RENDER

Alert

Funding spread now, next payment 15:00 UTC+0.0665%/8h

paid, last 24h+0.058%paid, last 3 days+0.160%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 0.160% in total (about 21.2% 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	MEXC RENDER_USDT	1.8040	0.0100	pay 0.0050% / 4h	1h 51m	$11.2M	$11.4M	200x
Short	GMX RENDER/USD [ETH-USDC]	1.7998	L +0.0335% / S −0.0765%	get 0.0096% / 1h	51m 31s	$13K	—	100x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee GMXbpOrdersRate

Funding earned: $139.64
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $127.64
Break-even: 0.6 days

Slippage unknown: MEXC: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.232%
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 MEXC live order book, 3 min ago	5.53 bp	20.5 bp −$21	43.2 bp −$432	89.1 bp −$8,907	238.7 bp −$119.4K
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
Injective RENDER/USDC PERP	−0.2233%	1h	$7K	$113K	12x	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
Deribit RENDER_USDC-PERPETUAL	0.0000%	1h	$14K	$123K	25x	as long as short
Aster RENDERUSDT	+0.0100%	4h	$258K	$222K	20x	as long as short
Binance RENDERUSDT	+0.0100%	4h	$11.7M	$60.7M	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	$506K	$1.3M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC RENDER_USDTlong	+0.0100%	4h	$11.2M	$11.4M	200x
KuCoin RENDERUSDTM	+0.0100%	4h	$4.5M	$12.4M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	$9.7M	$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	$48K	$259K	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	+0.0159%	1h	$3.9M	$4.4M	5x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0256%	1h	$155K	$80K	50x	as long as short
Kraken Futures PF_RENDERUSD	+0.0306%	1h	$474K	$1.5M	50x	as long as short
GMX RENDER/USD [ETH-USDC]short	L +0.0335% / S −0.0765%	1h	$13K	—	100x
BloFin RENDER-USDT	+0.0340%	4h	$584K	$1.5M	90x	as long as short