RENDER

Alert

Funding spread now, next payment 20:00 UTC−0.0380%/8h

paid, last 24h0.000%paid, last 7 days−0.043%to open and close $10k−$154

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.3% 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	Gate RENDER_USDT	1.7982	0.0028	pay 0.0014% / 4h	3h 33m	$529K	$1.2M	50x
Short	Phemex RENDERUSDT	1.7960	−0.0352	pay 0.0352% / 8h	7h 33m	$1.9M	$4.4M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee PhemexbpOrdersRate

Funding earned: −$79.87
Slippage, 4 orders: −$127.37
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$234.23
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Phemex: live order book, 1 min ago.

Price risk

price view

Price gap now: −0.122%
Avg gap 7d: +0.016%

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 Gate live order book, 5 min ago	6.37 bp	40.7 bp −$41	153.0 bp −$1,530	doesn't fit	doesn't fit
Sell Phemex live order book, 1 min ago	2.79 bp	46.5 bp −$47	117.3 bp −$1,173	doesn't fit	doesn't fit

RENDER on 22 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phemex RENDERUSDTshort	−0.0352%	8h	$1.9M	$4.4M	50x
Deribit RENDER_USDC-PERPETUAL	−0.0195%	1h	$10K	$127K	25x	as long as short
Kraken Futures PF_RENDERUSD	−0.0057%	1h	$466K	$1.5M	50x	as long as short
Phoenix RENDER	−0.0045%	1h	$38K	$493K	5x	as long as short
dYdX RENDER-USD	0.0000%	1h	$18K	$23K	5x	as long as short
Variational Omni RENDER	+0.0016%	4h	$216K	$120K	—	as long as short
Gate RENDER_USDTlong	+0.0028%	4h	$529K	$1.2M	50x
Aster RENDERUSDT	+0.0100%	4h	$260K	$230K	20x	as long as short
Binance RENDERUSDT	+0.0100%	4h	$11.8M	$60.5M	75x	as long as short
Bybit RENDERUSDT	+0.0100%	4h	$11.7M	$18.4M	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	$11.7M	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	$13.2M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	$9.5M	$12.5M	50x	as long as short
BingX RENDER-USDT	+0.0100%	4h	—	$4.3M	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	$46K	$260K	50x	as long as short
Extended RENDER-USD	+0.0104%	1h	$30K	$192K	10x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0335% / S −0.0778%	1h	$13K	—	100x	as long as short
Injective RENDER/USDC PERP	+0.0339%	1h	$6K	$113K	12x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	$584K	$1.5M	90x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0368%	1h	$155K	$70K	50x	as long as short
Hyperliquid RENDER	+0.0605%	1h	$3.8M	$4.5M	5x	as long as short