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

RENDER

all RENDER markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.172%
7d average+0.136%if it closes, per $10,000$17funding while held, a day+$5.46
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RENDER1.7687−0.0082get 0.0041% / 4h2h 01m$212K$245K
ShortApeX Omni RENDERUSDT1.76560.0100get 0.0013% / 1h1m 02s$45K$258K50x

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
−$17.25
Funding while held
$5.46
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$21.78
Spread needed to break even
0.100%
Slippage unknown: Variational Omni: RFQ quote, 39 min ago; ApeX Omni: live order book, 37 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0182%
Per $10,000 a day
+$5.46
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 Variational Omni RFQ quote, 39 min ago8.34 bpdoesn't fit48.8 bp −$488doesn't fitdoesn't fit
Sell ApeX Omni live order book, 37 min ago4.73 bp11.8 bp −$12124.2 bp −$1,242doesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni RENDERUSDTshort−0.172%+0.0100%1h$45K$258K50x
Variational Omni RENDERlong0.000%−0.0082%4h$212K$245K
Injective RENDER/USDC PERP+0.020%−0.2464%1h$5K$80K12xas long as short
BloFin RENDER-USDT+0.020%+0.0340%4h$578K$1.3M90xas long as short
Phoenix RENDER+0.025%+0.0044%1h$38K$400K5xas long as short
Bybit RENDERUSDT+0.223%+0.0100%4h$11.6M$14.9M50xas long as short
Gate RENDER_USDT+0.223%−0.0214%4h$523K$1.1M50xas long as short
OKX RENDER-USDT-SWAP+0.302%+0.0100%4h$3.0M$8.6M20xas long as short
BingX RENDER-USDT+0.302%+0.0100%4h$4.1Mas long as short
Extended RENDER-USD+0.307%+0.0104%1h$29K$179K10xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance RENDERUSDT+0.312%+0.0100%4h$11.6M$49.3M75xas long as short
dYdX RENDER-USD+0.325%+0.0128%1h$18K$22K5xas long as short
MEXC RENDER_USDT+0.359%+0.0100%4h$10.5M$11.4M200xas long as short
Bitget RENDERUSDT+0.359%+0.0100%4h$9.4M$10.6M50xas long as short
Deribit RENDER_USDC-PERPETUAL+0.359%−0.0144%1h$10K$127K25xas long as short
Phemex RENDERUSDT+0.359%+0.0100%8h$1.8M$4.1M50xas long as short
Aster RENDERUSDT+0.377%+0.0100%4h$257K$174K20xas long as short
GMX RENDER/USD [ETH-USDC]+0.380%L +0.0334% / S −0.0778%1h$13K100xas long as short
Kraken Futures PF_RENDERUSD+0.385%+0.0057%1h$452K$1.2M50xas long as short
KuCoin RENDERUSDTM+0.416%+0.0100%4h$4.4M$12.7M50xas long as short
Hyperliquid RENDER+0.455%+0.0683%1h$3.8M$4.1M5xas long as short
Coinbase International RENDER-PERP-INTX+0.642%+0.0408%1h$153K$54K50xas long as short