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

RENDER

all RENDER markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC−0.0002%/8h
paid, last 24h−0.007%paid, last 7 days−0.166%to open and close $10k−$81
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex RENDERUSDT1.79400.0046pay 0.0046% / 8h6h 38m$1.9M$4.2M50x
ShortPhoenix RENDER1.79430.0044get 0.0006% / 1h38m 33s$39K$400K5x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$0.35
Slippage, 4 orders
−$62.36
Fee Phemex: 6 bp × 2 orders
−$12
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$81.71
Break-even
never at this rate
Slippage from Phemex: live order book, 2 min ago; Phoenix: live order book, 65 min ago.

Price risk

price view
Price gap now
+0.017%
Avg gap 7d
+0.084%
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 Phemex live order book, 2 min ago8.39 bp26.7 bp −$27103.1 bp −$1,031doesn't fitdoesn't fit
Sell Phoenix live order book, 65 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
Injective RENDER/USDC PERP−0.2464%1h$6K$79K12xas long as short
Deribit RENDER_USDC-PERPETUAL−0.0084%1h$10K$127K25xas long as short
Gate RENDER_USDT−0.0078%4h$529K$1.1M50xas long as short
Variational Omni RENDER−0.0051%4h$291K$169Kas long as short
dYdX RENDER-USD0.0000%1h$18K$22K5xas long as short
Phoenix RENDERshort+0.0044%1h$39K$400K5x
Phemex RENDERUSDTlong+0.0046%8h$1.9M$4.2M50x
Kraken Futures PF_RENDERUSD+0.0057%1h$464K$1.2M50xas long as short
Aster RENDERUSDT+0.0100%4h$260K$181K20xas long as short
Binance RENDERUSDT+0.0100%4h$11.7M$50.3M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit RENDERUSDT+0.0100%4h$11.8M$15.3M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h$3.1M$9.0M20xas long as short
MEXC RENDER_USDT+0.0100%4h$11.1M$11.1M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h$4.5M$12.6M50xas long as short
Bitget RENDERUSDT+0.0100%4h$9.6M$10.9M50xas long as short
BingX RENDER-USDT+0.0100%4h$4.1Mas long as short
ApeX Omni RENDERUSDT+0.0100%1h$45K$258K50xas long as short
Extended RENDER-USD+0.0104%1h$30K$179K10xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0335% / S −0.0778%1h$13K100xas long as short
BloFin RENDER-USDT+0.0340%4h$591K$1.4M90xas long as short
Coinbase International RENDER-PERP-INTX+0.0408%1h$153K$54K50xas long as short
Hyperliquid RENDER+0.0807%1h$4.0M$4.2M5xas long as short