Spread before costs (cost unknown: a leg has no order-book sample)+0.101%
7d average—if it closes, per $10,000$10funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RENDER_USDT | 1.7950 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $10.7M | $10.0M | 200x |
| Short | dYdX RENDER-USD | 1.7968 | 0 | get 0.0000% / 1h | 44m 21s | $18K | $22K | 5x |
MEXC RENDER_USDT
dYdX RENDER-USDPrice 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
- $10.12
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$2.88
- Spread needed to break even
- 0.100%
Slippage unknown: MEXC: live order book, 5 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 MEXC live order book, 5 min ago | 2.79 bp | 13.9 bp −$14 | 15.3 bp −$153 | 46.4 bp −$4,636 | 214.8 bp −$107.4K |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
RENDER price on every exchange
against the cheapest. Click to use as the short leg.Bybit1.7933cheapestKuCoin1.7940+0.039%BingX1.7940+0.039%Injective1.7940+0.039%Gate1.7944+0.061%ApeX Omni1.7948+0.084%Extended1.7949+0.087%
Bybit
KuCoin
BingX
Injective
Gate
ApeX Omni
ExtendedMEXC1.7950+0.095%
Phemex1.7950+0.095%BloFin1.7950+0.095%Bitget1.7954+0.117%Variational Omni1.7955+0.125%Binance1.7955+0.125%GMX1.7958+0.139%Deribit1.7960+0.151%Aster1.7963+0.167%Phoenix1.7965+0.178%
Phemex
BloFin
Bitget
Variational Omni
Binance
GMX
Deribit
Aster
PhoenixdYdX1.7968+0.196%
Hyperliquid1.7970+0.206%OKX1.7970+0.206%Coinbase International1.7990+0.318%Kraken Futures1.7991+0.324%
Hyperliquid
OKX
Coinbase International
Kraken FuturesRENDER on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit RENDERUSDT | −0.095% | +0.0100% | 4h | $11.7M | $14.8M | 50x | as long as short |
| KuCoin RENDERUSDTM | −0.056% | +0.0100% | 4h | $4.6M | $12.8M | 50x | as long as short |
| BingX RENDER-USDT | −0.056% | +0.0100% | 4h | — | $4.1M | — | as long as short |
| Injective RENDER/USDC PERP | −0.056% | −0.0124% | 1h | $6K | $49K | 12x | as long as short |
| Gate RENDER_USDT | −0.033% | −0.0134% | 4h | $531K | $1.1M | 50x | as long as short |
| ApeX Omni RENDERUSDT | −0.011% | +0.0100% | 1h | $45K | $259K | 50x | as long as short |
| Extended RENDER-USD | −0.008% | +0.0104% | 1h | $30K | $179K | 10x | as long as short |
| MEXC RENDER_USDTlong | 0.000% | +0.0100% | 4h | $10.7M | $10.0M | 200x | |
| Phemex RENDERUSDT | 0.000% | +0.0100% | 8h | $1.9M | $4.1M | 50x | as long as short |
| BloFin RENDER-USDT | 0.000% | +0.0340% | 4h | $576K | $1.3M | 90x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.022% | +0.0100% | 4h | $9.6M | $10.6M | 50x | as long as short |
| Variational Omni RENDER | +0.030% | −0.0120% | 4h | $215K | $254K | — | as long as short |
| Binance RENDERUSDT | +0.030% | +0.0100% | 4h | $11.7M | $49.1M | 75x | as long as short |
| GMX RENDER/USD [ETH-USDC] | +0.044% | L +0.0335% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | +0.056% | −0.0251% | 1h | $10K | $127K | 25x | as long as short |
| Aster RENDERUSDT | +0.072% | +0.0100% | 4h | $258K | $177K | 20x | as long as short |
| Phoenix RENDER | +0.084% | +0.0090% | 1h | $39K | $336K | 5x | as long as short |
| dYdX RENDER-USDshort | +0.101% | 0.0000% | 1h | $18K | $22K | 5x | |
| Hyperliquid RENDER | +0.111% | +0.0100% | 1h | $3.8M | $4.1M | 5x | as long as short |
| OKX RENDER-USDT-SWAP | +0.111% | +0.0100% | 4h | $3.1M | $8.6M | 20x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.223% | +0.0456% | 1h | $154K | $54K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.229% | −0.0276% | 1h | $458K | $1.1M | 50x | as long as short |