RENDER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.158%

Price spread now: Extended against dYdX−0.067%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.067% cheaper against dYdX than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX RENDER-USD	1.8447	0	get 0.0000% / 1h	49m 36s	$19K	$21K	5x
Short	Extended RENDER-USD	1.8434	0.0104	get 0.0013% / 1h	49m 36s	$26K	$200K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee dYdXbpFee ExtendedbpOrdersPrice spread, now −0.067%Rate

Funding earned: $21.84
Price spread: −0.067% → 0.000%: −$6.7
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $0.14
Costs to cover: 0.150%
Break-even: 7.0 days

Slippage unknown: dYdX: no order-book sample; Extended: live order book, 7 min ago. Net counts fees only.

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 Extended live order book, 7 min ago	10.68 bp	23.1 bp −$23	92.1 bp −$921	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 on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective RENDER/USDC PERP	−0.0223%	1h	1.8640	+1.048%	$6K	$188K	12x	as long as short
dYdX RENDER-USDlong	0.0000%	1h	1.8447	long leg	$19K	$21K	5x
Deribit RENDER_USDC-PERPETUAL	0.0000%	1h	1.8492	+0.246%	$11K	$30K	25x	as long as short
Binance RENDERUSDT	+0.0100%	4h	1.8442	−0.028%	$12.3M	$47.0M	75x	as long as short
Bybit RENDERUSDT	+0.0100%	4h	1.8430	−0.090%	$11.8M	$13.2M	50x	as long as short
OKX RENDER-USDT-SWAP	+0.0100%	4h	1.8450	+0.018%	$3.1M	$8.1M	20x	as long as short
Gate RENDER_USDT	+0.0100%	4h	1.8434	−0.069%	$549K	$1.2M	50x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	1.8440	−0.036%	$12.7M	$11.2M	200x	as long as short
KuCoin RENDERUSDTM	+0.0100%	4h	1.8450	+0.018%	$5.0M	$11.8M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	1.8449	+0.013%	$10.0M	$10.8M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX RENDER-USDT	+0.0100%	4h	1.8440	−0.036%	—	$3.6M	—	as long as short
Variational Omni RENDER	+0.0100%	4h	1.8492	+0.244%	$263K	$313K	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	1.8514	+0.365%	$41K	$253K	50x	as long as short
Phemex RENDERUSDT	+0.0100%	8h	1.8490	+0.235%	$1.9M	$4.0M	50x	as long as short
Extended RENDER-USDshort	+0.0104%	1h	1.8434	−0.067%	$26K	$200K	10x
Phoenix RENDER	+0.0299%	1h	1.8523	+0.414%	$48K	$315K	5x	as long as short
Aster RENDERUSDT	+0.0327%	4h	1.8463	+0.087%	$267K	$147K	20x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	1.8550	+0.560%	$586K	$1.1M	90x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0365% / S −0.0912%	1h	1.8489	+0.227%	$15K	—	100x	as long as short
Hyperliquid RENDER	+0.0587%	1h	1.8487	+0.219%	$4.2M	$3.2M	5x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0720%	1h	1.8450	+0.018%	$151K	$56K	50x	as long as short
Kraken Futures PF_RENDERUSD	+0.1270%	1h	1.8509	+0.337%	$481K	$1.1M	50x	as long as short