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

RENDER

all RENDER markets
SwapPrice view
Alert
Funding spread now, next payment 13:00 UTC−0.0028%/8h
paid, last 24h−0.028%paid, last 7 days−0.637%to open and close $10k−$1,859
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International RENDER-PERP-INTX1.82800.0128pay 0.0016% / 1h39m 27s$157K$77K50x
ShortPhemex RENDERUSDT1.81200.0100get 0.0100% / 8h2h 39m$2.0M$4.1M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$5.88
Slippage, 4 orders
−$1,837.19
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$1,865.07
Break-even
never at this rate
Slippage from Coinbase International: live order book, 20 min ago; Phemex: live order book, 6 min ago.

Price risk

price view
Price gap now
−0.875%
Avg gap 7d
−0.289%
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 Coinbase International live order book, 20 min ago11.04 bp1150.8 bp −$1,151doesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 6 min ago2.76 bp22.0 bp −$2298.3 bp −$983doesn't fitdoesn't fit

RENDER on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit RENDER_USDC-PERPETUAL−0.0246%1h$14K$123K25xas long as short
Variational Omni RENDER−0.0145%4h$220K$99Kas long as short
Injective RENDER/USDC PERP−0.0103%1h$7K$141K12xas long as short
dYdX RENDER-USD0.0000%1h$18K$26K5xas long as short
Phoenix RENDER0.0000%1h$39K$466K5xas long as short
Aster RENDERUSDT+0.0100%4h$260K$219K20xas long as short
Binance RENDERUSDT+0.0100%4h$11.6M$58.6M75xas long as short
Bybit RENDERUSDT+0.0100%4h$12.0M$18.7M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h$3.1M$11.7M20xas long as short
Gate RENDER_USDT+0.0100%4h$519K$1.3M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC RENDER_USDT+0.0100%4h$12.1M$11.0M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h$4.6M$12.0M50xas long as short
Bitget RENDERUSDT+0.0100%4h$9.8M$11.7M50xas long as short
BingX RENDER-USDT+0.0100%4h$4.2Mas long as short
ApeX Omni RENDERUSDT+0.0100%1h$48K$259K50xas long as short
Phemex RENDERUSDTshort+0.0100%8h$2.0M$4.1M50x
Extended RENDER-USD+0.0104%1h$30K$206K10xas long as short
Coinbase International RENDER-PERP-INTXlong+0.0128%1h$157K$77K50x
GMX RENDER/USD [ETH-USDC]L +0.0335% / S −0.0765%1h$13K100xas long as short
BloFin RENDER-USDT+0.0340%4h$588K$1.5M90xas long as short
Hyperliquid RENDER+0.0477%1h$4.1M$4.2M5xas long as short
Kraken Futures PF_RENDERUSD+0.0487%1h$478K$1.4M50xas long as short