Settings8H · net · $10k
Funding arb · Price arb /

RENDER

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h +0.083%
Price spread now: dYdX against BingX−0.016%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RENDER-USDT1.79300.0100pay 0.0050% / 4h2h 22m$5.2M
ShortdYdX RENDER-USD1.79270.0014get 0.0002% / 1h22m 43s$18K$32K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$18.04
Price spread: −0.016% → 0.000%
−$1.6
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$39.64
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 12 min ago; dYdX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 12 min ago5.56 bp15.5 bp −$1621.7 bp −$21760.6 bp −$6,062918.3 bp −$459.2K
Sell dYdX no order-book sample
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

RENDER on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.7907−0.128%$18K$37K25xas long as short
dYdX RENDER-USDshort+0.0014%1h1.7927−0.016%$18K$32K5x
Aster RENDERUSDT+0.0100%4h1.7943+0.073%$275K$174K20xas long as short
Binance RENDERUSDT+0.0100%4h1.7950+0.112%$11.7M$47.6M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.7954+0.134%$11.7M$13.3M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.7960+0.167%$3.1M$8.2M20xas long as short
Gate RENDER_USDT+0.0100%4h1.7935+0.028%$519K$1.3M50xas long as short
MEXC RENDER_USDT+0.0100%4h1.79300.000%$10.7M$11.3M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h1.7950+0.112%$4.8M$10.9M50xas long as short
Bitget RENDERUSDT+0.0100%4h1.7934+0.022%$9.7M$10.8M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RENDER-USDTlong+0.0100%4h1.7930long leg$5.2M
Variational Omni RENDER+0.0100%4h1.7867−0.351%$253K$314Kas long as short
ApeX Omni RENDERUSDT+0.0100%1h1.7860−0.390%$39K$250K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.7920−0.056%$1.8M$4.0M50xas long as short
Extended RENDER-USD+0.0104%1h1.7935+0.029%$26K$194K10xas long as short
Injective RENDER/USDC PERP+0.0235%1h1.7910−0.112%$11K$194K12xas long as short
Phoenix RENDER+0.0264%1h1.7870−0.335%$46K$334K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.7950+0.112%$603K$1.2M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0360% / S −0.0906%1h1.7903−0.150%$15K100xas long as short
Coinbase International RENDER-PERP-INTX+0.0584%1h1.7950+0.112%$149K$60K50xas long as short
Hyperliquid RENDER+0.0618%1h1.7959+0.162%$4.0M$3.3M5xas long as short
Kraken Futures PF_RENDERUSD+0.1250%1h1.7934+0.020%$419K$1.3M50xas long as short