data as of
Settings8H · net · $10k
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Price arb /

RENDER

all RENDER markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$73
spread now−0.099%7d average+0.083%fees + slippage, in and out−$54spread needed0.544%
Long on BybitShort on Deribit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RENDERUSDT1.81990.0100pay 0.0050% / 4h1h 59m$12.1M$19.0M50x
ShortDeribit RENDER_USDC-PERPETUAL1.8181−0.0300pay 0.0037% / 1h59m 54s$14K$123K25x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$9.89
Funding while held
−$11.99
Slippage, 4 orders
−$36.44
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$76.32
Spread needed to break even
0.544%
Slippage from Bybit: live order book, 5 min ago; Deribit: live order book, 40 min ago.

Cost of waiting

funding view
Funding /8h
−0.0400%
Per $10,000 a day
−$11.99
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago2.75 bp15.3 bp −$1544.1 bp −$441doesn't fitdoesn't fit
Sell Deribit live order book, 40 min ago5.52 bp9.0 bp −$9doesn't fitdoesn't fitdoesn't fit

RENDER price on every exchange

against the cheapest. Click to use as the short leg.
Injective1.7980cheapestPhemex1.8160+1.001%Variational Omni1.8165+1.029%KuCoin1.8180+1.112%
Deribit1.8181+1.118%
ApeX Omni1.8182+1.123%Phoenix1.8184+1.135%dYdX1.8185+1.138%GMX1.8188+1.157%Extended1.8193+1.186%Gate1.8195+1.196%
Bybit1.8199+1.218%
Aster1.8200+1.224%MEXC1.8200+1.224%Binance1.8200+1.224%OKX1.8210+1.279%Bitget1.8210+1.279%BingX1.8210+1.279%BloFin1.8210+1.279%Kraken Futures1.8211+1.285%Hyperliquid1.8219+1.329%Coinbase International1.8280+1.669%

RENDER on 22 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective RENDER/USDC PERP−1.203%−0.0103%1h$7K$141K12xas long as short
Phemex RENDERUSDT−0.214%+0.0100%8h$2.0M$4.4M50xas long as short
Variational Omni RENDER−0.187%−0.0053%4h$227K$110K—as long as short
KuCoin RENDERUSDTM−0.104%+0.0100%4h$4.6M$12.3M50xas long as short
Deribit RENDER_USDC-PERPETUALshort−0.099%−0.0300%1h$14K$123K25x
ApeX Omni RENDERUSDT−0.093%+0.0100%1h$49K$258K50xas long as short
Phoenix RENDER−0.082%0.0000%1h$39K$466K5xas long as short
dYdX RENDER-USD−0.079%0.0000%1h$18K$26K5xas long as short
GMX RENDER/USD [ETH-USDC]−0.060%L +0.0335% / S −0.0765%1h$13K—100xas long as short
Extended RENDER-USD−0.032%+0.0104%1h$30K$206K10xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate RENDER_USDT−0.022%+0.0100%4h$512K$1.3M50xas long as short
Bybit RENDERUSDTlong0.000%+0.0100%4h$12.1M$19.0M50x
Aster RENDERUSDT+0.005%+0.0100%4h$260K$220K20xas long as short
MEXC RENDER_USDT+0.005%+0.0100%4h$11.8M$11.3M200xas long as short
Binance RENDERUSDT+0.006%+0.0100%4h$11.8M$60.3M75xas long as short
OKX RENDER-USDT-SWAP+0.060%+0.0100%4h$3.1M$12.1M20xas long as short
Bitget RENDERUSDT+0.060%+0.0100%4h$9.8M$11.9M50xas long as short
BingX RENDER-USDT+0.060%+0.0100%4h—$4.3M—as long as short
BloFin RENDER-USDT+0.060%+0.0340%4h$592K$1.5M90xas long as short
Kraken Futures PF_RENDERUSD+0.066%+0.0486%1h$483K$1.5M50xas long as short
Hyperliquid RENDER+0.110%+0.0355%1h$3.9M$4.4M5xas long as short
Coinbase International RENDER-PERP-INTX+0.445%+0.0128%1h$159K$80K50xas long as short