After costs, if the gap returns to its 7d average, $10k−$71
spread now−0.169%7d average−0.263%fees + slippage, in and out−$81spread needed0.807%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International RENDER-PERP-INTX | 1.7790 | 0.0456 | pay 0.0057% / 1h | 56m 50s | $153K | $54K | 50x |
| Short | BloFin RENDER-USDT | 1.7760 | 0.0340 | get 0.0170% / 4h | 1h 56m | $578K | $1.3M | 90x |
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
- −$16.86
- Funding while held
- −$3.48
- Slippage, 4 orders
- −$58.68
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$101.02
- Spread needed to break even
- 0.807%
Slippage from Coinbase International: live order book, 42 min ago; BloFin: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0116%
- Per $10,000 a day
- −$3.48
- 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 Coinbase International live order book, 42 min ago | 11.15 bp | 27.2 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 2.82 bp | 18.5 bp −$19 | 33.1 bp −$331 | 85.0 bp −$8,505 | 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 | −0.412% | −0.0094% | 4h | $212K | $245K | — | as long as short |
| Bybit RENDERUSDT | −0.225% | +0.0100% | 4h | $11.6M | $14.8M | 50x | as long as short |
| ApeX Omni RENDERUSDT | −0.219% | +0.0100% | 1h | $45K | $258K | 50x | as long as short |
| Phoenix RENDER | −0.202% | +0.0090% | 1h | $38K | $333K | 5x | as long as short |
| BloFin RENDER-USDTshort | −0.169% | +0.0340% | 4h | $578K | $1.3M | 90x | |
| dYdX RENDER-USD | −0.161% | 0.0000% | 1h | $18K | $22K | 5x | as long as short |
| MEXC RENDER_USDT | −0.112% | +0.0100% | 4h | $10.6M | $9.9M | 200x | as long as short |
| KuCoin RENDERUSDTM | −0.112% | +0.0100% | 4h | $4.5M | $12.7M | 50x | as long as short |
| BingX RENDER-USDT | −0.112% | +0.0100% | 4h | — | $4.1M | — | as long as short |
| Bitget RENDERUSDT | −0.107% | +0.0100% | 4h | $9.5M | $10.7M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate RENDER_USDT | −0.067% | −0.0204% | 4h | $525K | $1.1M | 50x | as long as short |
| Extended RENDER-USD | −0.066% | +0.0104% | 1h | $30K | $179K | 10x | as long as short |
| OKX RENDER-USDT-SWAP | −0.056% | +0.0100% | 4h | $3.0M | $8.6M | 20x | as long as short |
| Phemex RENDERUSDT | −0.056% | +0.0100% | 8h | $1.8M | $4.1M | 50x | as long as short |
| Binance RENDERUSDT | −0.053% | +0.0100% | 4h | $11.6M | $49.3M | 75x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.034% | 0.0000% | 1h | $10K | $127K | 25x | as long as short |
| GMX RENDER/USD [ETH-USDC] | −0.014% | L +0.0334% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| Injective RENDER/USDC PERP | 0.000% | −0.0124% | 1h | $5K | $49K | 12x | as long as short |
| Coinbase International RENDER-PERP-INTXlong | 0.000% | +0.0456% | 1h | $153K | $54K | 50x | |
| Aster RENDERUSDT | +0.001% | +0.0100% | 4h | $257K | $177K | 20x | as long as short |
| Hyperliquid RENDER | +0.028% | +0.0100% | 1h | $3.8M | $4.2M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.042% | −0.0279% | 1h | $453K | $1.1M | 50x | as long as short |
Coinbase International RENDER-PERP-INTX
BloFin RENDER-USDT
Variational Omni
Bybit
ApeX Omni
Phoenix
MEXC
KuCoin
BingX
Bitget
Gate
Extended
OKX
Phemex
Binance
Deribit
GMX
Injective
Aster
Hyperliquid
Kraken Futures