%	4h	1.8699	−0.005%	$271K	$144K	20x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	1.8610	−0.481%	$592K	$1.2M	90x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0367% / S −0.0912%	1h	1.8633	−0.356%	$16K	—	100x	as long as short
Hyperliquid RENDER	+0.0576%	1h	1.8693	−0.037%	$4.2M	$3.2M	5x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0720%	1h	1.8900	+1.070%	$155K	$57K	50x	as long as short
Kraken Futures PF_RENDERUSD	+0.1259%	1h	1.8670	−0.163%	$485K	$1.1M	50x	as long as short