Spread before costs (cost unknown: a leg has no order-book sample)+0.379%
7d average—if it closes, per $10,000$38funding while held, a day+$11.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX RENDER-USD | 1.8012 | 0 | get 0.0000% / 1h | 32m 22s | $18K | $23K | 5x |
| Short | Coinbase International RENDER-PERP-INTX | 1.8080 | 0.0368 | get 0.0046% / 1h | 32m 22s | $155K | $70K | 50x |
dYdX RENDER-USD
Coinbase International RENDER-PERP-INTXPrice 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
- $37.86
- Funding while held
- $11.04
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $28.9
- Spread needed to break even
- 0.200%
Slippage unknown: dYdX: no order-book sample; Coinbase International: live order book, 12 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0368%
- Per $10,000 a day
- +$11.04
- 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 12 min ago | 27.72 bp | 64.9 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Injective1.7840cheapestPhemex1.7970+0.729%Gate1.7981+0.790%Bybit1.7986+0.818%BloFin1.7990+0.841%Deribit1.7993+0.858%Extended1.7995+0.866%KuCoin1.8000+0.897%BingX1.8000+0.897%Bitget1.8003+0.914%Aster1.8003+0.914%Variational Omni1.8004+0.921%Binance1.8007+0.939%Kraken Futures1.8008+0.944%OKX1.8010+0.953%MEXC1.8010+0.953%
Injective
Phemex
Gate
Bybit
BloFin
Deribit
Extended
KuCoin
BingX
Bitget
Aster
Variational Omni
Binance
Kraken Futures
OKX
MEXCdYdX1.8012+0.963%
GMX1.8016+0.988%Hyperliquid1.8029+1.059%Phoenix1.8039+1.115%ApeX Omni1.8059+1.228%
GMX
Hyperliquid
Phoenix
ApeX OmniCoinbase International1.8080+1.345%
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 | −0.954% | +0.0339% | 1h | $6K | $113K | 12x | as long as short |
| Phemex RENDERUSDT | −0.232% | −0.0412% | 8h | $1.9M | $4.4M | 50x | as long as short |
| Gate RENDER_USDT | −0.171% | +0.0036% | 4h | $527K | $1.2M | 50x | as long as short |
| Bybit RENDERUSDT | −0.143% | +0.0100% | 4h | $11.7M | $18.3M | 50x | as long as short |
| BloFin RENDER-USDT | −0.121% | +0.0340% | 4h | $585K | $1.5M | 90x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.104% | −0.0250% | 1h | $10K | $127K | 25x | as long as short |
| Extended RENDER-USD | −0.096% | +0.0104% | 1h | $30K | $192K | 10x | as long as short |
| KuCoin RENDERUSDTM | −0.066% | +0.0100% | 4h | $4.6M | $13.2M | 50x | as long as short |
| BingX RENDER-USDT | −0.066% | +0.0100% | 4h | — | $4.2M | — | as long as short |
| Bitget RENDERUSDT | −0.049% | +0.0100% | 4h | $9.5M | $12.5M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster RENDERUSDT | −0.049% | +0.0100% | 4h | $261K | $230K | 20x | as long as short |
| Variational Omni RENDER | −0.041% | +0.0016% | 4h | $216K | $120K | — | as long as short |
| Binance RENDERUSDT | −0.024% | +0.0100% | 4h | $11.8M | $60.1M | 75x | as long as short |
| Kraken Futures PF_RENDERUSD | −0.019% | −0.0057% | 1h | $466K | $1.5M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | −0.010% | +0.0100% | 4h | $3.1M | $11.6M | 20x | as long as short |
| MEXC RENDER_USDT | −0.010% | +0.0100% | 4h | $10.5M | $12.6M | 200x | as long as short |
| dYdX RENDER-USDlong | 0.000% | 0.0000% | 1h | $18K | $23K | 5x | |
| GMX RENDER/USD [ETH-USDC] | +0.025% | L +0.0335% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.095% | +0.0587% | 1h | $3.8M | $4.5M | 5x | as long as short |
| Phoenix RENDER | +0.151% | −0.0045% | 1h | $38K | $493K | 5x | as long as short |
| ApeX Omni RENDERUSDT | +0.262% | +0.0100% | 1h | $46K | $260K | 50x | as long as short |
| Coinbase International RENDER-PERP-INTXshort | +0.379% | +0.0368% | 1h | $155K | $70K | 50x |