After costs, if the gap returns to its 7d average, $10k−$92
spread now−0.067%7d average+0.030%fees + slippage, in and out−$82spread needed0.821%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit RENDER_USDC-PERPETUAL | 1.7872 | −0.0477 | get 0.0060% / 1h | 0m 35s | $14K | $123K | 25x |
| Short | KuCoin RENDERUSDTM | 1.7860 | 0.0100 | get 0.0050% / 4h | 1h 00m | $4.7M | $12.8M | 50x |
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
- −$6.71
- Funding while held
- $17.31
- Slippage, 4 orders
- −$63.07
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$71.47
- Spread needed to break even
- 0.821%
Slippage from Deribit: live order book, 35 min ago; KuCoin: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0577%
- Per $10,000 a day
- +$17.31
- 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, 35 min ago | 8.29 bp | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 5.57 bp | 29.1 bp −$29 | 60.4 bp −$604 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| Binance RENDERUSDT | −0.067% | +0.0100% | 4h | $11.6M | $62.1M | 75x | as long as short |
| KuCoin RENDERUSDTMshort | −0.067% | +0.0100% | 4h | $4.7M | $12.8M | 50x | |
| BingX RENDER-USDT | −0.067% | +0.0100% | 4h | — | $4.3M | — | as long as short |
| Phemex RENDERUSDT | −0.067% | +0.0100% | 8h | $1.9M | $4.5M | 50x | as long as short |
| Extended RENDER-USD | −0.049% | +0.0104% | 1h | $30K | $192K | 10x | as long as short |
| Gate RENDER_USDT | −0.034% | +0.0100% | 4h | $515K | $1.4M | 50x | as long as short |
| Variational Omni RENDER | −0.027% | +0.0025% | 4h | $214K | $121K | — | as long as short |
| Bybit RENDERUSDT | −0.011% | +0.0100% | 4h | $11.8M | $19.5M | 50x | as long as short |
| MEXC RENDER_USDT | −0.011% | +0.0100% | 4h | $11.3M | $11.7M | 200x | as long as short |
| Deribit RENDER_USDC-PERPETUALlong | 0.000% | −0.0477% | 1h | $14K | $123K | 25x |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.022% | +0.0100% | 4h | $9.5M | $12.8M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.045% | +0.0100% | 4h | $3.1M | $12.1M | 20x | as long as short |
| GMX RENDER/USD [ETH-USDC] | +0.058% | L +0.0335% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| dYdX RENDER-USD | +0.085% | 0.0000% | 1h | $18K | $25K | 5x | as long as short |
| BloFin RENDER-USDT | +0.101% | +0.0340% | 4h | $584K | $1.4M | 90x | as long as short |
| Aster RENDERUSDT | +0.143% | +0.0100% | 4h | $256K | $230K | 20x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.158% | +0.0309% | 1h | $465K | $1.5M | 50x | as long as short |
| ApeX Omni RENDERUSDT | +0.201% | +0.0100% | 1h | $46K | $261K | 50x | as long as short |
| Hyperliquid RENDER | +0.255% | +0.0341% | 1h | $3.8M | $4.5M | 5x | as long as short |
| Phoenix RENDER | +0.269% | 0.0000% | 1h | $38K | $476K | 5x | as long as short |
| Injective RENDER/USDC PERP | +0.325% | −0.2233% | 1h | $7K | $113K | 12x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.660% | +0.0256% | 1h | $155K | $80K | 50x | as long as short |
Deribit RENDER_USDC-PERPETUAL
KuCoin RENDERUSDTM
Binance
BingX
Phemex
Extended
Gate
Variational Omni
Bybit
MEXC
Bitget
OKX
GMX
BloFin
Aster
Kraken Futures
ApeX Omni
Hyperliquid
Phoenix
Injective
Coinbase International