RENDER

Alert

Funding spread now, next payment 19:00 UTC+0.0674%/8h

next payment, per $10,000+$0.84paid, last 24h+0.089%paid, last 3 days+0.188%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 0.188% in total (about 23.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.84 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	Extended RENDER-USD	1.7815	0.0104	pay 0.0013% / 1h	13m 50s	$30K	$179K	10x
Short	GMX RENDER/USD [ETH-USDC]	1.7817	L +0.0334% / S −0.0778%	get 0.0097% / 1h	13m 50s	$13K	—	100x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee GMXbpOrdersRate

Funding earned: $141.58
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: $124.58
Break-even: 0.8 days

Slippage unknown: Extended: live order book, 16 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.008%
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 Extended live order book, 16 min ago	11.71 bp	24.3 bp −$24	239.9 bp −$2,399	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
Kraken Futures PF_RENDERUSD	−0.0279%	1h	$453K	$1.1M	50x	as long as short
Injective RENDER/USDC PERP	−0.0124%	1h	$5K	$97K	12x	as long as short
Variational Omni RENDER	−0.0075%	4h	$214K	$257K	—	as long as short
Gate RENDER_USDT	−0.0030%	4h	$517K	$1.1M	50x	as long as short
dYdX RENDER-USD	0.0000%	1h	$18K	$22K	5x	as long as short
Phoenix RENDER	+0.0090%	1h	$39K	$336K	5x	as long as short
Hyperliquid RENDER	+0.0100%	1h	$3.8M	$4.1M	5x	as long as short
Aster RENDERUSDT	+0.0100%	4h	$256K	$177K	20x	as long as short
Binance RENDERUSDT	+0.0100%	4h	$11.6M	$48.7M	75x	as long as short
Bybit RENDERUSDT	+0.0100%	4h	$11.7M	$14.7M	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	$8.5M	20x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	$10.5M	$10.1M	200x	as long as short
KuCoin RENDERUSDTM	+0.0100%	4h	$4.5M	$12.9M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	$9.4M	$10.5M	50x	as long as short
BingX RENDER-USDT	+0.0100%	4h	—	$4.2M	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	$44K	$260K	50x	as long as short
Phemex RENDERUSDT	+0.0100%	8h	$1.8M	$4.0M	50x	as long as short
Extended RENDER-USDlong	+0.0104%	1h	$30K	$179K	10x
Deribit RENDER_USDC-PERPETUAL	+0.0199%	1h	$10K	$127K	25x	as long as short
GMX RENDER/USD [ETH-USDC]short	L +0.0334% / S −0.0778%	1h	$13K	—	100x
BloFin RENDER-USDT	+0.0340%	4h	$578K	$1.3M	90x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0456%	1h	$153K	$53K	50x	as long as short