Funding you earn now, next payment 00:00 UTC+0.0812%/8h= +88.9% APRpaid last 24h +0.127%
Price spread now: GMX against Bitget−0.007%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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: +$24 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RENDERUSDT | 1.8534 | 0.0100 | pay 0.0050% / 4h | 31m 08s | $10.0M | $10.2M | 50x |
| Short | GMX RENDER/USD [ETH-USDC] | 1.8533 | L +0.0363% / S −0.0912% | get 0.0114% / 1h | 31m 08s | $15K | — | 100x |
Bitget RENDERUSDT
GMX RENDER/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $170.57
- Price spread: −0.007% → 0.000%
- −$0.68
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $145.89
- Costs to cover
- 0.240%
- Break-even
- 1.0 days
Slippage unknown: Bitget: live order book, 2 min ago; GMX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 2 min ago | 1.62 bp | 15.8 bp −$16 | 28.1 bp −$281 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RENDER | −0.0093% | 4h | 1.8503 | −0.168% | $225K | $294K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8537 | +0.015% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8534 | 0.000% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8560 | +0.140% | $268K | $165K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8540 | +0.032% | $12.4M | $46.9M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8510 | −0.129% | $12.0M | $13.5M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8540 | +0.032% | $3.1M | $8.3M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8540 | +0.032% | $536K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8530 | −0.022% | $12.3M | $10.5M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8530 | −0.022% | $5.1M | $12.3M | 50x | as long as short |
Variational Omni RENDER
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTMShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDTlong | +0.0100% | 4h | 1.8534 | long leg | $10.0M | $10.2M | 50x | |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8530 | −0.022% | — | $4.2M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8574 | +0.216% | $43K | $266K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8550 | +0.086% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8536 | +0.013% | $31K | $178K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0110% | 1h | 1.8540 | +0.032% | $6K | $187K | 12x | as long as short |
| Phoenix RENDER | +0.0173% | 1h | 1.8562 | +0.151% | $47K | $333K | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0256% | 1h | 1.8440 | −0.507% | $152K | $65K | 50x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8550 | +0.086% | $594K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC]short | L +0.0363% / S −0.0912% | 1h | 1.8533 | −0.007% | $15K | — | 100x | |
| Kraken Futures PF_RENDERUSD | +0.0597% | 1h | 1.8558 | +0.132% | $481K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.1720% | 1h | 1.8582 | +0.261% | $4.3M | $3.5M | 5x | as long as short |
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Injective RENDER/USDC PERP
Phoenix RENDER
Coinbase International RENDER-PERP-INTX
BloFin RENDER-USDT
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER