Spread before costs (cost unknown: a leg has no order-book sample)−0.173%
7d average—if it closes, per $10,000$17funding while held, a day+$0.25
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective RENDER/USDC PERP | 1.7920 | −0.0124 | get 0.0016% / 1h | 39m 10s | $6K | $49K | 12x |
| Short | Gate RENDER_USDT | 1.7889 | −0.0116 | pay 0.0058% / 4h | 1h 39m | $520K | $1.1M | 50x |
Injective RENDER/USDC PERP
Gate RENDER_USDTPrice 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
- −$17.3
- Funding while held
- $0.25
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$32.06
- Spread needed to break even
- 0.150%
Slippage unknown: Injective: no order-book sample; Gate: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0008%
- Per $10,000 a day
- +$0.25
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 4 min ago | 4.46 bp | 19.9 bp −$20 | 117.8 bp −$1,178 | doesn't fit | doesn't fit |
Injective: 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.Gate1.7889cheapest
Bybit1.7890+0.006%Binance1.7894+0.030%Extended1.7895+0.034%Bitget1.7899+0.056%Deribit1.7899+0.056%OKX1.7900+0.061%KuCoin1.7900+0.061%Phemex1.7900+0.061%Variational Omni1.7901+0.066%GMX1.7908+0.106%MEXC1.7910+0.117%BingX1.7910+0.117%Aster1.7918+0.163%
Bybit
Binance
Extended
Bitget
Deribit
OKX
KuCoin
Phemex
Variational Omni
GMX
MEXC
BingX
AsterInjective1.7920+0.173%
dYdX1.7920+0.175%Kraken Futures1.7923+0.188%Hyperliquid1.7927+0.212%Phoenix1.7927+0.212%BloFin1.7930+0.229%ApeX Omni1.7938+0.274%Coinbase International1.7980+0.509%
dYdX
Kraken Futures
Hyperliquid
Phoenix
BloFin
ApeX Omni
Coinbase InternationalRENDER on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate RENDER_USDTshort | −0.173% | −0.0116% | 4h | $520K | $1.1M | 50x | |
| Bybit RENDERUSDT | −0.167% | +0.0100% | 4h | $11.7M | $14.8M | 50x | as long as short |
| Binance RENDERUSDT | −0.143% | +0.0100% | 4h | $11.7M | $49.0M | 75x | as long as short |
| Extended RENDER-USD | −0.139% | +0.0104% | 1h | $30K | $179K | 10x | as long as short |
| Bitget RENDERUSDT | −0.117% | +0.0100% | 4h | $9.6M | $10.6M | 50x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.117% | −0.0141% | 1h | $10K | $127K | 25x | as long as short |
| OKX RENDER-USDT-SWAP | −0.112% | +0.0100% | 4h | $3.1M | $8.6M | 20x | as long as short |
| KuCoin RENDERUSDTM | −0.112% | +0.0100% | 4h | $4.6M | $12.8M | 50x | as long as short |
| Phemex RENDERUSDT | −0.112% | +0.0100% | 8h | $1.9M | $4.1M | 50x | as long as short |
| Variational Omni RENDER | −0.107% | −0.0092% | 4h | $216K | $255K | — | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX RENDER/USD [ETH-USDC] | −0.067% | L +0.0334% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| MEXC RENDER_USDT | −0.056% | +0.0100% | 4h | $10.7M | $10.0M | 200x | as long as short |
| BingX RENDER-USDT | −0.056% | +0.0100% | 4h | — | $4.1M | — | as long as short |
| Aster RENDERUSDT | −0.010% | +0.0100% | 4h | $258K | $177K | 20x | as long as short |
| Injective RENDER/USDC PERPlong | 0.000% | −0.0124% | 1h | $6K | $49K | 12x | |
| dYdX RENDER-USD | +0.002% | 0.0000% | 1h | $18K | $22K | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.015% | −0.0277% | 1h | $456K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.039% | +0.0100% | 1h | $3.8M | $4.1M | 5x | as long as short |
| Phoenix RENDER | +0.039% | +0.0090% | 1h | $39K | $336K | 5x | as long as short |
| BloFin RENDER-USDT | +0.056% | +0.0340% | 4h | $578K | $1.3M | 90x | as long as short |
| ApeX Omni RENDERUSDT | +0.100% | +0.0100% | 1h | $45K | $259K | 50x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.335% | +0.0456% | 1h | $154K | $54K | 50x | as long as short |