After costs, if the gap returns to its 7d average, $10k−$204
spread now+0.116%7d average+0.262%fees + slippage, in and out−$190spread needed1.896%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni RENDERUSDT | 1.8059 | 0.0100 | pay 0.0013% / 1h | 32m 15s | $46K | $260K | 50x |
| Short | Coinbase International RENDER-PERP-INTX | 1.8080 | 0.0368 | get 0.0046% / 1h | 32m 15s | $155K | $70K | 50x |
ApeX Omni RENDERUSDT
Coinbase International RENDER-PERP-INTXPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $11.63
- Funding while held
- $8.04
- Slippage, 4 orders
- −$169.64
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$169.97
- Spread needed to break even
- 1.896%
Slippage from ApeX Omni: live order book, 11 min ago; Coinbase International: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0268%
- Per $10,000 a day
- +$8.04
- Average in range /8h
- —
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 ApeX Omni live order book, 11 min ago | 8.31 bp | 16.4 bp −$16 | 131.6 bp −$1,316 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 12 min ago | 27.72 bp | 64.9 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
RENDER price on every exchange
against the cheapest. Click to use as the short leg.Injective1.7840cheapestPhemex1.7970+0.729%Gate1.7976+0.762%BloFin1.7990+0.841%Bybit1.8000+0.897%KuCoin1.8000+0.897%BingX1.8000+0.897%Bitget1.8001+0.902%Variational Omni1.8004+0.921%Extended1.8006+0.933%Binance1.8009+0.946%MEXC1.8010+0.953%Deribit1.8010+0.953%dYdX1.8012+0.963%GMX1.8016+0.988%Aster1.8017+0.995%OKX1.8020+1.009%Kraken Futures1.8023+1.027%Hyperliquid1.8029+1.059%Phoenix1.8039+1.115%
Injective
Phemex
Gate
BloFin
Bybit
KuCoin
BingX
Bitget
Variational Omni
Extended
Binance
MEXC
Deribit
dYdX
GMX
Aster
OKX
Kraken Futures
Hyperliquid
PhoenixApeX Omni1.8059+1.228%
Coinbase International1.8080+1.345%
RENDER on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective RENDER/USDC PERP | −1.213% | +0.0339% | 1h | $6K | $113K | 12x | as long as short |
| Phemex RENDERUSDT | −0.493% | −0.0430% | 8h | $1.9M | $4.4M | 50x | as long as short |
| Gate RENDER_USDT | −0.460% | +0.0036% | 4h | $527K | $1.2M | 50x | as long as short |
| BloFin RENDER-USDT | −0.382% | +0.0340% | 4h | $585K | $1.5M | 90x | as long as short |
| Bybit RENDERUSDT | −0.327% | +0.0100% | 4h | $11.8M | $18.3M | 50x | as long as short |
| KuCoin RENDERUSDTM | −0.327% | +0.0100% | 4h | $4.6M | $13.2M | 50x | as long as short |
| BingX RENDER-USDT | −0.327% | +0.0100% | 4h | — | $4.2M | — | as long as short |
| Bitget RENDERUSDT | −0.321% | +0.0100% | 4h | $9.5M | $12.5M | 50x | as long as short |
| Variational Omni RENDER | −0.303% | +0.0016% | 4h | $216K | $120K | — | as long as short |
| Extended RENDER-USD | −0.291% | +0.0104% | 1h | $30K | $192K | 10x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance RENDERUSDT | −0.278% | +0.0100% | 4h | $11.8M | $60.1M | 75x | as long as short |
| MEXC RENDER_USDT | −0.271% | +0.0100% | 4h | $10.5M | $12.6M | 200x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.271% | −0.0249% | 1h | $10K | $127K | 25x | as long as short |
| dYdX RENDER-USD | −0.261% | 0.0000% | 1h | $18K | $23K | 5x | as long as short |
| GMX RENDER/USD [ETH-USDC] | −0.237% | L +0.0335% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| Aster RENDERUSDT | −0.230% | +0.0100% | 4h | $261K | $230K | 20x | as long as short |
| OKX RENDER-USDT-SWAP | −0.216% | +0.0100% | 4h | $3.1M | $11.6M | 20x | as long as short |
| Kraken Futures PF_RENDERUSD | −0.198% | −0.0057% | 1h | $464K | $1.5M | 50x | as long as short |
| Hyperliquid RENDER | −0.166% | +0.0587% | 1h | $3.8M | $4.5M | 5x | as long as short |
| Phoenix RENDER | −0.111% | −0.0045% | 1h | $38K | $493K | 5x | as long as short |
| ApeX Omni RENDERUSDTlong | 0.000% | +0.0100% | 1h | $46K | $260K | 50x | |
| Coinbase International RENDER-PERP-INTXshort | +0.116% | +0.0368% | 1h | $155K | $70K | 50x |