Settings8H · net · $10k
Funding arb · Price arb /

RENDER

all RENDER markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%
Price spread now: Aster against Extended+0.116%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$920.923% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.116%, 7d avg +0.101%
Together, before fees−0.006%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RENDER-USD1.82060.0104pay 0.0013% / 1h55m 16s$28K$201K10x
ShortAster RENDERUSDT1.82270.0100get 0.0050% / 4h2h 55m$264K$142K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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

Funding earned
−$0.84
Price spread: +0.116% → +0.101%
$1.53
Slippage, 4 orders
−$79.3
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$91.62
Costs to cover
0.923%
Break-even
never at this rate
Slippage from Extended: live order book, 11 min ago; Aster: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 11 min ago8.86 bp21.3 bp −$21246.7 bp −$2,467doesn't fitdoesn't fit
Sell Aster live order book, 12 min ago10.75 bp28.7 bp −$29doesn't fitdoesn't fitdoesn't fit

RENDER on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective RENDER/USDC PERP−0.0344%1h1.8220+0.078%$6K$188K12xas long as short
dYdX RENDER-USD0.0000%1h1.8217+0.061%$18K$21K5xas long as short
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.8201−0.026%$10K$30K25xas long as short
Variational Omni RENDER+0.0085%4h1.8222+0.090%$224K$279Kas long as short
Aster RENDERUSDTshort+0.0100%4h1.8227+0.116%$264K$142K20x
Binance RENDERUSDT+0.0100%4h1.8221+0.083%$12.1M$46.3M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.8200−0.032%$11.7M$13.0M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.8230+0.133%$3.1M$8.0M20xas long as short
Gate RENDER_USDT+0.0100%4h1.8193−0.070%$511K$1.0M50xas long as short
MEXC RENDER_USDT+0.0100%4h1.8210+0.023%$11.0M$10.8M200xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RENDERUSDTM+0.0100%4h1.8220+0.078%$4.9M$12.1M50xas long as short
Bitget RENDERUSDT+0.0100%4h1.8227+0.117%$9.7M$10.6M50xas long as short
BingX RENDER-USDT+0.0100%4h1.8210+0.023%$3.9Mas long as short
ApeX Omni RENDERUSDT+0.0100%1h1.8354+0.814%$46K$269K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.8240+0.188%$1.8M$3.9M50xas long as short
Extended RENDER-USDlong+0.0104%1h1.8206long leg$28K$201K10x
Coinbase International RENDER-PERP-INTX+0.0168%1h1.8250+0.243%$149K$64K50xas long as short
Phoenix RENDER+0.0171%1h1.8384+0.979%$47K$297K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.8230+0.133%$585K$1.1M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0363% / S −0.0912%1h1.8203−0.013%$15K100xas long as short
Kraken Futures PF_RENDERUSD+0.0675%1h1.8237+0.170%$469K$1.0M50xas long as short
Hyperliquid RENDER+0.0711%1h1.8237+0.171%$4.2M$3.4M5xas long as short