Spread before costs (cost unknown: a leg has no order-book sample)+0.065%
7d average—if it closes, per $10,000$7funding while held, a day+$30.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit RENDER_USDC-PERPETUAL | 1.7993 | −0.0250 | get 0.0031% / 1h | 32m 37s | $10K | $127K | 25x |
| Short | GMX RENDER/USD [ETH-USDC] | 1.8005 | L +0.0335% / S −0.0778% | get 0.0097% / 1h | 32m 37s | $13K | — | 100x |
Deribit RENDER_USDC-PERPETUAL
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
- $6.54
- Funding while held
- $30.84
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $18.39
- Spread needed to break even
- 0.190%
Slippage unknown: Deribit: live order book, 58 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1028%
- Per $10,000 a day
- +$30.84
- 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 Deribit live order book, 58 min ago | 5.69 bp | 9.2 bp −$9 | 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.Injective1.7840cheapestPhemex1.7970+0.729%Bybit1.7975+0.757%Gate1.7981+0.790%MEXC1.7990+0.841%KuCoin1.7990+0.841%BingX1.7990+0.841%BloFin1.7990+0.841%Bitget1.7991+0.846%
Injective
Phemex
Bybit
Gate
MEXC
KuCoin
BingX
BloFin
BitgetDeribit1.7993+0.858%
Extended1.7995+0.866%Binance1.8004+0.920%Variational Omni1.8004+0.921%
Extended
Binance
Variational OmniGMX1.8005+0.924%
Aster1.8006+0.928%Kraken Futures1.8008+0.944%OKX1.8010+0.953%dYdX1.8012+0.963%Hyperliquid1.8030+1.065%Phoenix1.8039+1.115%ApeX Omni1.8059+1.228%Coinbase International1.8080+1.345%
Aster
Kraken Futures
OKX
dYdX
Hyperliquid
Phoenix
ApeX Omni
Coinbase InternationalRENDER on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective RENDER/USDC PERP | −0.850% | +0.0339% | 1h | $6K | $113K | 12x | as long as short |
| Phemex RENDERUSDT | −0.128% | −0.0412% | 8h | $1.9M | $4.4M | 50x | as long as short |
| Bybit RENDERUSDT | −0.100% | +0.0100% | 4h | $11.7M | $18.4M | 50x | as long as short |
| Gate RENDER_USDT | −0.067% | +0.0036% | 4h | $527K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | −0.017% | +0.0100% | 4h | $10.5M | $12.6M | 200x | as long as short |
| KuCoin RENDERUSDTM | −0.017% | +0.0100% | 4h | $4.6M | $13.2M | 50x | as long as short |
| BingX RENDER-USDT | −0.017% | +0.0100% | 4h | — | $4.2M | — | as long as short |
| BloFin RENDER-USDT | −0.017% | +0.0340% | 4h | $585K | $1.5M | 90x | as long as short |
| Bitget RENDERUSDT | −0.011% | +0.0100% | 4h | $9.5M | $12.5M | 50x | as long as short |
| Deribit RENDER_USDC-PERPETUALlong | 0.000% | −0.0250% | 1h | $10K | $127K | 25x |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended RENDER-USD | +0.009% | +0.0104% | 1h | $30K | $192K | 10x | as long as short |
| Binance RENDERUSDT | +0.062% | +0.0100% | 4h | $11.8M | $60.4M | 75x | as long as short |
| Variational Omni RENDER | +0.063% | +0.0016% | 4h | $216K | $120K | — | as long as short |
| GMX RENDER/USD [ETH-USDC]short | +0.065% | L +0.0335% / S −0.0778% | 1h | $13K | — | 100x | |
| Aster RENDERUSDT | +0.070% | +0.0100% | 4h | $261K | $230K | 20x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.085% | −0.0057% | 1h | $466K | $1.5M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.094% | +0.0100% | 4h | $3.1M | $11.6M | 20x | as long as short |
| dYdX RENDER-USD | +0.104% | 0.0000% | 1h | $18K | $23K | 5x | as long as short |
| Hyperliquid RENDER | +0.206% | +0.0593% | 1h | $3.8M | $4.5M | 5x | as long as short |
| Phoenix RENDER | +0.256% | −0.0045% | 1h | $38K | $493K | 5x | as long as short |
| ApeX Omni RENDERUSDT | +0.367% | +0.0100% | 1h | $46K | $260K | 50x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.484% | +0.0368% | 1h | $155K | $70K | 50x | as long as short |