RENDER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bitget against Phemex+0.032%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$860.859% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.129%+$13 on $10k

Price spread, last 3 days (all we have)+0.134%+$13 · spread now +0.032%, 7d avg +0.048%

Together, before fees+0.263%+$26 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex RENDERUSDT	1.8610	0.0100	pay 0.0100% / 8h	2h 41m	$1.9M	$4.0M	50x
Short	Bitget RENDERUSDT	1.8616	0.0100	get 0.0050% / 4h	2h 41m	$10.0M	$10.4M	50x

Funding history

latest

Range statsloading…

Bitget against Phemex. 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 PhemexbpFee BitgetbpOrdersPrice spread, now +0.032%Rate

Slippage from Phemex: live order book, 2 min ago; Bitget: live order book, 2 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phemex live order book, 2 min ago	8.05 bp	31.3 bp −$31	90.7 bp −$907	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	3.76 bp	17.3 bp −$17	32.3 bp −$323	doesn't fit	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	−0.0440%	1h	1.8630	+0.107%	$6K	$141K	12x	as long as short
Variational Omni RENDER	−0.0246%	4h	1.8580	−0.161%	$223K	$255K	—	as long as short
Bybit RENDERUSDT	−0.0191%	4h	1.8590	−0.107%	$12.1M	$14.6M	50x	as long as short
Deribit RENDER_USDC-PERPETUAL	−0.0018%	1h	1.8636	+0.140%	$11K	$33K	25x	as long as short
dYdX RENDER-USD	0.0000%	1h	1.8613	+0.016%	$19K	$21K	5x	as long as short
Aster RENDERUSDT	+0.0100%	4h	1.8632	+0.117%	$271K	$189K	20x	as long as short
Binance RENDERUSDT	+0.0100%	4h	1.8611	+0.004%	$12.4M	$49.1M	75x	as long as short
OKX RENDER-USDT-SWAP	+0.0100%	4h	1.8620	+0.054%	$3.2M	$8.8M	20x	as long as short
Gate RENDER_USDT	+0.0100%	4h	1.8612	+0.011%	$545K	$1.1M	50x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	1.8610	0.000%	$12.1M	$10.2M	200x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin RENDERUSDTM	+0.0100%	4h	1.8610	0.000%	$5.2M	$13.0M	50x	as long as short
Bitget RENDERUSDTshort	+0.0100%	4h	1.8616	+0.032%	$10.0M	$10.4M	50x
BingX RENDER-USDT	+0.0100%	4h	1.8610	0.000%	—	$4.3M	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	1.8618	+0.043%	$44K	$265K	50x	as long as short
Phemex RENDERUSDTlong	+0.0100%	8h	1.8610	long leg	$1.9M	$4.0M	50x
Extended RENDER-USD	+0.0104%	1h	1.8619	+0.050%	$31K	$178K	10x	as long as short
Phoenix RENDER	+0.0173%	1h	1.8615	+0.027%	$40K	$336K	5x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	1.8590	−0.107%	$602K	$1.4M	90x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0341% / S −0.0785%	1h	1.8640	+0.160%	$14K	—	100x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0520%	1h	1.8570	−0.215%	$153K	$68K	50x	as long as short
Kraken Futures PF_RENDERUSD	+0.0745%	1h	1.8653	+0.229%	$487K	$1.1M	50x	as long as short
Hyperliquid RENDER	+0.1002%	1h	1.8637	+0.145%	$4.2M	$4.3M	5x	as long as short