Settings8H · net · $10k
Funding arb · Price arb /

RENDER

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h −0.083%
Price spread now: BingX against dYdX+0.016%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX RENDER-USD1.79270.0014pay 0.0002% / 1h22m 43s$18K$32K5x
ShortBingX RENDER-USDT1.79300.0100get 0.0050% / 4h2h 22m$5.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against dYdX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$18.04
Price spread: +0.016% → 0.000%
$1.6
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$0.36
Costs to cover
0.200%
Break-even
7.1 days
Slippage unknown: dYdX: no order-book sample; BingX: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell BingX live order book, 12 min ago5.56 bp13.8 bp −$1429.4 bp −$294102.4 bp −$10.2K1011.1 bp −$505.6K
dYdX: 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 on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.7907−0.112%$18K$37K25xas long as short
dYdX RENDER-USDlong+0.0014%1h1.7927long leg$18K$32K5x
Aster RENDERUSDT+0.0100%4h1.7943+0.089%$275K$174K20xas long as short
Binance RENDERUSDT+0.0100%4h1.7950+0.128%$11.7M$47.6M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.7954+0.150%$11.7M$13.3M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.7960+0.183%$3.1M$8.2M20xas long as short
Gate RENDER_USDT+0.0100%4h1.7935+0.044%$519K$1.3M50xas long as short
MEXC RENDER_USDT+0.0100%4h1.7930+0.016%$10.7M$11.3M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h1.7950+0.128%$4.8M$10.9M50xas long as short
Bitget RENDERUSDT+0.0100%4h1.7934+0.038%$9.7M$10.8M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RENDER-USDTshort+0.0100%4h1.7930+0.016%$5.2M
Variational Omni RENDER+0.0100%4h1.7867−0.335%$253K$314Kas long as short
ApeX Omni RENDERUSDT+0.0100%1h1.7860−0.374%$39K$250K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.7920−0.040%$1.8M$4.0M50xas long as short
Extended RENDER-USD+0.0104%1h1.7935+0.045%$26K$194K10xas long as short
Injective RENDER/USDC PERP+0.0235%1h1.7910−0.096%$11K$194K12xas long as short
Phoenix RENDER+0.0264%1h1.7870−0.319%$46K$334K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.7950+0.128%$603K$1.2M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0360% / S −0.0906%1h1.7903−0.134%$15K100xas long as short
Coinbase International RENDER-PERP-INTX+0.0584%1h1.7950+0.128%$149K$60K50xas long as short
Hyperliquid RENDER+0.0618%1h1.7959+0.178%$4.0M$3.3M5xas long as short
Kraken Futures PF_RENDERUSD+0.1250%1h1.7934+0.036%$419K$1.3M50xas long as short