data as of
Settings8H · net · $10k
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Price 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.

After costs, if the gap returns to its 7d average, $10k−$156
spread now−0.424%7d average−0.096%fees + slippage, in and out−$123spread needed1.231%
Long on AsterShort on Phemex
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster RENDERUSDT1.79860.0100pay 0.0050% / 4h1h 09m$257K$224K20x
ShortPhemex RENDERUSDT1.79100.0100get 0.0100% / 8h1h 09m$1.9M$4.5M50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

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

Profit calculator

Spread captured
−$42.42
Funding while held
$0
Slippage, 4 orders
−$103.14
Fee Aster: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$165.56
Spread needed to break even
1.231%
Slippage from Aster: live order book, 44 min ago; Phemex: live order book, 6 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 44 min ago8.34 bp29.2 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 6 min ago11.21 bp31.6 bp −$3299.1 bp −$991doesn't fitdoesn't fit

RENDER price on every exchange

against the cheapest. Click to use as the short leg.
Phoenix1.7863cheapestBloFin1.7900+0.207%
Phemex1.7910+0.263%
Variational Omni1.7916+0.298%Deribit1.7918+0.308%GMX1.7919+0.316%Injective1.7930+0.375%ApeX Omni1.7937+0.414%Kraken Futures1.7938+0.419%Gate1.7948+0.476%Bybit1.7950+0.487%Extended1.7953+0.502%Binance1.7956+0.522%KuCoin1.7960+0.543%BingX1.7960+0.543%dYdX1.7966+0.579%OKX1.7970+0.599%MEXC1.7970+0.599%Bitget1.7980+0.655%Coinbase International1.7980+0.655%
Aster1.7986+0.690%
Hyperliquid1.7996+0.745%

RENDER on 22 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Phoenix RENDER−0.686%0.0000%1h$38K$476K5xas long as short
BloFin RENDER-USDT−0.480%+0.0340%4h$588K$1.5M90xas long as short
Phemex RENDERUSDTshort−0.424%+0.0100%8h$1.9M$4.5M50x
Variational Omni RENDER−0.390%−0.0016%4h$214K$121K—as long as short
Deribit RENDER_USDC-PERPETUAL−0.380%−0.0252%1h$14K$123K25xas long as short
GMX RENDER/USD [ETH-USDC]−0.372%L +0.0335% / S −0.0778%1h$13K—100xas long as short
Injective RENDER/USDC PERP−0.313%−0.2233%1h$7K$113K12xas long as short
ApeX Omni RENDERUSDT−0.274%+0.0100%1h$48K$260K50xas long as short
Kraken Futures PF_RENDERUSD−0.269%+0.0308%1h$464K$1.5M50xas long as short
Gate RENDER_USDT−0.213%+0.0100%4h$515K$1.4M50xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit RENDERUSDT−0.202%+0.0100%4h$11.9M$19.4M50xas long as short
Extended RENDER-USD−0.187%+0.0104%1h$30K$206K10xas long as short
Binance RENDERUSDT−0.167%+0.0100%4h$11.7M$61.9M75xas long as short
KuCoin RENDERUSDTM−0.146%+0.0100%4h$4.7M$12.7M50xas long as short
BingX RENDER-USDT−0.146%+0.0100%4h—$4.3M—as long as short
dYdX RENDER-USD−0.111%0.0000%1h$18K$25K5xas long as short
OKX RENDER-USDT-SWAP−0.091%+0.0100%4h$3.1M$12.1M20xas long as short
MEXC RENDER_USDT−0.091%+0.0100%4h$11.4M$11.6M200xas long as short
Bitget RENDERUSDT−0.035%+0.0100%4h$9.7M$12.7M50xas long as short
Coinbase International RENDER-PERP-INTX−0.035%+0.0256%1h$155K$80K50xas long as short
Aster RENDERUSDTlong0.000%+0.0100%4h$257K$224K20x
Hyperliquid RENDER+0.054%+0.0331%1h$3.8M$4.5M5xas long as short