After costs, if the gap returns to its 7d average, $10k−$81
spread now−0.056%7d average−0.080%fees + slippage, in and out−$84spread needed0.837%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RENDERUSDTM | 1.7720 | 0.0100 | pay 0.0050% / 4h | 13m 50s | $4.5M | $13.1M | 50x |
| Short | BingX RENDER-USDT | 1.7710 | 0.0100 | get 0.0050% / 4h | 13m 50s | — | $4.3M | — |
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
- −$5.64
- Funding while held
- $0
- Slippage, 4 orders
- −$61.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$89.32
- Spread needed to break even
- 0.837%
Slippage from KuCoin: live order book, 11 min ago; BingX: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 KuCoin live order book, 11 min ago | 5.68 bp | 34.0 bp −$34 | 74.3 bp −$743 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 2.84 bp | 10.7 bp −$11 | 18.2 bp −$182 | 63.3 bp −$6,329 | 920.7 bp −$460.4K |
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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni RENDER | −0.375% | +0.0023% | 4h | $212K | $121K | — | as long as short |
| Phoenix RENDER | −0.226% | −0.0045% | 1h | $38K | $488K | 5x | as long as short |
| BloFin RENDER-USDT | −0.226% | +0.0340% | 4h | $580K | $1.5M | 90x | as long as short |
| ApeX Omni RENDERUSDT | −0.198% | +0.0100% | 1h | $45K | $261K | 50x | as long as short |
| Injective RENDER/USDC PERP | −0.113% | −0.2211% | 1h | $6K | $113K | 12x | as long as short |
| Extended RENDER-USD | −0.060% | +0.0104% | 1h | $29K | $192K | 10x | as long as short |
| Bybit RENDERUSDT | −0.056% | +0.0100% | 4h | $11.5M | $19.6M | 50x | as long as short |
| MEXC RENDER_USDT | −0.056% | +0.0100% | 4h | $10.6M | $12.4M | 200x | as long as short |
| Bitget RENDERUSDT | −0.056% | +0.0100% | 4h | $9.4M | $12.9M | 50x | as long as short |
| BingX RENDER-USDTshort | −0.056% | +0.0100% | 4h | — | $4.3M | — |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex RENDERUSDT | −0.056% | +0.0100% | 8h | $1.9M | $4.6M | 50x | as long as short |
| Binance RENDERUSDT | −0.045% | +0.0100% | 4h | $11.4M | $63.2M | 75x | as long as short |
| Gate RENDER_USDT | −0.034% | +0.0100% | 4h | $501K | $1.4M | 50x | as long as short |
| KuCoin RENDERUSDTMlong | 0.000% | +0.0100% | 4h | $4.5M | $13.1M | 50x | |
| OKX RENDER-USDT-SWAP | +0.056% | +0.0100% | 4h | $3.0M | $12.1M | 20x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | +0.062% | −0.0201% | 1h | $10K | $127K | 25x | as long as short |
| Aster RENDERUSDT | +0.080% | +0.0100% | 4h | $254K | $231K | 20x | as long as short |
| GMX RENDER/USD [ETH-USDC] | +0.082% | L +0.0333% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| dYdX RENDER-USD | +0.106% | +0.1847% | 1h | $18K | $25K | 5x | as long as short |
| Hyperliquid RENDER | +0.164% | +0.0427% | 1h | $3.7M | $4.6M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.169% | +0.0344% | 1h | $153K | $72K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.171% | +0.0145% | 1h | $458K | $1.5M | 50x | as long as short |
KuCoin RENDERUSDTM
BingX RENDER-USDT
Variational Omni
Phoenix
BloFin
ApeX Omni
Injective
Extended
Bybit
MEXC
Bitget
Phemex
Binance
Gate
OKX
Deribit
Aster
GMX
Hyperliquid
Coinbase International
Kraken Futures