RENDER

Alert

Funding spread now, next payment 18:00 UTC−0.0352%/8h

paid, last 24h−0.058%paid, last 5 days−0.075%to open and close $10k−$59

The current rate is far above what this pair has been paying: over the last 5 days it paid -0.075% in total (about -5.8% 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	OKX RENDER-USDT-SWAP	1.7910	0.0100	pay 0.0050% / 4h	2h 36m	$3.1M	$9.0M	20x
Short	Deribit RENDER_USDC-PERPETUAL	1.7924	−0.0252	pay 0.0031% / 1h	36m 51s	$10K	$127K	25x

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 OKXbpFee DeribitbpOrdersRate

Funding earned: −$73.89
Slippage, 4 orders: −$42.49
Fee OKX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$133.38
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Deribit: live order book, 48 min ago.

Price risk

price view

Price gap now: +0.078%
Avg gap 7d: −0.017%

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 OKX live order book, 3 min ago	2.79 bp	16.5 bp −$17	46.6 bp −$466	doesn't fit	doesn't fit
Sell Deribit live order book, 48 min ago	5.57 bp	14.6 bp −$15	doesn't fit	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
Injective RENDER/USDC PERP	−0.2464%	1h	$6K	$79K	12x	as long as short
Deribit RENDER_USDC-PERPETUALshort	−0.0252%	1h	$10K	$127K	25x
Gate RENDER_USDT	−0.0106%	4h	$529K	$1.1M	50x	as long as short
Variational Omni RENDER	−0.0051%	4h	$291K	$169K	—	as long as short
dYdX RENDER-USD	0.0000%	1h	$18K	$22K	5x	as long as short
Phemex RENDERUSDT	+0.0001%	8h	$1.9M	$4.1M	50x	as long as short
Phoenix RENDER	+0.0044%	1h	$39K	$400K	5x	as long as short
Kraken Futures PF_RENDERUSD	+0.0057%	1h	$464K	$1.2M	50x	as long as short
Aster RENDERUSDT	+0.0100%	4h	$260K	$181K	20x	as long as short
Binance RENDERUSDT	+0.0100%	4h	$11.7M	$50.1M	75x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit RENDERUSDT	+0.0100%	4h	$11.7M	$15.2M	50x	as long as short
OKX RENDER-USDT-SWAPlong	+0.0100%	4h	$3.1M	$9.0M	20x
MEXC RENDER_USDT	+0.0100%	4h	$10.9M	$11.1M	200x	as long as short
KuCoin RENDERUSDTM	+0.0100%	4h	$4.5M	$12.6M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	$9.5M	$10.8M	50x	as long as short
BingX RENDER-USDT	+0.0100%	4h	—	$4.1M	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	$46K	$258K	50x	as long as short
Extended RENDER-USD	+0.0104%	1h	$30K	$179K	10x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0335% / S −0.0778%	1h	$13K	—	100x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	$587K	$1.4M	90x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0408%	1h	$154K	$54K	50x	as long as short
Hyperliquid RENDER	+0.0789%	1h	$4.0M	$4.2M	5x	as long as short