data as of
Settings8H · net · $10k
Funding arb /

RENDER

all RENDER markets
SwapPrice view
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Funding spread now, next payment 16:00 UTC−0.0145%/8h
paid, last 24h+0.009%paid, last 7 days−0.295%to open and close $10k−$58
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RENDERUSDT1.79700.0100pay 0.0050% / 4h3h 33m$11.7M$18.4M50x
ShortPhoenix RENDER1.8039−0.0045pay 0.0006% / 1h33m 53s$38K$493K5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$30.44
Slippage, 4 orders
−$40.17
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$88.61
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Phoenix: live order book, 10 min ago.

Price risk

price view
Price gap now
+0.384%
Avg gap 7d
+0.157%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago2.79 bp16.8 bp −$1740.3 bp −$403doesn't fitdoesn't fit
Sell Phoenix live order book, 10 min ago1.11 bp13.5 bp −$1345.6 bp −$456doesn't fitdoesn't fit

RENDER on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex RENDERUSDT−0.0352%8h$1.9M$4.4M50xas long as short
Deribit RENDER_USDC-PERPETUAL−0.0195%1h$10K$127K25xas long as short
Kraken Futures PF_RENDERUSD−0.0057%1h$466K$1.5M50xas long as short
Phoenix RENDERshort−0.0045%1h$38K$493K5x
dYdX RENDER-USD0.0000%1h$18K$23K5xas long as short
Variational Omni RENDER+0.0016%4h$216K$120Kas long as short
Gate RENDER_USDT+0.0028%4h$529K$1.2M50xas long as short
Aster RENDERUSDT+0.0100%4h$260K$230K20xas long as short
Binance RENDERUSDT+0.0100%4h$11.8M$60.5M75xas long as short
Bybit RENDERUSDTlong+0.0100%4h$11.7M$18.4M50x
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX RENDER-USDT-SWAP+0.0100%4h$3.1M$11.7M20xas long as short
MEXC RENDER_USDT+0.0100%4h$10.5M$12.6M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h$4.6M$13.2M50xas long as short
Bitget RENDERUSDT+0.0100%4h$9.5M$12.5M50xas long as short
BingX RENDER-USDT+0.0100%4h$4.3Mas long as short
ApeX Omni RENDERUSDT+0.0100%1h$46K$260K50xas long as short
Extended RENDER-USD+0.0104%1h$30K$192K10xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0335% / S −0.0778%1h$13K100xas long as short
Injective RENDER/USDC PERP+0.0339%1h$6K$113K12xas long as short
BloFin RENDER-USDT+0.0340%4h$584K$1.5M90xas long as short
Coinbase International RENDER-PERP-INTX+0.0368%1h$155K$70K50xas long as short
Hyperliquid RENDER+0.0605%1h$3.8M$4.5M5xas long as short