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

RENDER

all RENDER markets
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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.

After costs, if the gap returns to its 7d average, $10k−$67
spread now−0.096%7d average−0.061%fees + slippage, in and out−$63spread needed0.633%
Long on Kraken FuturesShort on Binance
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_RENDERUSD1.80170.0307pay 0.0038% / 1h6m 31s$466K$1.5M50x
ShortBinance RENDERUSDT1.80000.0100get 0.0050% / 4h1h 06m$11.7M$62.0M75x

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
−$9.63
Funding while held
−$6.2
Slippage, 4 orders
−$43.26
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$79.08
Spread needed to break even
0.633%
Slippage from Kraken Futures: live order book, 3 min ago; Binance: live order book, 7 min ago.

Cost of waiting

funding view
Funding /8h
−0.0207%
Per $10,000 a day
−$6.20
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 Kraken Futures live order book, 3 min ago13.07 bp18.4 bp −$1852.6 bp −$526doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago2.80 bp14.9 bp −$1533.2 bp −$332156.2 bp −$15.6Kdoesn't fit

RENDER price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni1.7916cheapestInjective1.7930+0.077%ApeX Omni1.7937+0.116%Phoenix1.7971+0.306%Bybit1.7980+0.356%Phemex1.7980+0.356%Deribit1.7989+0.407%KuCoin1.7990+0.412%BloFin1.7990+0.412%GMX1.7992+0.422%Extended1.7995+0.438%dYdX1.8000+0.468%
Binance1.8000+0.468%
OKX1.8000+0.468%MEXC1.8000+0.468%BingX1.8000+0.468%Aster1.8003+0.482%Gate1.8003+0.485%Bitget1.8003+0.485%Coinbase International1.8010+0.524%
Kraken Futures1.8017+0.565%
Hyperliquid1.8033+0.652%

RENDER on 22 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni RENDER−0.562%−0.0016%4h$214K$121K—as long as short
Injective RENDER/USDC PERP−0.485%−0.2233%1h$7K$113K12xas long as short
ApeX Omni RENDERUSDT−0.446%+0.0100%1h$48K$260K50xas long as short
Phoenix RENDER−0.257%0.0000%1h$38K$476K5xas long as short
Bybit RENDERUSDT−0.207%+0.0100%4h$11.9M$19.4M50xas long as short
Phemex RENDERUSDT−0.207%+0.0100%8h$1.9M$4.5M50xas long as short
Deribit RENDER_USDC-PERPETUAL−0.157%−0.0417%1h$14K$123K25xas long as short
KuCoin RENDERUSDTM−0.152%+0.0100%4h$4.7M$12.7M50xas long as short
BloFin RENDER-USDT−0.152%+0.0340%4h$586K$1.5M90xas long as short
GMX RENDER/USD [ETH-USDC]−0.142%L +0.0335% / S −0.0778%1h$13K—100xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended RENDER-USD−0.126%+0.0104%1h$30K$206K10xas long as short
dYdX RENDER-USD−0.096%0.0000%1h$18K$25K5xas long as short
Binance RENDERUSDTshort−0.096%+0.0100%4h$11.7M$62.0M75x
OKX RENDER-USDT-SWAP−0.096%+0.0100%4h$3.1M$12.1M20xas long as short
MEXC RENDER_USDT−0.096%+0.0100%4h$11.4M$11.6M200xas long as short
BingX RENDER-USDT−0.096%+0.0100%4h—$4.3M—as long as short
Aster RENDERUSDT−0.082%+0.0100%4h$257K$230K20xas long as short
Gate RENDER_USDT−0.080%+0.0100%4h$517K$1.4M50xas long as short
Bitget RENDERUSDT−0.080%+0.0100%4h$9.7M$12.7M50xas long as short
Coinbase International RENDER-PERP-INTX−0.041%+0.0256%1h$155K$80K50xas long as short
Kraken Futures PF_RENDERUSDlong0.000%+0.0307%1h$466K$1.5M50x
Hyperliquid RENDER+0.087%+0.0341%1h$3.8M$4.5M5xas long as short