Spread before costs (cost unknown: a leg has no order-book sample)−0.049%
7d average—if it closes, per $10,000$5funding while held, a day−$51.20
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX RENDER-USD | 1.7739 | 0.1807 | pay 0.0226% / 1h | 13m 22s | $18K | $25K | 5x |
| Short | OKX RENDER-USDT-SWAP | 1.7730 | 0.0100 | get 0.0050% / 4h | 13m 22s | $3.0M | $12.1M | 20x |
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
- −$4.94
- Funding while held
- −$51.2
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$76.14
- Spread needed to break even
- 0.200%
Slippage unknown: dYdX: no order-book sample; OKX: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1707%
- Per $10,000 a day
- −$51.20
- 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 OKX live order book, 1 min ago | 2.82 bp | 22.1 bp −$22 | 62.0 bp −$620 | 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.RENDER on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni RENDER | −0.481% | +0.0023% | 4h | $212K | $121K | — | as long as short |
| Phoenix RENDER | −0.331% | −0.0045% | 1h | $38K | $488K | 5x | as long as short |
| BloFin RENDER-USDT | −0.331% | +0.0340% | 4h | $580K | $1.5M | 90x | as long as short |
| Phemex RENDERUSDT | −0.162% | +0.0100% | 8h | $1.9M | $4.6M | 50x | as long as short |
| Gate RENDER_USDT | −0.156% | +0.0100% | 4h | $501K | $1.4M | 50x | as long as short |
| Bybit RENDERUSDT | −0.151% | +0.0100% | 4h | $11.5M | $19.6M | 50x | as long as short |
| Bitget RENDERUSDT | −0.117% | +0.0100% | 4h | $9.4M | $12.9M | 50x | as long as short |
| Extended RENDER-USD | −0.114% | +0.0104% | 1h | $29K | $192K | 10x | as long as short |
| MEXC RENDER_USDT | −0.106% | +0.0100% | 4h | $10.6M | $12.4M | 200x | as long as short |
| KuCoin RENDERUSDTM | −0.106% | +0.0100% | 4h | $4.5M | $13.1M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | −0.106% | +0.0100% | 4h | — | $4.3M | — | as long as short |
| Binance RENDERUSDT | −0.104% | +0.0100% | 4h | $11.4M | $63.2M | 75x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.078% | −0.0370% | 1h | $10K | $127K | 25x | as long as short |
| OKX RENDER-USDT-SWAPshort | −0.049% | +0.0100% | 4h | $3.0M | $12.1M | 20x | |
| ApeX Omni RENDERUSDT | −0.038% | +0.0100% | 1h | $45K | $261K | 50x | as long as short |
| GMX RENDER/USD [ETH-USDC] | −0.023% | L +0.0333% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| dYdX RENDER-USDlong | 0.000% | +0.1807% | 1h | $18K | $25K | 5x | |
| Injective RENDER/USDC PERP | +0.007% | −0.2211% | 1h | $6K | $113K | 12x | as long as short |
| Aster RENDERUSDT | +0.013% | +0.0100% | 4h | $254K | $231K | 20x | as long as short |
| Hyperliquid RENDER | +0.063% | +0.0422% | 1h | $3.7M | $4.6M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.063% | +0.0344% | 1h | $153K | $72K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.065% | +0.0145% | 1h | $458K | $1.5M | 50x | as long as short |
OKX RENDER-USDT-SWAP
Variational Omni
Phoenix
BloFin
Phemex
Gate
Bybit
Bitget
Extended
MEXC
KuCoin
BingX
Binance
Deribit
ApeX Omni
GMX
Injective
Aster
Hyperliquid
Coinbase International
Kraken Futures