After costs, if the gap returns to its 7d average, $10k−$89
spread now−0.239%7d average−0.002%fees + slippage, in and out−$66spread needed0.656%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RENDERUSDT | 1.7980 | 0.0100 | pay 0.0050% / 4h | 1h 09m | $9.7M | $12.7M | 50x |
| Short | ApeX Omni RENDERUSDT | 1.7937 | 0.0100 | get 0.0013% / 1h | 9m 30s | $48K | $260K | 50x |
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
- −$23.92
- Funding while held
- $0
- Slippage, 4 orders
- −$43.62
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$89.54
- Spread needed to break even
- 0.656%
Slippage from Bitget: live order book, 1 min ago; ApeX Omni: live order book, 44 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 1 min ago | 2.23 bp | 16.0 bp −$16 | 42.4 bp −$424 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 44 min ago | 9.17 bp | 16.5 bp −$17 | 142.9 bp −$1,429 | 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 | |
|---|---|---|---|---|---|---|---|
| Phoenix RENDER | −0.651% | 0.0000% | 1h | $38K | $476K | 5x | as long as short |
| BloFin RENDER-USDT | −0.445% | +0.0340% | 4h | $588K | $1.5M | 90x | as long as short |
| Phemex RENDERUSDT | −0.389% | +0.0100% | 8h | $1.9M | $4.5M | 50x | as long as short |
| Variational Omni RENDER | −0.355% | −0.0016% | 4h | $214K | $121K | — | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.345% | −0.0252% | 1h | $14K | $123K | 25x | as long as short |
| GMX RENDER/USD [ETH-USDC] | −0.337% | L +0.0335% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| Injective RENDER/USDC PERP | −0.278% | −0.2233% | 1h | $7K | $113K | 12x | as long as short |
| ApeX Omni RENDERUSDTshort | −0.239% | +0.0100% | 1h | $48K | $260K | 50x | |
| Kraken Futures PF_RENDERUSD | −0.234% | +0.0308% | 1h | $464K | $1.5M | 50x | as long as short |
| Gate RENDER_USDT | −0.178% | +0.0100% | 4h | $515K | $1.4M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit RENDERUSDT | −0.167% | +0.0100% | 4h | $11.9M | $19.4M | 50x | as long as short |
| Extended RENDER-USD | −0.152% | +0.0104% | 1h | $30K | $206K | 10x | as long as short |
| Binance RENDERUSDT | −0.132% | +0.0100% | 4h | $11.7M | $61.9M | 75x | as long as short |
| KuCoin RENDERUSDTM | −0.111% | +0.0100% | 4h | $4.7M | $12.7M | 50x | as long as short |
| BingX RENDER-USDT | −0.111% | +0.0100% | 4h | — | $4.3M | — | as long as short |
| dYdX RENDER-USD | −0.076% | 0.0000% | 1h | $18K | $25K | 5x | as long as short |
| OKX RENDER-USDT-SWAP | −0.056% | +0.0100% | 4h | $3.1M | $12.1M | 20x | as long as short |
| MEXC RENDER_USDT | −0.056% | +0.0100% | 4h | $11.4M | $11.6M | 200x | as long as short |
| Bitget RENDERUSDTlong | 0.000% | +0.0100% | 4h | $9.7M | $12.7M | 50x | |
| Coinbase International RENDER-PERP-INTX | 0.000% | +0.0256% | 1h | $155K | $80K | 50x | as long as short |
| Aster RENDERUSDT | +0.035% | +0.0100% | 4h | $257K | $224K | 20x | as long as short |
| Hyperliquid RENDER | +0.089% | +0.0331% | 1h | $3.8M | $4.5M | 5x | as long as short |
Bitget RENDERUSDT
ApeX Omni RENDERUSDT
Phoenix
BloFin
Phemex
Variational Omni
Deribit
GMX
Injective
Kraken Futures
Gate
Bybit
Extended
Binance
KuCoin
BingX
OKX
MEXC
Coinbase International
Aster
Hyperliquid