After costs, if the gap returns to its 7d average, $10k−$54
spread now−0.057%7d average−0.012%fees + slippage, in and out−$49spread needed0.493%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RENDERUSDT | 1.7774 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $11.6M | $49.3M | 75x |
| Short | Deribit RENDER_USDC-PERPETUAL | 1.7764 | −0.0088 | pay 0.0011% / 1h | 59m 41s | $10K | $127K | 25x |
Price 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
- −$5.72
- Funding while held
- −$5.63
- Slippage, 4 orders
- −$32.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$60.69
- Spread needed to break even
- 0.493%
Slippage from Binance: live order book, 14 min ago; Deribit: live order book, 21 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0188%
- Per $10,000 a day
- −$5.63
- 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 Binance live order book, 14 min ago | 2.81 bp | 12.1 bp −$12 | 27.4 bp −$274 | 241.7 bp −$24.2K | doesn't fit |
| Sell Deribit live order book, 21 min ago | 8.42 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
RENDER price on every exchange
against the cheapest. Click to use as the short leg.RENDER on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni RENDERUSDT | −0.665% | +0.0100% | 1h | $45K | $258K | 50x | as long as short |
| Injective RENDER/USDC PERP | −0.474% | −0.2464% | 1h | $5K | $80K | 12x | as long as short |
| BloFin RENDER-USDT | −0.474% | +0.0340% | 4h | $578K | $1.3M | 90x | as long as short |
| Phoenix RENDER | −0.468% | +0.0044% | 1h | $38K | $400K | 5x | as long as short |
| Variational Omni RENDER | −0.323% | −0.0094% | 4h | $212K | $245K | — | as long as short |
| Bybit RENDERUSDT | −0.080% | +0.0100% | 4h | $11.6M | $14.8M | 50x | as long as short |
| Phemex RENDERUSDT | −0.080% | +0.0100% | 8h | $1.8M | $4.1M | 50x | as long as short |
| Gate RENDER_USDT | −0.074% | −0.0204% | 4h | $525K | $1.1M | 50x | as long as short |
| Deribit RENDER_USDC-PERPETUALshort | −0.057% | −0.0088% | 1h | $10K | $127K | 25x | |
| GMX RENDER/USD [ETH-USDC] | −0.052% | L +0.0334% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC RENDER_USDT | −0.023% | +0.0100% | 4h | $10.5M | $9.8M | 200x | as long as short |
| KuCoin RENDERUSDTM | −0.023% | +0.0100% | 4h | $4.5M | $12.7M | 50x | as long as short |
| Binance RENDERUSDTlong | 0.000% | +0.0100% | 4h | $11.6M | $49.3M | 75x | |
| Bitget RENDERUSDT | +0.010% | +0.0100% | 4h | $9.5M | $10.7M | 50x | as long as short |
| Extended RENDER-USD | +0.027% | +0.0104% | 1h | $30K | $179K | 10x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.030% | +0.0057% | 1h | $453K | $1.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.033% | +0.0100% | 4h | $3.0M | $8.6M | 20x | as long as short |
| BingX RENDER-USDT | +0.033% | +0.0100% | 4h | — | $4.1M | — | as long as short |
| dYdX RENDER-USD | +0.041% | +0.0124% | 1h | $18K | $22K | 5x | as long as short |
| Aster RENDERUSDT | +0.087% | +0.0100% | 4h | $257K | $177K | 20x | as long as short |
| Hyperliquid RENDER | +0.145% | +0.0163% | 1h | $3.9M | $4.1M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.145% | +0.0408% | 1h | $153K | $54K | 50x | as long as short |
Binance RENDERUSDT
Deribit RENDER_USDC-PERPETUAL
ApeX Omni
Injective
BloFin
Phoenix
Variational Omni
Bybit
Phemex
Gate
GMX
MEXC
KuCoin
Bitget
Extended
Kraken Futures
OKX
BingX
Aster
Hyperliquid
Coinbase International