RENDER

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0904%/8h= +99.0% APRnext payment +$1.13 per $10,000 · paid last 24h −0.084%

Price spread now: GMX against dYdX−0.135%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 GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.135% cheaper against dYdX than usual: you would sell low and buy high (spread −0.135% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 12 hours of funding at the current rate (+$27 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX RENDER-USD	1.8789	0	get 0.0000% / 1h	27m 43s	$19K	$21K	5x
Short	GMX RENDER/USD [ETH-USDC]	1.8764	L +0.0364% / S −0.0904%	get 0.0113% / 1h	27m 43s	$16K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.135%Rate

Funding earned: $189.8
Price spread: −0.135% → 0.000%: −$13.48
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $154.31
Costs to cover: 0.220%
Break-even: 1.3 days

Slippage unknown: dYdX: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample	—	—	—	—	—

dYdX and 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 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	−0.0440%	1h	1.8670	−0.636%	$6K	$141K	12x	as long as short
Variational Omni RENDER	−0.0269%	4h	1.8634	−0.826%	$234K	$268K	—	as long as short
Bybit RENDERUSDT	−0.0123%	4h	1.8760	−0.157%	$12.2M	$14.6M	50x	as long as short
dYdX RENDER-USDlong	0.0000%	1h	1.8789	long leg	$19K	$21K	5x
Deribit RENDER_USDC-PERPETUAL	0.0000%	1h	1.8779	−0.056%	$11K	$30K	25x	as long as short
Aster RENDERUSDT	+0.0100%	4h	1.8795	+0.029%	$269K	$195K	20x	as long as short
Binance RENDERUSDT	+0.0100%	4h	1.8796	+0.034%	$12.6M	$49.2M	75x	as long as short
OKX RENDER-USDT-SWAP	+0.0100%	4h	1.8800	+0.056%	$3.2M	$8.9M	20x	as long as short
Gate RENDER_USDT	+0.0100%	4h	1.8780	−0.050%	$553K	$1.1M	50x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	1.8790	+0.003%	$12.1M	$10.3M	200x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin RENDERUSDTM	+0.0100%	4h	1.8770	−0.103%	$5.2M	$13.1M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	1.8796	+0.035%	$10.1M	$10.3M	50x	as long as short
BingX RENDER-USDT	+0.0100%	4h	1.8780	−0.050%	—	$4.3M	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	1.8660	−0.689%	$44K	$266K	50x	as long as short
Phemex RENDERUSDT	+0.0100%	8h	1.8770	−0.103%	$1.9M	$4.0M	50x	as long as short
Extended RENDER-USD	+0.0104%	1h	1.8778	−0.060%	$31K	$178K	10x	as long as short
Phoenix RENDER	+0.0173%	1h	1.8672	−0.625%	$40K	$336K	5x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	1.8670	−0.636%	$605K	$1.4M	90x	as long as short
GMX RENDER/USD [ETH-USDC]short	L +0.0364% / S −0.0904%	1h	1.8764	−0.135%	$16K	—	100x
Coinbase International RENDER-PERP-INTX	+0.0520%	1h	1.8640	−0.795%	$154K	$68K	50x	as long as short
Kraken Futures PF_RENDERUSD	+0.0740%	1h	1.8800	+0.056%	$492K	$1.1M	50x	as long as short
Hyperliquid RENDER	+0.0854%	1h	1.8828	+0.205%	$4.3M	$4.3M	5x	as long as short