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

RENDER

all RENDER markets
SwapFunding view
Alert
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%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_RENDERUSD1.78880.0057pay 0.0007% / 1h41m 01s$462K$1.2M50x
ShortGate RENDER_USDT1.7867−0.0084pay 0.0042% / 4h2h 41m$528K$1.1M50x

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
−$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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 4 min ago19.76 bp25.1 bp −$2548.3 bp −$483doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago6.99 bp34.3 bp −$34125.4 bp −$1,254doesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective RENDER/USDC PERP−0.434%−0.2464%1h$6K$79K12xas long as short
Bybit RENDERUSDT−0.266%+0.0100%4h$11.7M$15.3M50xas long as short
BingX RENDER-USDT−0.210%+0.0100%4h$4.2Mas long as short
Binance RENDERUSDT−0.196%+0.0100%4h$11.7M$50.6M75xas long as short
Bitget RENDERUSDT−0.193%+0.0100%4h$9.5M$10.9M50xas long as short
Extended RENDER-USD−0.166%+0.0104%1h$30K$179K10xas long as short
MEXC RENDER_USDT−0.154%+0.0100%4h$11.1M$11.1M200xas long as short
KuCoin RENDERUSDTM−0.154%+0.0100%4h$4.5M$12.7M50xas long as short
Deribit RENDER_USDC-PERPETUAL−0.143%−0.0365%1h$10K$127K25xas long as short
Gate RENDER_USDTshort−0.115%−0.0084%4h$528K$1.1M50x
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX RENDER-USDT-SWAP−0.098%+0.0100%4h$3.1M$9.1M20xas long as short
Phemex RENDERUSDT−0.098%+0.0041%8h$1.8M$4.2M50xas long as short
dYdX RENDER-USD−0.097%0.0000%1h$18K$22K5xas long as short
Aster RENDERUSDT−0.085%+0.0100%4h$259K$181K20xas long as short
GMX RENDER/USD [ETH-USDC]−0.068%L +0.0334% / S −0.0778%1h$13K100xas long as short
Kraken Futures PF_RENDERUSDlong0.000%+0.0057%1h$462K$1.2M50x
BloFin RENDER-USDT+0.014%+0.0340%4h$589K$1.4M90xas long as short
Hyperliquid RENDER+0.053%+0.0814%1h$3.9M$4.3M5xas long as short
ApeX Omni RENDERUSDT+0.310%+0.0100%1h$46K$258K50xas long as short
Phoenix RENDER+0.310%+0.0044%1h$39K$400K5xas long as short
Variational Omni RENDER+0.716%−0.0033%4h$294K$169Kas long as short
Coinbase International RENDER-PERP-INTX+1.691%+0.0408%1h$156K$55K50xas long as short