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

RENDER

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h +0.158%
Price spread now: dYdX against Extended+0.019%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RENDER-USD1.86230.0104pay 0.0013% / 1h11m 53s$29K$205K10x
ShortdYdX RENDER-USD1.86270get 0.0000% / 1h11m 53s$19K$21K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21.84
Price spread: +0.019% → 0.000%
$1.94
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$34.9
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 59 min ago; dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 59 min ago14.19 bp25.2 bp −$25172.6 bp −$1,726doesn't fitdoesn't fit
Sell dYdX no order-book sample
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 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−0.0213%1h1.8840+1.164%$6K$188K12xas long as short
Coinbase International RENDER-PERP-INTX−0.0040%1h1.8830+1.110%$155K$65K50xas long as short
Variational Omni RENDER−0.0011%4h1.8797+0.934%$231K$280Kas long as short
dYdX RENDER-USDshort0.0000%1h1.8627+0.019%$19K$21K5x
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.8642+0.101%$11K$30K25xas long as short
Aster RENDERUSDT+0.0100%4h1.8663+0.214%$269K$146K20xas long as short
Binance RENDERUSDT+0.0100%4h1.8628+0.026%$12.5M$46.1M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.8622−0.007%$12.1M$13.0M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.8650+0.144%$3.2M$8.2M20xas long as short
Gate RENDER_USDT+0.0100%4h1.8616−0.039%$526K$1.1M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC RENDER_USDT+0.0100%4h1.8620−0.017%$11.9M$10.9M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h1.8630+0.036%$5.2M$12.0M50xas long as short
Bitget RENDERUSDT+0.0100%4h1.8622−0.007%$10.0M$10.5M50xas long as short
BingX RENDER-USDT+0.0100%4h1.8630+0.036%$3.9Mas long as short
ApeX Omni RENDERUSDT+0.0100%1h1.8869+1.320%$47K$269K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.8660+0.197%$1.9M$3.9M50xas long as short
Extended RENDER-USDlong+0.0104%1h1.8623long leg$29K$205K10x
Phoenix RENDER+0.0171%1h1.8727+0.557%$48K$324K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.8700+0.412%$594K$1.2M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0365% / S −0.0912%1h1.8650+0.142%$16K100xas long as short
Kraken Futures PF_RENDERUSD+0.0405%1h1.8674+0.275%$479K$1.1M50xas long as short
Hyperliquid RENDER+0.0841%1h1.8687+0.342%$4.3M$3.4M5xas long as short