Spread before costs (cost unknown: a leg has no order-book sample)−1.730%
7d average—if it closes, per $10,000$173funding while held, a day+$11.11
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International RENDER-PERP-INTX | 1.8190 | 0.0408 | pay 0.0051% / 1h | 41m 06s | $156K | $55K | 50x |
| Short | GMX RENDER/USD [ETH-USDC] | 1.7875 | L +0.0334% / S −0.0778% | get 0.0097% / 1h | 41m 06s | $13K | — | 100x |
Coinbase International RENDER-PERP-INTX
GMX RENDER/USD [ETH-USDC]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
- −$172.97
- Funding while held
- $11.11
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$183.86
- Spread needed to break even
- 0.220%
Slippage unknown: Coinbase International: live order book, 63 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0370%
- Per $10,000 a day
- +$11.11
- 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, 63 min ago | 27.72 bp | 92.2 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
RENDER price on every exchange
against the cheapest. Click to use as the short leg.Injective1.7810cheapestBybit1.7840+0.168%BingX1.7850+0.225%Binance1.7852+0.239%Bitget1.7853+0.241%Extended1.7858+0.269%MEXC1.7860+0.281%KuCoin1.7860+0.281%Deribit1.7862+0.292%Gate1.7867+0.320%OKX1.7870+0.337%Phemex1.7870+0.337%dYdX1.7870+0.338%Aster1.7872+0.350%
Injective
Bybit
BingX
Binance
Bitget
Extended
MEXC
KuCoin
Deribit
Gate
OKX
Phemex
dYdX
AsterGMX1.7875+0.367%
Kraken Futures1.7888+0.435%BloFin1.7890+0.449%Hyperliquid1.7897+0.488%ApeX Omni1.7943+0.747%Phoenix1.7943+0.747%Variational Omni1.8016+1.155%
Kraken Futures
BloFin
Hyperliquid
ApeX Omni
Phoenix
Variational OmniCoinbase International1.8190+2.134%
RENDER on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective RENDER/USDC PERP | −2.089% | −0.2464% | 1h | $6K | $79K | 12x | as long as short |
| Bybit RENDERUSDT | −1.924% | +0.0100% | 4h | $11.7M | $15.3M | 50x | as long as short |
| BingX RENDER-USDT | −1.869% | +0.0100% | 4h | — | $4.2M | — | as long as short |
| Binance RENDERUSDT | −1.855% | +0.0100% | 4h | $11.7M | $50.6M | 75x | as long as short |
| Bitget RENDERUSDT | −1.853% | +0.0100% | 4h | $9.5M | $10.9M | 50x | as long as short |
| Extended RENDER-USD | −1.826% | +0.0104% | 1h | $30K | $179K | 10x | as long as short |
| MEXC RENDER_USDT | −1.814% | +0.0100% | 4h | $11.1M | $11.1M | 200x | as long as short |
| KuCoin RENDERUSDTM | −1.814% | +0.0100% | 4h | $4.5M | $12.7M | 50x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −1.803% | −0.0365% | 1h | $10K | $127K | 25x | as long as short |
| Gate RENDER_USDT | −1.776% | −0.0084% | 4h | $528K | $1.1M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX RENDER-USDT-SWAP | −1.759% | +0.0100% | 4h | $3.1M | $9.1M | 20x | as long as short |
| Phemex RENDERUSDT | −1.759% | +0.0041% | 8h | $1.8M | $4.2M | 50x | as long as short |
| dYdX RENDER-USD | −1.758% | 0.0000% | 1h | $18K | $22K | 5x | as long as short |
| Aster RENDERUSDT | −1.747% | +0.0100% | 4h | $259K | $181K | 20x | as long as short |
| GMX RENDER/USD [ETH-USDC]short | −1.730% | L +0.0334% / S −0.0778% | 1h | $13K | — | 100x | |
| Kraken Futures PF_RENDERUSD | −1.663% | +0.0057% | 1h | $462K | $1.2M | 50x | as long as short |
| BloFin RENDER-USDT | −1.649% | +0.0340% | 4h | $589K | $1.4M | 90x | as long as short |
| Hyperliquid RENDER | −1.611% | +0.0814% | 1h | $3.9M | $4.3M | 5x | as long as short |
| ApeX Omni RENDERUSDT | −1.358% | +0.0100% | 1h | $46K | $258K | 50x | as long as short |
| Phoenix RENDER | −1.358% | +0.0044% | 1h | $39K | $400K | 5x | as long as short |
| Variational Omni RENDER | −0.959% | −0.0033% | 4h | $294K | $169K | — | as long as short |
| Coinbase International RENDER-PERP-INTXlong | 0.000% | +0.0408% | 1h | $156K | $55K | 50x |