RENDER

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Binance against Extended+0.013%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$750.746% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.013%, 7d avg +0.029%

Together, before fees+0.054%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended RENDER-USD	1.8685	0.0104	pay 0.0013% / 1h	37m 58s	$31K	$178K	10x
Short	Binance RENDERUSDT	1.8687	0.0100	get 0.0050% / 4h	2h 37m	$12.5M	$49.0M	75x

Funding history

latest

Range statsloading…

Binance against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee ExtendedbpFee BinancebpOrdersPrice spread, now +0.013%Rate

Slippage from Extended: live order book, 48 min ago; Binance: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 48 min ago	12.23 bp	25.5 bp −$26	224.5 bp −$2,245	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	2.69 bp	12.3 bp −$12	24.5 bp −$245	150.1 bp −$15.0K	doesn't fit

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	1.8640	−0.241%	$6K	$141K	12x	as long as short
Variational Omni RENDER	−0.0257%	4h	1.8615	−0.375%	$225K	$258K	—	as long as short
Bybit RENDERUSDT	−0.0107%	4h	1.8658	−0.145%	$12.2M	$14.6M	50x	as long as short
Deribit RENDER_USDC-PERPETUAL	−0.0071%	1h	1.8681	−0.022%	$11K	$30K	25x	as long as short
dYdX RENDER-USD	0.0000%	1h	1.8679	−0.031%	$19K	$21K	5x	as long as short
Aster RENDERUSDT	+0.0100%	4h	1.8689	+0.019%	$272K	$189K	20x	as long as short
Binance RENDERUSDTshort	+0.0100%	4h	1.8687	+0.013%	$12.5M	$49.0M	75x
OKX RENDER-USDT-SWAP	+0.0100%	4h	1.8680	−0.027%	$3.2M	$8.8M	20x	as long as short
Gate RENDER_USDT	+0.0100%	4h	1.8672	−0.070%	$546K	$1.1M	50x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	1.8680	−0.027%	$12.0M	$10.2M	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	1.8670	−0.081%	$5.2M	$13.0M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	1.8687	+0.010%	$10.0M	$10.3M	50x	as long as short
BingX RENDER-USDT	+0.0100%	4h	1.8680	−0.027%	—	$4.3M	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	1.8646	−0.209%	$44K	$265K	50x	as long as short
Phemex RENDERUSDT	+0.0100%	8h	1.8670	−0.081%	$1.9M	$4.0M	50x	as long as short
Extended RENDER-USDlong	+0.0104%	1h	1.8685	long leg	$31K	$178K	10x
Phoenix RENDER	+0.0173%	1h	1.8635	−0.268%	$40K	$336K	5x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	1.8650	−0.188%	$601K	$1.4M	90x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0341% / S −0.0785%	1h	1.8680	−0.026%	$14K	—	100x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0520%	1h	1.8640	−0.241%	$154K	$68K	50x	as long as short
Kraken Futures PF_RENDERUSD	+0.0744%	1h	1.8701	+0.086%	$489K	$1.1M	50x	as long as short
Hyperliquid RENDER	+0.0929%	1h	1.8703	+0.096%	$4.3M	$4.3M	5x	as long as short