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−$117
spread now−0.056%7d average+0.048%fees + slippage, in and out−$106spread needed1.063%
Long on PhemexShort on KuCoin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex RENDERUSDT1.79100.0100pay 0.0100% / 8h55m 29s$1.9M$4.5M50x
ShortKuCoin RENDERUSDTM1.79000.0100get 0.0050% / 4h55m 29s$4.7M$12.8M50x

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
−$5.58
Funding while held
$0
Slippage, 4 orders
−$82.34
Fee Phemex: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$111.92
Spread needed to break even
1.063%
Slippage from Phemex: live order book, 5 min ago; KuCoin: live order book, 10 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, 5 min ago2.80 bp23.4 bp −$2391.0 bp −$910doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago5.57 bp29.1 bp −$2960.4 bp −$604doesn't fitdoesn't fit

RENDER price on every exchange

against the cheapest. Click to use as the short leg.
ApeX Omni1.7851cheapestVariational Omni1.7852+0.007%BloFin1.7860+0.050%GMX1.7884+0.184%Bybit1.7889+0.213%Deribit1.7889+0.213%Phoenix1.7895+0.246%Binance1.7895+0.247%OKX1.7900+0.274%
KuCoin1.7900+0.274%
Bitget1.7905+0.303%Extended1.7908+0.318%MEXC1.7910+0.331%
Phemex1.7910+0.331%
Aster1.7911+0.337%dYdX1.7916+0.366%BingX1.7920+0.387%Gate1.7931+0.448%Kraken Futures1.7931+0.449%Hyperliquid1.7945+0.527%Coinbase International1.7990+0.779%Injective1.8030+1.003%

RENDER on 22 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni RENDERUSDT−0.329%+0.0100%1h$46K$261K50xas long as short
Variational Omni RENDER−0.323%+0.0022%4h$214K$121K—as long as short
BloFin RENDER-USDT−0.279%+0.0340%4h$584K$1.4M90xas long as short
GMX RENDER/USD [ETH-USDC]−0.146%L +0.0335% / S −0.0778%1h$13K—100xas long as short
Bybit RENDERUSDT−0.117%+0.0100%4h$11.8M$19.5M50xas long as short
Deribit RENDER_USDC-PERPETUAL−0.117%−0.0365%1h$10K$127K25xas long as short
Phoenix RENDER−0.084%0.0000%1h$38K$475K5xas long as short
Binance RENDERUSDT−0.083%+0.0100%4h$11.6M$62.2M75xas long as short
OKX RENDER-USDT-SWAP−0.056%+0.0100%4h$3.1M$12.1M20xas long as short
KuCoin RENDERUSDTMshort−0.056%+0.0100%4h$4.7M$12.8M50x
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget RENDERUSDT−0.028%+0.0100%4h$9.6M$12.7M50xas long as short
Extended RENDER-USD−0.012%+0.0104%1h$30K$192K10xas long as short
MEXC RENDER_USDT0.000%+0.0100%4h$11.5M$11.6M200xas long as short
Phemex RENDERUSDTlong0.000%+0.0100%8h$1.9M$4.5M50x
Aster RENDERUSDT+0.006%+0.0100%4h$257K$230K20xas long as short
dYdX RENDER-USD+0.036%0.0000%1h$18K$25K5xas long as short
BingX RENDER-USDT+0.056%+0.0100%4h—$4.3M—as long as short
Gate RENDER_USDT+0.117%+0.0100%4h$515K$1.4M50xas long as short
Kraken Futures PF_RENDERUSD+0.118%+0.0144%1h$466K$1.5M50xas long as short
Hyperliquid RENDER+0.195%+0.0720%1h$3.8M$4.5M5xas long as short
Coinbase International RENDER-PERP-INTX+0.447%+0.0344%1h$155K$80K50xas long as short
Injective RENDER/USDC PERP+0.670%−0.2211%1h$7K$113K12xas long as short