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

RENDER

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 13:00 UTC−0.0103%/8h
next payment, per $10,000−$0.13paid, last 24h−0.169%paid, last 7 days+0.043%to open and closeno order book
Long on PhoenixShort on Injective
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix RENDER1.81840get 0.0000% / 1h59m 31s$39K$466K5x
ShortInjective RENDER/USDC PERP1.7980−0.0103pay 0.0013% / 1h59m 31s$7K$141K12x

Funding history

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Funding on every exchange

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latest

Profit calculator

Funding earned
−$21.72
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$28.74
Break-even
never at this rate
Slippage unknown: Phoenix: live order book, 59 min ago; Injective: live order book, 31 min ago. Net counts fees only.

Price risk

price view
Price gap now
−1.122%
Avg gap 7d
−0.267%
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, 59 min ago1.10 bp13.4 bp −$1352.9 bp −$529doesn't fitdoesn't fit
Sell Injective live order book, 31 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
Deribit RENDER_USDC-PERPETUAL−0.0300%1h$14K$123K25xas long as short
Injective RENDER/USDC PERPshort−0.0103%1h$7K$141K12x
Variational Omni RENDER−0.0053%4h$227K$110K—as long as short
dYdX RENDER-USD0.0000%1h$18K$26K5xas long as short
Phoenix RENDERlong0.0000%1h$39K$466K5x
Aster RENDERUSDT+0.0100%4h$261K$220K20xas long as short
Binance RENDERUSDT+0.0100%4h$11.8M$60.3M75xas long as short
Bybit RENDERUSDT+0.0100%4h$12.1M$19.0M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h$3.1M$12.1M20xas long as short
Gate RENDER_USDT+0.0100%4h$512K$1.3M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC RENDER_USDT+0.0100%4h$11.8M$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—$4.3M—as 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+0.0128%1h$159K$80K50xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0335% / S −0.0765%1h$13K—100xas long as short
BloFin RENDER-USDT+0.0340%4h$592K$1.5M90xas long as short
Kraken Futures PF_RENDERUSD+0.0486%1h$483K$1.5M50xas long as short
Hyperliquid RENDER+0.0544%1h$4.0M$4.4M5xas long as short