RENDER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%

Price spread now: Bybit against Gate−0.026%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1241.244% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.085%+$8 on $10k

Price spread, last 7 days+0.012%+$1 · spread now −0.026%, 7d avg −0.040%

Together, before fees+0.097%+$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate RENDER_USDT	1.8952	0.0100	pay 0.0050% / 4h	1h 18m	$585K	$1.2M	50x
Short	Bybit RENDERUSDT	1.8947	0.0100	get 0.0050% / 4h	1h 18m	$12.1M	$13.2M	50x

Funding history

latest

Range statsloading…

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now −0.026%Rate

Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 5 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 4 min ago	5.29 bp	46.4 bp −$46	160.1 bp −$1,601	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	2.64 bp	17.1 bp −$17	44.1 bp −$441	233.6 bp −$23.4K	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
dYdX RENDER-USD	0.0000%	1h	1.8926	−0.136%	$19K	$21K	5x	as long as short
Deribit RENDER_USDC-PERPETUAL	0.0000%	1h	1.8949	−0.016%	$11K	$30K	25x	as long as short
Injective RENDER/USDC PERP	+0.0036%	1h	1.8880	−0.380%	$6K	$188K	12x	as long as short
Binance RENDERUSDT	+0.0100%	4h	1.8960	+0.042%	$12.7M	$46.9M	75x	as long as short
Bybit RENDERUSDTshort	+0.0100%	4h	1.8947	−0.026%	$12.1M	$13.2M	50x
OKX RENDER-USDT-SWAP	+0.0100%	4h	1.8960	+0.042%	$3.2M	$8.4M	20x	as long as short
Gate RENDER_USDTlong	+0.0100%	4h	1.8952	long leg	$585K	$1.2M	50x
MEXC RENDER_USDT	+0.0100%	4h	1.8950	−0.011%	$14.1M	$11.1M	200x	as long as short
KuCoin RENDERUSDTM	+0.0100%	4h	1.8950	−0.011%	$5.2M	$11.9M	50x	as long as short
Bitget RENDERUSDT	+0.0100%	4h	1.8947	−0.026%	$10.4M	$10.7M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX RENDER-USDT	+0.0100%	4h	1.8950	−0.011%	—	$3.5M	—	as long as short
Variational Omni RENDER	+0.0100%	4h	1.8877	−0.398%	$269K	$313K	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	1.8892	−0.317%	$43K	$254K	50x	as long as short
Phemex RENDERUSDT	+0.0100%	8h	1.8920	−0.169%	$1.9M	$4.0M	50x	as long as short
Extended RENDER-USD	+0.0104%	1h	1.8949	−0.015%	$28K	$198K	10x	as long as short
Aster RENDERUSDT	+0.0244%	4h	1.8973	+0.110%	$275K	$145K	20x	as long as short
Phoenix RENDER	+0.0259%	1h	1.8991	+0.206%	$49K	$246K	5x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	1.8920	−0.169%	$591K	$1.1M	90x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0369% / S −0.0912%	1h	1.8940	−0.066%	$16K	—	100x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0456%	1h	1.9130	+0.939%	$157K	$58K	50x	as long as short
Hyperliquid RENDER	+0.0882%	1h	1.8991	+0.206%	$4.3M	$3.2M	5x	as long as short
Kraken Futures PF_RENDERUSD	+0.1410%	1h	1.8967	+0.080%	$491K	$1.1M	50x	as long as short