RENDER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%

Price spread now: Binance against Bybit+0.078%7-day average +0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$670.666% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 7 days−0.078%−$8 · spread now +0.078%, 7d avg +0.068%

Together, before fees−0.117%−$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit RENDERUSDT	1.8784	0.0100	pay 0.0050% / 4h	1h 42m	$12.0M	$12.7M	50x
Short	Binance RENDERUSDT	1.8799	0.0100	get 0.0050% / 4h	1h 42m	$12.5M	$44.9M	75x

Funding history

latest

Range statsloading…

Binance against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now +0.078%Rate

Slippage from Bybit: live order book, 6 min ago; Binance: live order book, 14 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 6 min ago	5.35 bp	19.9 bp −$20	46.6 bp −$466	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	2.69 bp	14.8 bp −$15	31.1 bp −$311	177.6 bp −$17.8K	doesn't fit

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
dYdX RENDER-USD	0.0000%	1h	1.8786	+0.013%	$19K	$21K	5x	as long as short
Deribit RENDER_USDC-PERPETUAL	0.0000%	1h	1.8802	+0.096%	$11K	$30K	25x	as long as short
Injective RENDER/USDC PERP	+0.0036%	1h	1.8740	−0.234%	$6K	$188K	12x	as long as short
Binance RENDERUSDTshort	+0.0100%	4h	1.8799	+0.078%	$12.5M	$44.9M	75x
Bybit RENDERUSDTlong	+0.0100%	4h	1.8784	long leg	$12.0M	$12.7M	50x
OKX RENDER-USDT-SWAP	+0.0100%	4h	1.8800	+0.085%	$3.2M	$8.1M	20x	as long as short
Gate RENDER_USDT	+0.0100%	4h	1.8792	+0.043%	$587K	$1.1M	50x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	1.8780	−0.021%	$11.3M	$10.7M	200x	as long as short
KuCoin RENDERUSDTM	+0.0100%	4h	1.8820	+0.192%	$5.2M	$11.8M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	1.8791	+0.037%	$10.2M	$10.3M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX RENDER-USDT	+0.0100%	4h	1.8790	+0.032%	—	$3.5M	—	as long as short
Variational Omni RENDER	+0.0100%	4h	1.8677	−0.571%	$230K	$276K	—	as long as short
Phemex RENDERUSDT	+0.0100%	8h	1.8820	+0.192%	$1.9M	$3.9M	50x	as long as short
Aster RENDERUSDT	+0.0102%	4h	1.8819	+0.188%	$272K	$139K	20x	as long as short
Extended RENDER-USD	+0.0104%	1h	1.8785	+0.005%	$28K	$203K	10x	as long as short
Phoenix RENDER	+0.0259%	1h	1.8750	−0.181%	$48K	$246K	5x	as long as short
ApeX Omni RENDERUSDT	+0.0340%	1h	1.8733	−0.272%	$47K	$252K	50x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	1.8770	−0.075%	$579K	$1.1M	90x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0368% / S −0.0912%	1h	1.8791	+0.037%	$16K	—	100x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0456%	1h	1.8830	+0.245%	$153K	$53K	50x	as long as short
Hyperliquid RENDER	+0.0950%	1h	1.8846	+0.330%	$4.3M	$3.2M	5x	as long as short
Kraken Futures PF_RENDERUSD	+0.1420%	1h	1.8840	+0.298%	$491K	$1.0M	50x	as long as short