data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

RENDER

all RENDER markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)+2.134%
7d average+0.451%if it closes, per $10,000$213funding while held, a day+$86.16
Long on InjectiveShort on Coinbase International
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective RENDER/USDC PERP1.7810−0.2464get 0.0308% / 1h41m 23s$6K$79K12x
ShortCoinbase International RENDER-PERP-INTX1.81900.0408get 0.0051% / 1h41m 23s$156K$55K50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$213.36
Funding while held
$86.16
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$289.51
Spread needed to break even
0.100%
Slippage unknown: Injective: live order book, 34 min ago; Coinbase International: live order book, 63 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.2872%
Per $10,000 a day
+$86.16
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective live order book, 34 min ago131.32 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 63 min ago27.72 bp64.9 bp −$65doesn't fitdoesn't fitdoesn't fit

RENDER price on every exchange

against the cheapest. Click to use as the short leg.
Injective1.7810cheapest
Bybit1.7842+0.180%BingX1.7850+0.225%Bitget1.7862+0.292%Binance1.7867+0.319%Gate1.7867+0.320%Extended1.7867+0.322%OKX1.7870+0.337%MEXC1.7870+0.337%KuCoin1.7870+0.337%dYdX1.7870+0.338%Aster1.7870+0.338%GMX1.7875+0.367%Phemex1.7880+0.393%Deribit1.7882+0.404%Kraken Futures1.7901+0.513%Hyperliquid1.7911+0.567%BloFin1.7920+0.618%ApeX Omni1.7943+0.747%Phoenix1.7943+0.747%Variational Omni1.8016+1.155%
Coinbase International1.8190+2.134%

RENDER on 22 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective RENDER/USDC PERPlong0.000%−0.2464%1h$6K$79K12x
Bybit RENDERUSDT+0.180%+0.0100%4h$11.7M$15.3M50xas long as short
BingX RENDER-USDT+0.225%+0.0100%4h—$4.2M—as long as short
Bitget RENDERUSDT+0.292%+0.0100%4h$9.5M$10.9M50xas long as short
Binance RENDERUSDT+0.319%+0.0100%4h$11.7M$50.6M75xas long as short
Gate RENDER_USDT+0.320%−0.0084%4h$528K$1.1M50xas long as short
Extended RENDER-USD+0.322%+0.0104%1h$30K$179K10xas long as short
OKX RENDER-USDT-SWAP+0.337%+0.0100%4h$3.1M$9.1M20xas long as short
MEXC RENDER_USDT+0.337%+0.0100%4h$11.1M$11.1M200xas long as short
KuCoin RENDERUSDTM+0.337%+0.0100%4h$4.5M$12.7M50xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
dYdX RENDER-USD+0.338%0.0000%1h$18K$22K5xas long as short
Aster RENDERUSDT+0.338%+0.0100%4h$259K$181K20xas long as short
GMX RENDER/USD [ETH-USDC]+0.367%L +0.0334% / S −0.0778%1h$13K—100xas long as short
Phemex RENDERUSDT+0.393%+0.0030%8h$1.8M$4.2M50xas long as short
Deribit RENDER_USDC-PERPETUAL+0.404%−0.0365%1h$10K$127K25xas long as short
Kraken Futures PF_RENDERUSD+0.513%+0.0057%1h$463K$1.2M50xas long as short
Hyperliquid RENDER+0.567%+0.0824%1h$3.9M$4.3M5xas long as short
BloFin RENDER-USDT+0.618%+0.0340%4h$590K$1.4M90xas long as short
ApeX Omni RENDERUSDT+0.747%+0.0100%1h$46K$258K50xas long as short
Phoenix RENDER+0.747%+0.0044%1h$39K$400K5xas long as short
Variational Omni RENDER+1.155%−0.0033%4h$294K$169K—as long as short
Coinbase International RENDER-PERP-INTXshort+2.134%+0.0408%1h$156K$55K50x