RENDER

Alert

Funding spread now, next payment 15:00 UTC+0.2333%/8h

paid, last 24h+0.173%paid, last 7 days+0.214%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.214% in total (about 11.2% 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	Injective RENDER/USDC PERP	1.7980	−0.2233	get 0.0279% / 1h	54m 48s	$7K	$113K	12x
Short	MEXC RENDER_USDT	1.8120	0.0100	get 0.0050% / 4h	1h 54m	$11.8M	$11.3M	200x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee MEXCbpOrdersRate

Funding earned: $489.85
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee MEXC: 0 bp × 2 orders: $0
Net: $489.83
Break-even: 0.0 days

Slippage unknown: Injective: live order book, 36 min ago; MEXC: live order book, 5 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.779%
Avg gap 7d: +0.186%

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 Injective live order book, 36 min ago	130.37 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	5.49 bp	5.5 bp −$5	16.4 bp −$164	56.4 bp −$5,640	201.3 bp −$100.6K

RENDER on 22 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective RENDER/USDC PERPlong	−0.2233%	1h	$7K	$113K	12x
Deribit RENDER_USDC-PERPETUAL	−0.0301%	1h	$14K	$123K	25x	as long as short
Variational Omni RENDER	−0.0053%	4h	$219K	$120K	—	as long as short
dYdX RENDER-USD	0.0000%	1h	$18K	$26K	5x	as long as short
Phoenix RENDER	0.0000%	1h	$39K	$476K	5x	as long as short
Aster RENDERUSDT	+0.0100%	4h	$259K	$220K	20x	as long as short
Binance RENDERUSDT	+0.0100%	4h	$11.7M	$60.5M	75x	as long as short
Bybit RENDERUSDT	+0.0100%	4h	$12.0M	$19.1M	50x	as long as short
OKX RENDER-USDT-SWAP	+0.0100%	4h	$3.1M	$12.0M	20x	as long as short
Gate RENDER_USDT	+0.0100%	4h	$509K	$1.3M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC RENDER_USDTshort	+0.0100%	4h	$11.8M	$11.3M	200x
KuCoin RENDERUSDTM	+0.0100%	4h	$4.6M	$12.3M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	$9.8M	$11.9M	50x	as long as short
BingX RENDER-USDT	+0.0100%	4h	—	$4.3M	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	$49K	$258K	50x	as long as short
Phemex RENDERUSDT	+0.0100%	8h	$2.0M	$4.4M	50x	as long as short
Extended RENDER-USD	+0.0104%	1h	$30K	$206K	10x	as long as short
Hyperliquid RENDER	+0.0211%	1h	$3.9M	$4.4M	5x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0256%	1h	$159K	$79K	50x	as long as short
Kraken Futures PF_RENDERUSD	+0.0304%	1h	$483K	$1.5M	50x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0335% / S −0.0765%	1h	$13K	—	100x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	$588K	$1.5M	90x	as long as short