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

RENDER

all RENDER markets
SwapPrice view
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Funding spread now, next payment 18:00 UTC+0.0010%/8h
paid, last 24h+0.009%paid, last 5 days+0.309%to open and close $10k−$79
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix RENDER1.79200.0090pay 0.0011% / 1h59m 52s$39K$336K5x
ShortAster RENDERUSDT1.79320.0100get 0.0050% / 4h59m 52s$258K$177K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$2.11
Slippage, 4 orders
−$64.32
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$77.22
Break-even
263.6 days
Slippage from Phoenix: live order book, 33 min ago; Aster: live order book, 34 min ago.

Price risk

price view
Price gap now
+0.064%
Avg gap 7d
+0.008%
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 Phoenix live order book, 33 min ago1.12 bp13.6 bp −$1453.3 bp −$533doesn't fitdoesn't fit
Sell Aster live order book, 34 min ago8.38 bp20.7 bp −$21doesn't fitdoesn't fitdoesn't fit

RENDER on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_RENDERUSD−0.0277%1h$457K$1.1M50xas long as short
Injective RENDER/USDC PERP−0.0124%1h$5K$97K12xas long as short
Variational Omni RENDER−0.0099%4h$215K$256Kas long as short
dYdX RENDER-USD0.0000%1h$18K$22K5xas long as short
Deribit RENDER_USDC-PERPETUAL0.0000%1h$10K$127K25xas long as short
Gate RENDER_USDT+0.0030%4h$519K$1.1M50xas long as short
Phoenix RENDERlong+0.0090%1h$39K$336K5x
Aster RENDERUSDTshort+0.0100%4h$258K$177K20x
Binance RENDERUSDT+0.0100%4h$11.7M$48.5M75xas long as short
Bybit RENDERUSDT+0.0100%4h$11.7M$14.7M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX RENDER-USDT-SWAP+0.0100%4h$3.1M$8.5M20xas long as short
MEXC RENDER_USDT+0.0100%4h$10.6M$10.1M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h$4.5M$12.9M50xas long as short
Bitget RENDERUSDT+0.0100%4h$9.5M$10.5M50xas long as short
BingX RENDER-USDT+0.0100%4h$4.2Mas long as short
ApeX Omni RENDERUSDT+0.0100%1h$43K$261K50xas long as short
Phemex RENDERUSDT+0.0100%8h$1.9M$4.0M50xas long as short
Extended RENDER-USD+0.0104%1h$30K$179K10xas long as short
Hyperliquid RENDER+0.0151%1h$3.9M$4.2M5xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0334% / S −0.0778%1h$13K100xas long as short
BloFin RENDER-USDT+0.0340%4h$577K$1.3M90xas long as short
Coinbase International RENDER-PERP-INTX+0.0456%1h$154K$53K50xas long as short