After costs, if the gap returns to its 7d average, $10k−$47
spread now−0.055%7d average−0.004%fees + slippage, in and out−$42spread needed0.419%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RENDER-USDT-SWAP | 1.8030 | 0.0100 | pay 0.0050% / 4h | 3h 27m | $3.1M | $11.4M | 20x |
| Short | MEXC RENDER_USDT | 1.8020 | 0.0100 | get 0.0050% / 4h | 3h 27m | $10.5M | $12.6M | 200x |
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
- −$5.55
- Funding while held
- $0
- Slippage, 4 orders
- −$31.94
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$47.49
- Spread needed to break even
- 0.419%
Slippage from OKX: live order book, 3 min ago; MEXC: live order book, 3 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 OKX live order book, 3 min ago | 2.78 bp | 14.6 bp −$15 | 49.2 bp −$492 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.78 bp | 2.8 bp −$3 | 7.6 bp −$76 | 45.1 bp −$4,506 | 191.5 bp −$95.7K |
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 | −1.109% | +0.0339% | 1h | $6K | $113K | 12x | as long as short |
| dYdX RENDER-USD | −0.275% | 0.0000% | 1h | $18K | $23K | 5x | as long as short |
| Variational Omni RENDER | −0.244% | −0.0002% | 4h | $215K | $120K | — | as long as short |
| Gate RENDER_USDT | −0.244% | 0.0000% | 4h | $528K | $1.2M | 50x | as long as short |
| KuCoin RENDERUSDTM | −0.222% | +0.0100% | 4h | $4.6M | $13.0M | 50x | as long as short |
| Bybit RENDERUSDT | −0.166% | +0.0100% | 4h | $11.8M | $17.8M | 50x | as long as short |
| Phemex RENDERUSDT | −0.166% | −0.0263% | 8h | $1.9M | $4.4M | 50x | as long as short |
| Phoenix RENDER | −0.150% | −0.0045% | 1h | $38K | $493K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.128% | 0.0000% | 1h | $10K | $127K | 25x | as long as short |
| Extended RENDER-USD | −0.125% | +0.0104% | 1h | $30K | $181K | 10x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | −0.111% | +0.0100% | 4h | — | $4.2M | — | as long as short |
| BloFin RENDER-USDT | −0.111% | +0.0340% | 4h | $586K | $1.5M | 90x | as long as short |
| ApeX Omni RENDERUSDT | −0.094% | +0.0100% | 1h | $46K | $259K | 50x | as long as short |
| Aster RENDERUSDT | −0.080% | +0.0100% | 4h | $261K | $219K | 20x | as long as short |
| Bitget RENDERUSDT | −0.078% | +0.0100% | 4h | $9.6M | $12.4M | 50x | as long as short |
| GMX RENDER/USD [ETH-USDC] | −0.075% | L +0.0335% / S −0.0778% | 1h | $13K | — | 100x | as long as short |
| Binance RENDERUSDT | −0.055% | +0.0100% | 4h | $11.8M | $58.9M | 75x | as long as short |
| MEXC RENDER_USDTshort | −0.055% | +0.0100% | 4h | $10.5M | $12.6M | 200x | |
| Kraken Futures PF_RENDERUSD | −0.009% | −0.0057% | 1h | $468K | $1.4M | 50x | as long as short |
| OKX RENDER-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $3.1M | $11.4M | 20x | |
| Hyperliquid RENDER | +0.133% | +0.0535% | 1h | $3.8M | $4.5M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.277% | +0.0368% | 1h | $155K | $58K | 50x | as long as short |
OKX RENDER-USDT-SWAP
MEXC RENDER_USDT
Injective
Variational Omni
Gate
KuCoin
Bybit
Phemex
Phoenix
Deribit
Extended
BingX
BloFin
ApeX Omni
Aster
Bitget
GMX
Binance
Kraken Futures
Hyperliquid
Coinbase International