RENDER

Alert

Funding spread now, next payment 17:00 UTC+0.0678%/8h

next payment, per $10,000+$0.85paid, last 24h+0.074%paid, last 3 days+0.127%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.127% in total (about 16.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni RENDERUSDT	1.8013	0.0100	pay 0.0013% / 1h	26m 05s	$46K	$259K	50x
Short	GMX RENDER/USD [ETH-USDC]	1.8010	L +0.0335% / S −0.0778%	get 0.0097% / 1h	26m 05s	$13K	—	100x

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee GMXbpOrdersRate

Funding earned: $142.42
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $120.42
Break-even: 1.1 days

Slippage unknown: ApeX Omni: live order book, 17 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.016%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 ApeX Omni live order book, 17 min ago	8.31 bp	16.4 bp −$16	131.6 bp −$1,316	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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phemex RENDERUSDT	−0.0297%	8h	$1.9M	$4.4M	50x	as long as short
Deribit RENDER_USDC-PERPETUAL	−0.0139%	1h	$10K	$127K	25x	as long as short
Kraken Futures PF_RENDERUSD	−0.0057%	1h	$468K	$1.4M	50x	as long as short
Phoenix RENDER	−0.0045%	1h	$38K	$493K	5x	as long as short
Variational Omni RENDER	−0.0002%	4h	$215K	$120K	—	as long as short
dYdX RENDER-USD	0.0000%	1h	$18K	$23K	5x	as long as short
Gate RENDER_USDT	+0.0008%	4h	$529K	$1.2M	50x	as long as short
Aster RENDERUSDT	+0.0100%	4h	$261K	$219K	20x	as long as short
Binance RENDERUSDT	+0.0100%	4h	$11.8M	$58.6M	75x	as long as short
Bybit RENDERUSDT	+0.0100%	4h	$11.8M	$17.6M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX RENDER-USDT-SWAP	+0.0100%	4h	$3.1M	$11.4M	20x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	$10.5M	$12.6M	200x	as long as short
KuCoin RENDERUSDTM	+0.0100%	4h	$4.6M	$13.0M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	$9.6M	$12.3M	50x	as long as short
BingX RENDER-USDT	+0.0100%	4h	—	$4.2M	—	as long as short
ApeX Omni RENDERUSDTlong	+0.0100%	1h	$46K	$259K	50x
Extended RENDER-USD	+0.0104%	1h	$30K	$181K	10x	as long as short
GMX RENDER/USD [ETH-USDC]short	L +0.0335% / S −0.0778%	1h	$13K	—	100x
Injective RENDER/USDC PERP	+0.0339%	1h	$6K	$113K	12x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	$586K	$1.5M	90x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0368%	1h	$155K	$57K	50x	as long as short
Hyperliquid RENDER	+0.0531%	1h	$3.8M	$4.5M	5x	as long as short