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

RENDER

all RENDER markets
SwapFunding view
Alert
My alerts

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−$123
spread now+0.124%7d average+0.037%fees + slippage, in and out−$131spread needed1.312%
Long on PhemexShort on ApeX Omni
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex RENDERUSDT1.77100.0100pay 0.0100% / 8h11m 43s$1.9M$4.6M50x
ShortApeX Omni RENDERUSDT1.77320.0100get 0.0013% / 1h11m 43s$45K$261K50x

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
$12.42
Funding while held
$0
Slippage, 4 orders
−$109.22
Fee Phemex: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$118.79
Spread needed to break even
1.312%
Slippage from Phemex: live order book, 4 min ago; ApeX Omni: live order book, 36 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 Phemex live order book, 4 min ago2.83 bp73.4 bp −$73152.3 bp −$1,523doesn't fitdoesn't fit
Sell ApeX Omni live order book, 36 min ago8.66 bp16.8 bp −$17121.4 bp −$1,214doesn't fitdoesn't fit

RENDER price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni1.7653cheapestPhoenix1.7680+0.150%
Phemex1.7710+0.320%
BloFin1.7720+0.377%
ApeX Omni1.7732+0.445%
Bybit1.7733+0.450%Deribit1.7738+0.479%Injective1.7740+0.490%Gate1.7745+0.518%GMX1.7745+0.519%Extended1.7747+0.529%Binance1.7750+0.547%MEXC1.7750+0.547%Bitget1.7750+0.547%BingX1.7750+0.547%Coinbase International1.7750+0.547%Kraken Futures1.7751+0.553%dYdX1.7759+0.598%OKX1.7760+0.603%KuCoin1.7760+0.603%Aster1.7770+0.660%Hyperliquid1.7780+0.717%

RENDER on 22 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni RENDER−0.319%+0.0023%4h$212K$121K—as long as short
Phoenix RENDER−0.169%−0.0045%1h$38K$488K5xas long as short
Phemex RENDERUSDTlong0.000%+0.0100%8h$1.9M$4.6M50x
BloFin RENDER-USDT+0.056%+0.0340%4h$581K$1.5M90xas long as short
ApeX Omni RENDERUSDTshort+0.124%+0.0100%1h$45K$261K50x
Bybit RENDERUSDT+0.130%+0.0100%4h$11.6M$19.6M50xas long as short
Deribit RENDER_USDC-PERPETUAL+0.158%−0.0426%1h$10K$127K25xas long as short
Injective RENDER/USDC PERP+0.169%−0.2211%1h$6K$113K12xas long as short
Gate RENDER_USDT+0.198%+0.0100%4h$500K$1.4M50xas long as short
GMX RENDER/USD [ETH-USDC]+0.198%L +0.0333% / S −0.0778%1h$13K—100xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended RENDER-USD+0.208%+0.0104%1h$30K$192K10xas long as short
Binance RENDERUSDT+0.226%+0.0100%4h$11.4M$63.3M75xas long as short
MEXC RENDER_USDT+0.226%+0.0100%4h$10.8M$12.4M200xas long as short
Bitget RENDERUSDT+0.226%+0.0100%4h$9.5M$12.9M50xas long as short
BingX RENDER-USDT+0.226%+0.0100%4h—$4.3M—as long as short
Coinbase International RENDER-PERP-INTX+0.226%+0.0344%1h$153K$72K50xas long as short
Kraken Futures PF_RENDERUSD+0.232%+0.0145%1h$458K$1.5M50xas long as short
dYdX RENDER-USD+0.277%+0.1732%1h$18K$25K5xas long as short
OKX RENDER-USDT-SWAP+0.282%+0.0100%4h$3.1M$12.1M20xas long as short
KuCoin RENDERUSDTM+0.282%+0.0100%4h$4.5M$13.1M50xas long as short
Aster RENDERUSDT+0.339%+0.0100%4h$255K$231K20xas long as short
Hyperliquid RENDER+0.395%+0.0415%1h$3.7M$4.6M5xas long as short