Funding spread now, next payment 14:00 UTC−0.0235%/8h
paid, last 24h−0.035%paid, last 3 days−0.057%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 -0.057% in total (about -7.7% 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 | GMX RENDER/USD [ETH-USDC] | 1.8146 | L +0.0335% / S −0.0765% | pay 0.0042% / 1h | 41m 01s | $13K | — | 100x |
| Short | Bitget RENDERUSDT | 1.8134 | 0.0100 | get 0.0050% / 4h | 2h 41m | $9.8M | $11.7M | 50x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$49.3
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$73.3
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 4 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.068%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 4 min ago | 4.96 bp | 18.4 bp −$18 | 37.5 bp −$375 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|
| Deribit RENDER_USDC-PERPETUAL | −0.0301% | 1h | $14K | $123K | 25x | as long as short |
| Variational Omni RENDER | −0.0145% | 4h | $220K | $99K | — | as long as short |
| Injective RENDER/USDC PERP | −0.0103% | 1h | $7K | $141K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | $18K | $26K | 5x | as long as short |
| Phoenix RENDER | 0.0000% | 1h | $39K | $466K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | $260K | $219K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | $11.7M | $58.6M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | $12.0M | $18.7M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | $3.1M | $11.8M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | $519K | $1.3M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| MEXC RENDER_USDT | +0.0100% | 4h | $12.1M | $11.0M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | $4.6M | $12.0M | 50x | as long as short |
| Bitget RENDERUSDTshort | +0.0100% | 4h | $9.8M | $11.7M | 50x | |
| BingX RENDER-USDT | +0.0100% | 4h | — | $4.2M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | $49K | $259K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | $2.0M | $4.1M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | $30K | $206K | 10x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0128% | 1h | $157K | $77K | 50x | as long as short |
| GMX RENDER/USD [ETH-USDC]long | L +0.0335% / S −0.0765% | 1h | $13K | — | 100x | |
| BloFin RENDER-USDT | +0.0340% | 4h | $588K | $1.5M | 90x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0487% | 1h | $478K | $1.4M | 50x | as long as short |
| Hyperliquid RENDER | +0.0516% | 1h | $4.1M | $4.2M | 5x | as long as short |
GMX RENDER/USD [ETH-USDC]
Bitget RENDERUSDT
Deribit RENDER_USDC-PERPETUAL
Variational Omni RENDER
Injective RENDER/USDC PERP
Phoenix RENDER
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Coinbase International RENDER-PERP-INTX
BloFin RENDER-USDT
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER