After costs, if the gap returns to its 7d average, $10k−$58
spread now+0.110%7d average−0.117%fees + slippage, in and out−$81spread needed0.809%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RENDERUSDTM | 1.8240 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $4.6M | $12.3M | 50x |
| Short | Bybit RENDERUSDT | 1.8260 | 0.0100 | get 0.0050% / 4h | 1h 57m | $12.1M | $19.1M | 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
- $10.96
- Funding while held
- $0
- Slippage, 4 orders
- −$57.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$69.91
- Spread needed to break even
- 0.809%
Slippage from KuCoin: live order book, 7 min ago; Bybit: live order book, 2 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, 7 min ago | 5.51 bp | 24.7 bp −$25 | 62.4 bp −$624 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.75 bp | 17.1 bp −$17 | 49.0 bp −$490 | 616.2 bp −$61.6K | 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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni RENDER | −0.411% | −0.0053% | 4h | $227K | $110K | — | as long as short |
| ApeX Omni RENDERUSDT | −0.318% | +0.0100% | 1h | $49K | $258K | 50x | as long as short |
| Phoenix RENDER | −0.307% | 0.0000% | 1h | $39K | $466K | 5x | as long as short |
| BloFin RENDER-USDT | −0.110% | +0.0340% | 4h | $593K | $1.5M | 90x | as long as short |
| dYdX RENDER-USD | −0.030% | 0.0000% | 1h | $18K | $26K | 5x | as long as short |
| KuCoin RENDERUSDTMlong | 0.000% | +0.0100% | 4h | $4.6M | $12.3M | 50x | |
| Phemex RENDERUSDT | 0.000% | +0.0100% | 8h | $2.0M | $4.4M | 50x | as long as short |
| Extended RENDER-USD | +0.071% | +0.0104% | 1h | $30K | $206K | 10x | as long as short |
| Gate RENDER_USDT | +0.093% | +0.0100% | 4h | $512K | $1.3M | 50x | as long as short |
| GMX RENDER/USD [ETH-USDC] | +0.095% | L +0.0336% / S −0.0765% | 1h | $13K | — | 100x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit RENDERUSDTshort | +0.110% | +0.0100% | 4h | $12.1M | $19.1M | 50x | |
| MEXC RENDER_USDT | +0.110% | +0.0100% | 4h | $11.8M | $11.3M | 200x | as long as short |
| BingX RENDER-USDT | +0.110% | +0.0100% | 4h | — | $4.3M | — | as long as short |
| Deribit RENDER_USDC-PERPETUAL | +0.137% | −0.0188% | 1h | $15K | $123K | 25x | as long as short |
| Binance RENDERUSDT | +0.144% | +0.0100% | 4h | $11.8M | $60.3M | 75x | as long as short |
| Bitget RENDERUSDT | +0.181% | +0.0100% | 4h | $9.8M | $11.9M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.219% | +0.0100% | 4h | $3.2M | $12.1M | 20x | as long as short |
| Injective RENDER/USDC PERP | +0.219% | −0.2233% | 1h | $7K | $113K | 12x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.219% | +0.0256% | 1h | $159K | $80K | 50x | as long as short |
| Aster RENDERUSDT | +0.265% | +0.0100% | 4h | $262K | $220K | 20x | as long as short |
| Hyperliquid RENDER | +0.296% | +0.0371% | 1h | $4.0M | $4.4M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.301% | +0.0302% | 1h | $485K | $1.5M | 50x | as long as short |
KuCoin RENDERUSDTM
Bybit RENDERUSDT
Variational Omni
ApeX Omni
Phoenix
BloFin
Phemex
Extended
Gate
GMX
MEXC
BingX
Deribit
Binance
Bitget
OKX
Injective
Coinbase International
Aster
Hyperliquid
Kraken Futures