data as of
Settings8H · net · $10k
Funding arb /

RENDER

all RENDER markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC−0.0145%/8h
paid, last 24h−0.008%paid, last 7 days−0.254%to open and close $10k−$33
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RENDER_USDT1.80000.0100pay 0.0050% / 4h3h 29m$10.5M$12.6M200x
ShortPhoenix RENDER1.8037−0.0045pay 0.0006% / 1h29m 05s$38K$493K5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$30.44
Slippage, 4 orders
−$25.52
Fee MEXC: 0 bp × 2 orders
$0
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$62.96
Break-even
never at this rate
Slippage from MEXC: live order book, 6 min ago; Phoenix: live order book, 15 min ago.

Price risk

price view
Price gap now
+0.206%
Avg gap 7d
+0.091%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 6 min ago2.79 bp2.8 bp −$38.0 bp −$8053.7 bp −$5,365224.3 bp −$112.1K
Sell Phoenix live order book, 15 min ago1.11 bp13.5 bp −$1345.6 bp −$456doesn't fitdoesn't fit

RENDER on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex RENDERUSDT−0.0352%8h$1.9M$4.4M50xas long as short
Deribit RENDER_USDC-PERPETUAL−0.0305%1h$10K$127K25xas long as short
Kraken Futures PF_RENDERUSD−0.0057%1h$468K$1.4M50xas long as short
Phoenix RENDERshort−0.0045%1h$38K$493K5x
Gate RENDER_USDT−0.0044%4h$526K$1.2M50xas long as short
Variational Omni RENDER−0.0002%4h$215K$120Kas long as short
dYdX RENDER-USD0.0000%1h$18K$23K5xas long as short
Aster RENDERUSDT+0.0100%4h$261K$219K20xas long as short
Binance RENDERUSDT+0.0100%4h$11.8M$59.4M75xas long as short
Bybit RENDERUSDT+0.0100%4h$11.8M$18.1M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX RENDER-USDT-SWAP+0.0100%4h$3.1M$11.5M20xas long as short
MEXC RENDER_USDTlong+0.0100%4h$10.5M$12.6M200x
KuCoin RENDERUSDTM+0.0100%4h$4.6M$13.1M50xas long as short
Bitget RENDERUSDT+0.0100%4h$9.5M$12.4M50xas long as short
BingX RENDER-USDT+0.0100%4h$4.2Mas long as short
ApeX Omni RENDERUSDT+0.0100%1h$46K$259K50xas long as short
Extended RENDER-USD+0.0104%1h$30K$181K10xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0335% / S −0.0778%1h$13K100xas long as short
Injective RENDER/USDC PERP+0.0339%1h$6K$113K12xas long as short
BloFin RENDER-USDT+0.0340%4h$586K$1.5M90xas long as short
Coinbase International RENDER-PERP-INTX+0.0368%1h$155K$58K50xas long as short
Hyperliquid RENDER+0.0551%1h$3.8M$4.5M5xas long as short