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

RENDER

all RENDER markets
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Funding spread now, next payment 15:00 UTC−0.2333%/8h
paid, last 24h−0.173%paid, last 7 days−0.122%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 -0.122% in total (about -6.4% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX RENDER-USDT-SWAP1.82800.0100pay 0.0050% / 4h1h 57m$3.2M$12.1M20x
ShortInjective RENDER/USDC PERP1.8280−0.2233pay 0.0279% / 1h57m 32s$7K$113K12x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$489.85
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$499.87
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Injective: live order book, 33 min ago. Net counts fees only.

Price risk

price view
Price gap now
0.000%
Avg gap 7d
−0.220%
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 OKX live order book, 2 min ago2.74 bp17.2 bp −$1747.8 bp −$478doesn't fitdoesn't fit
Sell Injective live order book, 33 min ago130.37 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

RENDER on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective RENDER/USDC PERPshort−0.2233%1h$7K$113K12x
Deribit RENDER_USDC-PERPETUAL−0.0188%1h$15K$123K25xas long as short
Variational Omni RENDER−0.0053%4h$227K$110Kas long as short
dYdX RENDER-USD0.0000%1h$19K$26K5xas long as short
Phoenix RENDER0.0000%1h$39K$466K5xas long as short
Aster RENDERUSDT+0.0100%4h$262K$220K20xas long as short
Binance RENDERUSDT+0.0100%4h$11.8M$60.3M75xas long as short
Bybit RENDERUSDT+0.0100%4h$12.1M$19.1M50xas long as short
OKX RENDER-USDT-SWAPlong+0.0100%4h$3.2M$12.1M20x
Gate RENDER_USDT+0.0100%4h$513K$1.3M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC RENDER_USDT+0.0100%4h$11.9M$11.3M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h$4.6M$12.3M50xas long as short
Bitget RENDERUSDT+0.0100%4h$9.8M$11.9M50xas long as short
BingX RENDER-USDT+0.0100%4h$4.3Mas long as short
ApeX Omni RENDERUSDT+0.0100%1h$49K$258K50xas long as short
Phemex RENDERUSDT+0.0100%8h$2.0M$4.4M50xas long as short
Extended RENDER-USD+0.0104%1h$30K$206K10xas long as short
Coinbase International RENDER-PERP-INTX+0.0256%1h$159K$80K50xas long as short
Kraken Futures PF_RENDERUSD+0.0302%1h$485K$1.5M50xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0336% / S −0.0765%1h$13K100xas long as short
BloFin RENDER-USDT+0.0340%4h$593K$1.5M90xas long as short
Hyperliquid RENDER+0.0347%1h$4.0M$4.4M5xas long as short