After costs, if the gap returns to its 7d average, $10k−$54
spread now+0.017%7d average−0.018%fees + slippage, in and out−$58spread needed0.578%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RENDER-USDT | 1.7650 | 0.0340 | pay 0.0170% / 4h | 17m 32s | $581K | $1.5M | 90x |
| Short | Deribit RENDER_USDC-PERPETUAL | 1.7653 | −0.0260 | pay 0.0032% / 1h | 17m 32s | $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
- $1.7
- Funding while held
- −$17.99
- Slippage, 4 orders
- −$38.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$74.14
- Spread needed to break even
- 0.578%
Slippage from BloFin: live order book, 2 min ago; Deribit: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0600%
- Per $10,000 a day
- −$17.99
- 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 BloFin live order book, 2 min ago | 2.83 bp | 22.2 bp −$22 | 29.9 bp −$299 | 85.0 bp −$8,498 | doesn't fit |
| Sell Deribit live order book, 13 min ago | 5.69 bp | 14.5 bp −$14 | 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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni RENDER | −0.037% | +0.0009% | 4h | $212K | $121K | — | as long as short |
| Gate RENDER_USDT | −0.011% | +0.0100% | 4h | $500K | $1.4M | 50x | as long as short |
| BloFin RENDER-USDTlong | 0.000% | +0.0340% | 4h | $581K | $1.5M | 90x | |
| Deribit RENDER_USDC-PERPETUALshort | +0.017% | −0.0260% | 1h | $10K | $127K | 25x | |
| GMX RENDER/USD [ETH-USDC] | +0.029% | L +0.0333% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| Bybit RENDERUSDT | +0.057% | +0.0100% | 4h | $11.5M | $19.6M | 50x | as long as short |
| BingX RENDER-USDT | +0.057% | +0.0100% | 4h | — | $4.3M | — | as long as short |
| Injective RENDER/USDC PERP | +0.057% | −0.2211% | 1h | $6K | $113K | 12x | as long as short |
| Phemex RENDERUSDT | +0.057% | +0.0100% | 8h | $1.9M | $4.6M | 50x | as long as short |
| Binance RENDERUSDT | +0.111% | +0.0100% | 4h | $11.3M | $63.1M | 75x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC RENDER_USDT | +0.113% | +0.0100% | 4h | $10.5M | $12.4M | 200x | as long as short |
| Phoenix RENDER | +0.113% | −0.0045% | 1h | $38K | $488K | 5x | as long as short |
| Extended RENDER-USD | +0.139% | +0.0104% | 1h | $29K | $192K | 10x | as long as short |
| Bitget RENDERUSDT | +0.147% | +0.0100% | 4h | $9.4M | $12.9M | 50x | as long as short |
| dYdX RENDER-USD | +0.153% | +0.1827% | 1h | $18K | $25K | 5x | as long as short |
| OKX RENDER-USDT-SWAP | +0.170% | +0.0100% | 4h | $3.0M | $12.0M | 20x | as long as short |
| KuCoin RENDERUSDTM | +0.170% | +0.0100% | 4h | $4.5M | $13.1M | 50x | as long as short |
| ApeX Omni RENDERUSDT | +0.198% | +0.0100% | 1h | $45K | $261K | 50x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.227% | +0.0344% | 1h | $152K | $72K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.230% | +0.0146% | 1h | $457K | $1.5M | 50x | as long as short |
| Aster RENDERUSDT | +0.256% | +0.0100% | 4h | $254K | $230K | 20x | as long as short |
| Hyperliquid RENDER | +0.306% | +0.0429% | 1h | $3.7M | $4.6M | 5x | as long as short |
BloFin RENDER-USDT
Deribit RENDER_USDC-PERPETUAL
Variational Omni
Gate
GMX
Bybit
BingX
Injective
Phemex
Binance
MEXC
Phoenix
Extended
Bitget
OKX
KuCoin
ApeX Omni
Coinbase International
Kraken Futures
Aster
Hyperliquid