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

RENDER

all RENDER markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$63
spread now+0.055%7d average+0.023%fees + slippage, in and out−$66spread needed0.658%
Long on OKXShort on Bitget
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX RENDER-USDT-SWAP1.81800.0100pay 0.0050% / 4h2h 00m$3.1M$12.0M20x
ShortBitget RENDERUSDT1.81900.0100get 0.0050% / 4h2h 00m$9.8M$11.9M50x

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
$5.5
Funding while held
$0
Slippage, 4 orders
−$43.78
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$60.28
Spread needed to break even
0.658%
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago5.50 bp17.6 bp −$1850.7 bp −$507doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago4.13 bp13.8 bp −$1421.2 bp −$212doesn't fitdoesn't fit

RENDER price on every exchange

against the cheapest. Click to use as the short leg.
Injective1.7980cheapestVariational Omni1.8165+1.029%Phemex1.8170+1.057%Bybit1.8173+1.073%Extended1.8176+1.091%Gate1.8179+1.107%
OKX1.8180+1.112%
MEXC1.8180+1.112%KuCoin1.8180+1.112%ApeX Omni1.8182+1.123%Phoenix1.8184+1.135%dYdX1.8185+1.138%Binance1.8190+1.168%
Bitget1.8190+1.168%
BingX1.8190+1.168%GMX1.8191+1.175%Deribit1.8194+1.190%Aster1.8200+1.224%BloFin1.8210+1.279%Hyperliquid1.8216+1.313%Kraken Futures1.8219+1.331%Coinbase International1.8280+1.669%

RENDER on 22 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective RENDER/USDC PERP−1.100%−0.0103%1h$7K$141K12xas long as short
Variational Omni RENDER−0.082%−0.0053%4h$227K$110K—as long as short
Phemex RENDERUSDT−0.055%+0.0100%8h$2.0M$4.4M50xas long as short
Bybit RENDERUSDT−0.039%+0.0100%4h$12.0M$19.0M50xas long as short
Extended RENDER-USD−0.022%+0.0104%1h$30K$206K10xas long as short
Gate RENDER_USDT−0.006%+0.0100%4h$511K$1.3M50xas long as short
OKX RENDER-USDT-SWAPlong0.000%+0.0100%4h$3.1M$12.0M20x
MEXC RENDER_USDT0.000%+0.0100%4h$11.8M$11.3M200xas long as short
KuCoin RENDERUSDTM0.000%+0.0100%4h$4.6M$12.3M50xas long as short
ApeX Omni RENDERUSDT+0.011%+0.0100%1h$49K$258K50xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Phoenix RENDER+0.022%0.0000%1h$39K$466K5xas long as short
dYdX RENDER-USD+0.025%0.0000%1h$18K$26K5xas long as short
Binance RENDERUSDT+0.055%+0.0100%4h$11.8M$60.2M75xas long as short
Bitget RENDERUSDTshort+0.055%+0.0100%4h$9.8M$11.9M50x
BingX RENDER-USDT+0.055%+0.0100%4h—$4.3M—as long as short
GMX RENDER/USD [ETH-USDC]+0.062%L +0.0335% / S −0.0765%1h$13K—100xas long as short
Deribit RENDER_USDC-PERPETUAL+0.077%−0.0244%1h$14K$123K25xas long as short
Aster RENDERUSDT+0.110%+0.0100%4h$260K$220K20xas long as short
BloFin RENDER-USDT+0.165%+0.0340%4h$592K$1.5M90xas long as short
Hyperliquid RENDER+0.198%+0.0354%1h$3.9M$4.4M5xas long as short
Kraken Futures PF_RENDERUSD+0.216%+0.0485%1h$483K$1.5M50xas long as short
Coinbase International RENDER-PERP-INTX+0.550%+0.0128%1h$159K$80K50xas long as short