RENDER

Alert

Funding spread now, next payment 18:00 UTC+0.0678%/8h

paid, last 24h+0.082%paid, last 3 days+0.183%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 0.183% in total (about 23.2% a year). A funding rate is set anew for every payment. 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	Binance RENDERUSDT	1.7890	0.0100	pay 0.0050% / 4h	2h 40m	$11.7M	$50.5M	75x
Short	GMX RENDER/USD [ETH-USDC]	1.7886	L +0.0335% / S −0.0778%	get 0.0097% / 1h	40m 04s	$13K	—	100x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee GMXbpOrdersRate

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

Slippage unknown: Binance: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.022%
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 Binance live order book, 4 min ago	2.79 bp	11.1 bp −$11	31.8 bp −$318	248.1 bp −$24.8K	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
Injective RENDER/USDC PERP	−0.2464%	1h	$6K	$79K	12x	as long as short
Deribit RENDER_USDC-PERPETUAL	−0.0197%	1h	$10K	$127K	25x	as long as short
Gate RENDER_USDT	−0.0072%	4h	$528K	$1.1M	50x	as long as short
Variational Omni RENDER	−0.0051%	4h	$291K	$169K	—	as long as short
dYdX RENDER-USD	0.0000%	1h	$18K	$22K	5x	as long as short
Phemex RENDERUSDT	+0.0039%	8h	$1.8M	$4.2M	50x	as long as short
Phoenix RENDER	+0.0044%	1h	$39K	$400K	5x	as long as short
Kraken Futures PF_RENDERUSD	+0.0057%	1h	$462K	$1.2M	50x	as long as short
Aster RENDERUSDT	+0.0100%	4h	$259K	$181K	20x	as long as short
Binance RENDERUSDTlong	+0.0100%	4h	$11.7M	$50.5M	75x

Show all 22 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit RENDERUSDT	+0.0100%	4h	$11.7M	$15.3M	50x	as long as short
OKX RENDER-USDT-SWAP	+0.0100%	4h	$3.1M	$9.1M	20x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	$11.1M	$11.1M	200x	as long as short
KuCoin RENDERUSDTM	+0.0100%	4h	$4.5M	$12.6M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	$9.5M	$10.9M	50x	as long as short
BingX RENDER-USDT	+0.0100%	4h	—	$4.2M	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	$46K	$258K	50x	as long as short
Extended RENDER-USD	+0.0104%	1h	$30K	$179K	10x	as long as short
GMX RENDER/USD [ETH-USDC]short	L +0.0335% / S −0.0778%	1h	$13K	—	100x
BloFin RENDER-USDT	+0.0340%	4h	$589K	$1.4M	90x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0408%	1h	$153K	$54K	50x	as long as short
Hyperliquid RENDER	+0.0805%	1h	$4.0M	$4.3M	5x	as long as short