After costs, if the gap returns to its 7d average, $10k−$117
spread now−0.115%7d average−0.109%fees + slippage, in and out−$116spread needed1.162%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_RENDERUSD | 1.7888 | 0.0057 | pay 0.0007% / 1h | 41m 01s | $462K | $1.2M | 50x |
| Short | Gate RENDER_USDT | 1.7867 | −0.0084 | pay 0.0042% / 4h | 2h 41m | $528K | $1.1M | 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
- −$11.49
- Funding while held
- −$4.23
- Slippage, 4 orders
- −$91.16
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$131.87
- Spread needed to break even
- 1.162%
Slippage from Kraken Futures: live order book, 4 min ago; Gate: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0141%
- Per $10,000 a day
- −$4.23
- 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 Kraken Futures live order book, 4 min ago | 19.76 bp | 25.1 bp −$25 | 48.3 bp −$483 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 6.99 bp | 34.3 bp −$34 | 125.4 bp −$1,254 | 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 | −0.434% | −0.2464% | 1h | $6K | $79K | 12x | as long as short |
| Bybit RENDERUSDT | −0.266% | +0.0100% | 4h | $11.7M | $15.3M | 50x | as long as short |
| BingX RENDER-USDT | −0.210% | +0.0100% | 4h | — | $4.2M | — | as long as short |
| Binance RENDERUSDT | −0.196% | +0.0100% | 4h | $11.7M | $50.6M | 75x | as long as short |
| Bitget RENDERUSDT | −0.193% | +0.0100% | 4h | $9.5M | $10.9M | 50x | as long as short |
| Extended RENDER-USD | −0.166% | +0.0104% | 1h | $30K | $179K | 10x | as long as short |
| MEXC RENDER_USDT | −0.154% | +0.0100% | 4h | $11.1M | $11.1M | 200x | as long as short |
| KuCoin RENDERUSDTM | −0.154% | +0.0100% | 4h | $4.5M | $12.7M | 50x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.143% | −0.0365% | 1h | $10K | $127K | 25x | as long as short |
| Gate RENDER_USDTshort | −0.115% | −0.0084% | 4h | $528K | $1.1M | 50x |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX RENDER-USDT-SWAP | −0.098% | +0.0100% | 4h | $3.1M | $9.1M | 20x | as long as short |
| Phemex RENDERUSDT | −0.098% | +0.0041% | 8h | $1.8M | $4.2M | 50x | as long as short |
| dYdX RENDER-USD | −0.097% | 0.0000% | 1h | $18K | $22K | 5x | as long as short |
| Aster RENDERUSDT | −0.085% | +0.0100% | 4h | $259K | $181K | 20x | as long as short |
| GMX RENDER/USD [ETH-USDC] | −0.068% | L +0.0334% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSDlong | 0.000% | +0.0057% | 1h | $462K | $1.2M | 50x | |
| BloFin RENDER-USDT | +0.014% | +0.0340% | 4h | $589K | $1.4M | 90x | as long as short |
| Hyperliquid RENDER | +0.053% | +0.0814% | 1h | $3.9M | $4.3M | 5x | as long as short |
| ApeX Omni RENDERUSDT | +0.310% | +0.0100% | 1h | $46K | $258K | 50x | as long as short |
| Phoenix RENDER | +0.310% | +0.0044% | 1h | $39K | $400K | 5x | as long as short |
| Variational Omni RENDER | +0.716% | −0.0033% | 4h | $294K | $169K | — | as long as short |
| Coinbase International RENDER-PERP-INTX | +1.691% | +0.0408% | 1h | $156K | $55K | 50x | as long as short |
Kraken Futures PF_RENDERUSD
Gate RENDER_USDT
Injective
Bybit
BingX
Binance
Bitget
Extended
MEXC
KuCoin
Deribit
OKX
Phemex
Aster
GMX
BloFin
Hyperliquid
ApeX Omni
Phoenix
Variational Omni
Coinbase International