Spread before costs (cost unknown: a leg has no order-book sample)+0.288%
7d average—if it closes, per $10,000$29funding while held, a day−$1.35
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX RENDER-USD | 1.7987 | 0 | get 0.0000% / 1h | 33m 38s | $18K | $23K | 5x |
| Short | Phoenix RENDER | 1.8039 | −0.0045 | pay 0.0006% / 1h | 33m 38s | $38K | $493K | 5x |
dYdX RENDER-USD
Phoenix RENDERPrice 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
- $28.77
- Funding while held
- −$1.35
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $10.42
- Spread needed to break even
- 0.170%
Slippage unknown: dYdX: no order-book sample; Phoenix: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0045%
- Per $10,000 a day
- −$1.35
- 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 Phoenix live order book, 10 min ago | 1.11 bp | 13.5 bp −$13 | 45.6 bp −$456 | 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.Injective1.7840cheapestPhemex1.7960+0.673%GMX1.7962+0.684%Deribit1.7969+0.723%Bybit1.7971+0.734%KuCoin1.7980+0.785%
Injective
Phemex
GMX
Deribit
Bybit
KuCoindYdX1.7987+0.825%
Gate1.7990+0.841%MEXC1.7990+0.841%BingX1.7990+0.841%Kraken Futures1.7992+0.853%Binance1.7995+0.866%Aster1.7999+0.890%Bitget1.8001+0.902%Extended1.8002+0.911%Variational Omni1.8004+0.921%OKX1.8010+0.953%BloFin1.8010+0.953%Hyperliquid1.8027+1.048%
Gate
MEXC
BingX
Kraken Futures
Binance
Aster
Bitget
Extended
Variational Omni
OKX
BloFin
HyperliquidPhoenix1.8039+1.115%
ApeX Omni1.8059+1.228%Coinbase International1.8080+1.345%
ApeX Omni
Coinbase InternationalRENDER on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective RENDER/USDC PERP | −0.819% | +0.0339% | 1h | $6K | $113K | 12x | as long as short |
| Phemex RENDERUSDT | −0.152% | −0.0352% | 8h | $1.9M | $4.4M | 50x | as long as short |
| GMX RENDER/USD [ETH-USDC] | −0.140% | L +0.0335% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.102% | −0.0195% | 1h | $10K | $127K | 25x | as long as short |
| Bybit RENDERUSDT | −0.090% | +0.0100% | 4h | $11.7M | $18.4M | 50x | as long as short |
| KuCoin RENDERUSDTM | −0.040% | +0.0100% | 4h | $4.6M | $13.2M | 50x | as long as short |
| dYdX RENDER-USDlong | 0.000% | 0.0000% | 1h | $18K | $23K | 5x | |
| Gate RENDER_USDT | +0.015% | +0.0064% | 4h | $528K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.015% | +0.0100% | 4h | $10.5M | $12.6M | 200x | as long as short |
| BingX RENDER-USDT | +0.015% | +0.0100% | 4h | — | $4.2M | — | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RENDERUSD | +0.027% | −0.0057% | 1h | $466K | $1.5M | 50x | as long as short |
| Binance RENDERUSDT | +0.040% | +0.0100% | 4h | $11.8M | $60.4M | 75x | as long as short |
| Aster RENDERUSDT | +0.064% | +0.0100% | 4h | $261K | $230K | 20x | as long as short |
| Bitget RENDERUSDT | +0.076% | +0.0100% | 4h | $9.5M | $12.5M | 50x | as long as short |
| Extended RENDER-USD | +0.085% | +0.0104% | 1h | $30K | $192K | 10x | as long as short |
| Variational Omni RENDER | +0.095% | +0.0016% | 4h | $216K | $120K | — | as long as short |
| OKX RENDER-USDT-SWAP | +0.126% | +0.0100% | 4h | $3.1M | $11.6M | 20x | as long as short |
| BloFin RENDER-USDT | +0.126% | +0.0340% | 4h | $584K | $1.5M | 90x | as long as short |
| Hyperliquid RENDER | +0.221% | +0.0603% | 1h | $3.8M | $4.5M | 5x | as long as short |
| Phoenix RENDERshort | +0.288% | −0.0045% | 1h | $38K | $493K | 5x | |
| ApeX Omni RENDERUSDT | +0.399% | +0.0100% | 1h | $46K | $260K | 50x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.516% | +0.0368% | 1h | $155K | $70K | 50x | as long as short |