Spread before costs (cost unknown: a leg has no order-book sample)−0.271%
7d average—if it closes, per $10,000$27funding while held, a day−$12.83
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX RENDER/USD [ETH-USDC] | 1.7765 | L +0.0334% / S −0.0778% | pay 0.0042% / 1h | 0m 05s | $13K | — | 100x |
| Short | Variational Omni RENDER | 1.7717 | −0.0094 | pay 0.0047% / 4h | 2h 00m | $212K | $245K | — |
GMX RENDER/USD [ETH-USDC]
Variational Omni RENDERPrice 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
- −$27.13
- Funding while held
- −$12.83
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$51.96
- Spread needed to break even
- 0.120%
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 40 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0428%
- Per $10,000 a day
- −$12.83
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 40 min ago | 8.34 bp | doesn't fit | 29.1 bp −$291 | doesn't fit | doesn't fit |
GMX: 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.ApeX Omni1.7656cheapestInjective1.7690+0.193%BloFin1.7690+0.193%Phoenix1.7691+0.198%
ApeX Omni
Injective
BloFin
PhoenixVariational Omni1.7717+0.344%
Bybit1.7750+0.532%Gate1.7758+0.578%MEXC1.7760+0.589%KuCoin1.7760+0.589%Phemex1.7760+0.589%dYdX1.7761+0.595%Extended1.7762+0.600%Binance1.7763+0.606%Deribit1.7764+0.612%
Bybit
Gate
MEXC
KuCoin
Phemex
dYdX
Extended
Binance
DeribitGMX1.7765+0.617%
BingX1.7770+0.646%Bitget1.7777+0.685%Aster1.7779+0.696%Kraken Futures1.7780+0.700%Hyperliquid1.7785+0.731%OKX1.7790+0.759%Coinbase International1.7800+0.816%
BingX
Bitget
Aster
Kraken Futures
Hyperliquid
OKX
Coinbase InternationalRENDER on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni RENDERUSDT | −0.613% | +0.0100% | 1h | $45K | $258K | 50x | as long as short |
| Injective RENDER/USDC PERP | −0.422% | −0.2464% | 1h | $5K | $80K | 12x | as long as short |
| BloFin RENDER-USDT | −0.422% | +0.0340% | 4h | $578K | $1.3M | 90x | as long as short |
| Phoenix RENDER | −0.416% | +0.0044% | 1h | $38K | $400K | 5x | as long as short |
| Variational Omni RENDERshort | −0.271% | −0.0094% | 4h | $212K | $245K | — | |
| Bybit RENDERUSDT | −0.084% | +0.0100% | 4h | $11.6M | $14.8M | 50x | as long as short |
| Gate RENDER_USDT | −0.039% | −0.0212% | 4h | $525K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | −0.027% | +0.0100% | 4h | $10.5M | $11.4M | 200x | as long as short |
| KuCoin RENDERUSDTM | −0.027% | +0.0100% | 4h | $4.5M | $12.7M | 50x | as long as short |
| Phemex RENDERUSDT | −0.027% | +0.0100% | 8h | $1.8M | $4.1M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX RENDER-USD | −0.022% | +0.0126% | 1h | $18K | $22K | 5x | as long as short |
| Extended RENDER-USD | −0.017% | +0.0104% | 1h | $30K | $179K | 10x | as long as short |
| Binance RENDERUSDT | −0.011% | +0.0100% | 4h | $11.6M | $49.3M | 75x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.005% | −0.0088% | 1h | $10K | $127K | 25x | as long as short |
| GMX RENDER/USD [ETH-USDC]long | 0.000% | L +0.0334% / S −0.0778% | 1h | $13K | — | 100x | |
| BingX RENDER-USDT | +0.029% | +0.0100% | 4h | — | $4.1M | — | as long as short |
| Bitget RENDERUSDT | +0.068% | +0.0100% | 4h | $9.5M | $10.7M | 50x | as long as short |
| Aster RENDERUSDT | +0.079% | +0.0100% | 4h | $257K | $177K | 20x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.083% | +0.0057% | 1h | $453K | $1.2M | 50x | as long as short |
| Hyperliquid RENDER | +0.113% | +0.0673% | 1h | $3.9M | $4.1M | 5x | as long as short |
| OKX RENDER-USDT-SWAP | +0.141% | +0.0100% | 4h | $3.0M | $8.7M | 20x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.198% | +0.0408% | 1h | $153K | $54K | 50x | as long as short |