After costs, if the gap returns to its 7d average, $10k−$66
spread now+0.224%7d average+0.014%fees + slippage, in and out−$87spread needed0.867%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RENDER-USDT | 1.7860 | 0.0340 | pay 0.0170% / 4h | 55m 36s | $584K | $1.4M | 90x |
| Short | KuCoin RENDERUSDTM | 1.7900 | 0.0100 | get 0.0050% / 4h | 55m 36s | $4.7M | $12.8M | 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
- $22.4
- Funding while held
- −$7.2
- Slippage, 4 orders
- −$62.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$71.49
- Spread needed to break even
- 0.867%
Slippage from BloFin: live order book, 3 min ago; KuCoin: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0240%
- Per $10,000 a day
- −$7.20
- 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, 3 min ago | 5.59 bp | 11.6 bp −$12 | 18.3 bp −$183 | 82.0 bp −$8,200 | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 5.57 bp | 29.1 bp −$29 | 60.4 bp −$604 | 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 | −0.050% | +0.0100% | 1h | $46K | $261K | 50x | as long as short |
| Variational Omni RENDER | −0.043% | +0.0022% | 4h | $214K | $121K | — | as long as short |
| BloFin RENDER-USDTlong | 0.000% | +0.0340% | 4h | $584K | $1.4M | 90x | |
| GMX RENDER/USD [ETH-USDC] | +0.133% | L +0.0335% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| Bybit RENDERUSDT | +0.162% | +0.0100% | 4h | $11.8M | $19.5M | 50x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | +0.162% | −0.0365% | 1h | $10K | $127K | 25x | as long as short |
| Phoenix RENDER | +0.196% | 0.0000% | 1h | $38K | $475K | 5x | as long as short |
| Binance RENDERUSDT | +0.197% | +0.0100% | 4h | $11.6M | $62.2M | 75x | as long as short |
| OKX RENDER-USDT-SWAP | +0.224% | +0.0100% | 4h | $3.1M | $12.1M | 20x | as long as short |
| KuCoin RENDERUSDTMshort | +0.224% | +0.0100% | 4h | $4.7M | $12.8M | 50x |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.252% | +0.0100% | 4h | $9.6M | $12.7M | 50x | as long as short |
| Extended RENDER-USD | +0.268% | +0.0104% | 1h | $30K | $192K | 10x | as long as short |
| MEXC RENDER_USDT | +0.280% | +0.0100% | 4h | $11.5M | $11.6M | 200x | as long as short |
| Phemex RENDERUSDT | +0.280% | +0.0100% | 8h | $1.9M | $4.5M | 50x | as long as short |
| Aster RENDERUSDT | +0.286% | +0.0100% | 4h | $257K | $230K | 20x | as long as short |
| dYdX RENDER-USD | +0.316% | 0.0000% | 1h | $18K | $25K | 5x | as long as short |
| BingX RENDER-USDT | +0.336% | +0.0100% | 4h | — | $4.3M | — | as long as short |
| Gate RENDER_USDT | +0.398% | +0.0100% | 4h | $515K | $1.4M | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.398% | +0.0144% | 1h | $466K | $1.5M | 50x | as long as short |
| Hyperliquid RENDER | +0.476% | +0.0720% | 1h | $3.8M | $4.5M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.728% | +0.0344% | 1h | $155K | $80K | 50x | as long as short |
| Injective RENDER/USDC PERP | +0.952% | −0.2211% | 1h | $7K | $113K | 12x | as long as short |
BloFin RENDER-USDT
KuCoin RENDERUSDTM
ApeX Omni
Variational Omni
GMX
Bybit
Deribit
Phoenix
Binance
OKX
Bitget
Extended
MEXC
Phemex
Aster
BingX
Gate
Kraken Futures
Hyperliquid
Coinbase International
Injective