After costs, if the gap returns to its 7d average, $10k−$68
spread now−0.022%7d average−0.021%fees + slippage, in and out−$67spread needed0.674%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RENDER_USDT | 1.7860 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $11.1M | $11.1M | 200x |
| Short | Gate RENDER_USDT | 1.7856 | −0.0076 | pay 0.0038% / 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
- −$2.24
- Funding while held
- −$5.28
- Slippage, 4 orders
- −$52.35
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$74.87
- Spread needed to break even
- 0.674%
Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0176%
- Per $10,000 a day
- −$5.28
- 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, 3 min ago | 2.79 bp | 2.8 bp −$3 | 9.5 bp −$95 | 65.1 bp −$6,506 | 240.9 bp −$120.4K |
| 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 | −0.280% | −0.2464% | 1h | $6K | $79K | 12x | as long as short |
| Bybit RENDERUSDT | −0.112% | +0.0100% | 4h | $11.7M | $15.3M | 50x | as long as short |
| Bitget RENDERUSDT | −0.039% | +0.0100% | 4h | $9.5M | $10.9M | 50x | as long as short |
| Gate RENDER_USDTshort | −0.022% | −0.0076% | 4h | $528K | $1.1M | 50x | |
| Extended RENDER-USD | −0.021% | +0.0104% | 1h | $30K | $179K | 10x | as long as short |
| Binance RENDERUSDT | 0.000% | +0.0100% | 4h | $11.8M | $50.7M | 75x | as long as short |
| OKX RENDER-USDT-SWAP | 0.000% | +0.0100% | 4h | $3.1M | $9.1M | 20x | as long as short |
| MEXC RENDER_USDTlong | 0.000% | +0.0100% | 4h | $11.1M | $11.1M | 200x | |
| KuCoin RENDERUSDTM | 0.000% | +0.0100% | 4h | $4.5M | $12.7M | 50x | as long as short |
| BingX RENDER-USDT | 0.000% | +0.0100% | 4h | — | $4.2M | — | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster RENDERUSDT | +0.061% | +0.0100% | 4h | $259K | $185K | 20x | as long as short |
| Phemex RENDERUSDT | +0.112% | +0.0030% | 8h | $1.8M | $4.2M | 50x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | +0.123% | −0.0365% | 1h | $10K | $127K | 25x | as long as short |
| dYdX RENDER-USD | +0.168% | 0.0000% | 1h | $18K | $22K | 5x | as long as short |
| GMX RENDER/USD [ETH-USDC] | +0.204% | L +0.0335% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.207% | +0.0829% | 1h | $3.9M | $4.3M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.231% | +0.0057% | 1h | $463K | $1.2M | 50x | as long as short |
| BloFin RENDER-USDT | +0.336% | +0.0340% | 4h | $590K | $1.4M | 90x | as long as short |
| ApeX Omni RENDERUSDT | +0.465% | +0.0100% | 1h | $46K | $258K | 50x | as long as short |
| Phoenix RENDER | +0.465% | +0.0044% | 1h | $39K | $400K | 5x | as long as short |
| Variational Omni RENDER | +0.871% | −0.0033% | 4h | $294K | $169K | — | as long as short |
| Coinbase International RENDER-PERP-INTX | +1.848% | +0.0408% | 1h | $156K | $55K | 50x | as long as short |
MEXC RENDER_USDT
Gate RENDER_USDT
Injective
Bybit
Bitget
Extended
Binance
OKX
KuCoin
BingX
Aster
Phemex
Deribit
GMX
Hyperliquid
Kraken Futures
BloFin
ApeX Omni
Phoenix
Variational Omni
Coinbase International