Spread before costs (cost unknown: a leg has no order-book sample)+0.064%
7d average—if it closes, per $10,000$6funding while held, a day+$51.38
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RENDER_USDT | 1.7647 | 0.0100 | pay 0.0050% / 4h | 18m 16s | $500K | $1.4M | 50x |
| Short | dYdX RENDER-USD | 1.7658 | 0.1813 | get 0.0227% / 1h | 18m 16s | $18K | $25K | 5x |
Gate RENDER_USDT
dYdX RENDER-USDPrice 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
- $6.37
- Funding while held
- $51.38
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $32.75
- Spread needed to break even
- 0.250%
Slippage unknown: Gate: live order book, just now; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1713%
- Per $10,000 a day
- +$51.38
- 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 Gate live order book, just now | 4.82 bp | 37.0 bp −$37 | 136.3 bp −$1,363 | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.MEXC1.7640cheapestVariational Omni1.7644+0.020%
MEXC
Variational OmniGate1.7647+0.040%
Extended1.7647+0.042%BingX1.7650+0.057%BloFin1.7650+0.057%Deribit1.7653+0.074%ApeX Omni1.7655+0.085%GMX1.7655+0.086%
Extended
BingX
BloFin
Deribit
ApeX Omni
GMXdYdX1.7658+0.103%
Bybit1.7660+0.113%KuCoin1.7660+0.113%Injective1.7660+0.113%Phemex1.7660+0.113%Bitget1.7662+0.125%Aster1.7663+0.130%Binance1.7668+0.158%Phoenix1.7670+0.170%Hyperliquid1.7674+0.195%OKX1.7680+0.227%Coinbase International1.7690+0.283%Kraken Futures1.7691+0.287%
Bybit
KuCoin
Injective
Phemex
Bitget
Aster
Binance
Phoenix
Hyperliquid
OKX
Coinbase International
Kraken FuturesRENDER on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC RENDER_USDT | −0.040% | +0.0100% | 4h | $10.4M | $12.4M | 200x | as long as short |
| Variational Omni RENDER | −0.020% | +0.0009% | 4h | $212K | $121K | — | as long as short |
| Gate RENDER_USDTlong | 0.000% | +0.0100% | 4h | $500K | $1.4M | 50x | |
| Extended RENDER-USD | +0.002% | +0.0104% | 1h | $29K | $192K | 10x | as long as short |
| BingX RENDER-USDT | +0.017% | +0.0100% | 4h | — | $4.3M | — | as long as short |
| BloFin RENDER-USDT | +0.017% | +0.0340% | 4h | $581K | $1.5M | 90x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | +0.034% | −0.0260% | 1h | $10K | $127K | 25x | as long as short |
| ApeX Omni RENDERUSDT | +0.045% | +0.0100% | 1h | $45K | $260K | 50x | as long as short |
| GMX RENDER/USD [ETH-USDC] | +0.046% | L +0.0333% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| dYdX RENDER-USDshort | +0.064% | +0.1813% | 1h | $18K | $25K | 5x |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit RENDERUSDT | +0.074% | +0.0100% | 4h | $11.5M | $19.6M | 50x | as long as short |
| KuCoin RENDERUSDTM | +0.074% | +0.0100% | 4h | $4.5M | $13.1M | 50x | as long as short |
| Injective RENDER/USDC PERP | +0.074% | −0.2211% | 1h | $6K | $113K | 12x | as long as short |
| Phemex RENDERUSDT | +0.074% | +0.0100% | 8h | $1.9M | $4.6M | 50x | as long as short |
| Bitget RENDERUSDT | +0.085% | +0.0100% | 4h | $9.4M | $12.9M | 50x | as long as short |
| Aster RENDERUSDT | +0.090% | +0.0100% | 4h | $254K | $230K | 20x | as long as short |
| Binance RENDERUSDT | +0.118% | +0.0100% | 4h | $11.3M | $63.1M | 75x | as long as short |
| Phoenix RENDER | +0.130% | −0.0045% | 1h | $38K | $488K | 5x | as long as short |
| Hyperliquid RENDER | +0.155% | +0.0425% | 1h | $3.7M | $4.6M | 5x | as long as short |
| OKX RENDER-USDT-SWAP | +0.187% | +0.0100% | 4h | $3.0M | $12.0M | 20x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.244% | +0.0344% | 1h | $152K | $72K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.247% | +0.0146% | 1h | $457K | $1.5M | 50x | as long as short |