After costs, if the gap returns to its 7d average, $10k−$54
spread now+0.039%7d average−0.017%fees + slippage, in and out−$60spread needed0.600%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RENDER-USDT-SWAP | 1.7770 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $3.0M | $8.6M | 20x |
| Short | Deribit RENDER_USDC-PERPETUAL | 1.7777 | −0.0031 | pay 0.0004% / 1h | 56m 20s | $10K | $127K | 25x |
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
- $3.94
- Funding while held
- −$3.94
- Slippage, 4 orders
- −$43.03
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$60.03
- Spread needed to break even
- 0.600%
Slippage from OKX: live order book, 3 min ago; Deribit: live order book, 24 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0131%
- Per $10,000 a day
- −$3.94
- 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 OKX live order book, 3 min ago | 2.82 bp | 21.2 bp −$21 | 59.0 bp −$590 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 24 min ago | 8.42 bp | 11.9 bp −$12 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni RENDER | −0.300% | −0.0094% | 4h | $212K | $245K | — | as long as short |
| ApeX Omni RENDERUSDT | −0.107% | +0.0100% | 1h | $45K | $258K | 50x | as long as short |
| Bybit RENDERUSDT | −0.101% | +0.0100% | 4h | $11.6M | $14.8M | 50x | as long as short |
| Phoenix RENDER | −0.090% | +0.0090% | 1h | $38K | $333K | 5x | as long as short |
| BloFin RENDER-USDT | −0.056% | +0.0340% | 4h | $578K | $1.3M | 90x | as long as short |
| Gate RENDER_USDT | −0.028% | −0.0200% | 4h | $525K | $1.1M | 50x | as long as short |
| Extended RENDER-USD | −0.010% | +0.0104% | 1h | $30K | $179K | 10x | as long as short |
| OKX RENDER-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $3.0M | $8.6M | 20x | |
| MEXC RENDER_USDT | 0.000% | +0.0100% | 4h | $10.6M | $9.9M | 200x | as long as short |
| KuCoin RENDERUSDTM | 0.000% | +0.0100% | 4h | $4.5M | $12.7M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | 0.000% | +0.0100% | 4h | — | $4.1M | — | as long as short |
| Binance RENDERUSDT | +0.025% | +0.0100% | 4h | $11.6M | $49.2M | 75x | as long as short |
| Deribit RENDER_USDC-PERPETUALshort | +0.039% | −0.0031% | 1h | $10K | $127K | 25x | |
| Bitget RENDERUSDT | +0.056% | +0.0100% | 4h | $9.5M | $10.7M | 50x | as long as short |
| Phemex RENDERUSDT | +0.056% | +0.0100% | 8h | $1.8M | $4.1M | 50x | as long as short |
| dYdX RENDER-USD | +0.061% | 0.0000% | 1h | $18K | $22K | 5x | as long as short |
| GMX RENDER/USD [ETH-USDC] | +0.088% | L +0.0334% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| Aster RENDERUSDT | +0.108% | +0.0100% | 4h | $257K | $177K | 20x | as long as short |
| Injective RENDER/USDC PERP | +0.113% | −0.0124% | 1h | $5K | $49K | 12x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.180% | −0.0279% | 1h | $453K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.180% | +0.0100% | 1h | $3.8M | $4.2M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.225% | +0.0456% | 1h | $153K | $54K | 50x | as long as short |
OKX RENDER-USDT-SWAP
Deribit RENDER_USDC-PERPETUAL
Variational Omni
ApeX Omni
Bybit
Phoenix
BloFin
Gate
Extended
MEXC
KuCoin
BingX
Binance
Bitget
Phemex
GMX
Aster
Injective
Kraken Futures
Hyperliquid
Coinbase International