After costs, if the gap returns to its 7d average, $10k−$113
spread now+0.062%7d average+0.069%fees + slippage, in and out−$112spread needed1.119%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RENDER_USDT | 1.7869 | −0.0072 | get 0.0036% / 4h | 2h 40m | $528K | $1.1M | 50x |
| Short | KuCoin RENDERUSDTM | 1.7880 | 0.0100 | get 0.0050% / 4h | 2h 40m | $4.5M | $12.6M | 50x |
Price 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
- $6.16
- Funding while held
- $5.16
- Slippage, 4 orders
- −$84.85
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$100.54
- Spread needed to break even
- 1.119%
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0172%
- Per $10,000 a day
- +$5.16
- 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, 3 min ago | 6.99 bp | 27.4 bp −$27 | 148.1 bp −$1,481 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.79 bp | 28.6 bp −$29 | 63.6 bp −$636 | doesn't fit | doesn't fit |
RENDER price on every exchange
against the cheapest. Click to use as the short leg.RENDER on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective RENDER/USDC PERP | −0.330% | −0.2464% | 1h | $6K | $79K | 12x | as long as short |
| Variational Omni RENDER | −0.185% | −0.0051% | 4h | $291K | $169K | — | as long as short |
| Bybit RENDERUSDT | −0.045% | +0.0100% | 4h | $11.7M | $15.3M | 50x | as long as short |
| Gate RENDER_USDTlong | 0.000% | −0.0072% | 4h | $528K | $1.1M | 50x | |
| KuCoin RENDERUSDTMshort | +0.062% | +0.0100% | 4h | $4.5M | $12.6M | 50x | |
| BingX RENDER-USDT | +0.062% | +0.0100% | 4h | — | $4.2M | — | as long as short |
| Binance RENDERUSDT | +0.067% | +0.0100% | 4h | $11.7M | $50.5M | 75x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | +0.073% | −0.0197% | 1h | $10K | $127K | 25x | as long as short |
| dYdX RENDER-USD | +0.095% | 0.0000% | 1h | $18K | $22K | 5x | as long as short |
| GMX RENDER/USD [ETH-USDC] | +0.095% | L +0.0335% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended RENDER-USD | +0.107% | +0.0104% | 1h | $30K | $179K | 10x | as long as short |
| OKX RENDER-USDT-SWAP | +0.118% | +0.0100% | 4h | $3.1M | $9.1M | 20x | as long as short |
| MEXC RENDER_USDT | +0.118% | +0.0100% | 4h | $11.1M | $11.1M | 200x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.118% | +0.0408% | 1h | $153K | $54K | 50x | as long as short |
| Phemex RENDERUSDT | +0.118% | +0.0039% | 8h | $1.8M | $4.2M | 50x | as long as short |
| BloFin RENDER-USDT | +0.118% | +0.0340% | 4h | $589K | $1.4M | 90x | as long as short |
| Bitget RENDERUSDT | +0.123% | +0.0100% | 4h | $9.5M | $10.9M | 50x | as long as short |
| Aster RENDERUSDT | +0.148% | +0.0100% | 4h | $259K | $181K | 20x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.171% | +0.0057% | 1h | $462K | $1.2M | 50x | as long as short |
| Hyperliquid RENDER | +0.308% | +0.0809% | 1h | $4.0M | $4.3M | 5x | as long as short |
| ApeX Omni RENDERUSDT | +0.414% | +0.0100% | 1h | $46K | $258K | 50x | as long as short |
| Phoenix RENDER | +0.414% | +0.0044% | 1h | $39K | $400K | 5x | as long as short |
Gate RENDER_USDT
KuCoin RENDERUSDTM
Injective
Variational Omni
Bybit
BingX
Binance
Deribit
GMX
Extended
OKX
MEXC
Coinbase International
Phemex
BloFin
Bitget
Aster
Kraken Futures
Hyperliquid
ApeX Omni
Phoenix