ArbiLayer

RENDER arbitrage

live

Live Render price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.06%Bybit → Hyperliquid · Perp–Perp
Best perp–perp spread+0.10%Bybit → Hyperliquid
Markets tracked1710 venues · 10 perp · 7 spot · 0 DEX
Price range0.20%$2.12 – $2.13

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$2.13Hyperliquid logoHyperliquid$2.13 +0.10%-0.06% +0.10%— 0.000%— LS Chart →
Bybit logoBybit$2.13Bitget logoBitget$2.13 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
Binance logoBinance$2.13Hyperliquid logoHyperliquid$2.13 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
MEXC logoMEXC$2.13Hyperliquid logoHyperliquid$2.13 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
OKX logoOKX$2.13Hyperliquid logoHyperliquid$2.13 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
Bybit logoBybit$2.13KuCoin logoKuCoin$2.13 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
Gate logoGate$2.13Hyperliquid logoHyperliquid$2.13 +0.04%-0.12% +0.03%— 0.000%— LS Chart →
Variational logoVariational$2.13Hyperliquid logoHyperliquid$2.13 +0.03%-0.13% +0.02%— +0.000%— LS Chart →
Bybit logoBybit$2.13Gate logoGate$2.13 +0.01%-0.15% +0.01%— 0.000%— LS Chart →
Binance logoBinance$2.13Bitget logoBitget$2.13 +0.01%-0.15% +0.01%— 0.000%— LS Chart →
MEXC logoMEXC$2.13Bitget logoBitget$2.13 +0.01%-0.15% +0.01%— 0.000%— LS Chart →
OKX logoOKX$2.13Bitget logoBitget$2.13 +0.01%-0.15% +0.01%— 0.000%— LS Chart →
KuCoin logoKuCoin$2.13Hyperliquid logoHyperliquid$2.13 +0.01%-0.15% +0.00%— 0.000%— LS Chart →
Binance logoBinance$2.13KuCoin logoKuCoin$2.13 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bybit logoBybit$2.13Binance logoBinance$2.13 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

RENDER price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · RENDERUSDTPerpetual $2.12$2.13$2.12-0.09% +0.030%$10.90M
MEXC logoMEXCPerpetual · RENDER_USDTPerpetual $2.13$2.13$2.13-0.05% +0.030%$9.73M
Bitget logoBitgetPerpetual · RENDERUSDTPerpetual $2.13$2.13$2.13+0.01% +0.030%$9.22M
OKX logoOKXPerpetual · RENDER-USDT-SWAPPerpetual $2.13$2.13$2.13-0.05% +0.030%$8.82M
Hyperliquid logoHyperliquidPerpetual · RENDERPerpetual $2.13$2.13$2.13+0.11% +0.030%$2.99M
KuCoin logoKuCoinPerpetual · RENDERUSDTMPerpetual $2.13$2.13$2.130.00% +0.030%$2.99M
OKX logoOKXSpot · RENDER-USDTSpot $2.13$2.13$2.13+0.02% —$2.93M
KuCoin logoKuCoinSpot · RENDER-USDTSpot $2.13$2.13$2.13+0.07% —$2.59M
Bybit logoBybitSpot · RENDERUSDTSpot $2.13$2.13$2.13+0.05% —$1.97M
Gate logoGatePerpetual · RENDER_USDTPerpetual $2.13$2.13$2.13-0.03% +0.030%$894.5K
Bitget logoBitgetSpot · RENDERUSDTSpot $2.13$2.13$2.13+0.02% —$731.9K
Gate logoGateSpot · RENDER_USDTSpot $2.13$2.13$2.13+0.00% —$611.4K
Variational logoVariationalPerpetual · RENDERPerpetual $2.12$2.13$2.13-0.07% +0.030%$197.2K
Binance logoBinancePerpetual · RENDERUSDTPerpetual $2.13$2.13$2.13-0.05% +0.030%—
Aster logoAsterPerpetual · RENDERUSDTPerpetual $2.13$2.13$2.13+0.02% +0.030%—
Binance logoBinanceSpot · RENDERUSDTSpot $2.13$2.13$2.130.00% ——
MEXC logoMEXCSpot · RENDERUSDTSpot $2.13$2.13$2.130.00% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

RENDER arbitrage explained

Right now Render (RENDER) trades on 10 venues we scan: 10 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $2.13 and the highest bid on Hyperliquid perp at $2.13.

The widest RENDER perpetual spread is between Bybit and Hyperliquid: long RENDER on Bybit at $2.13 and short on Hyperliquid at $2.13 for +0.10% gross, or -0.06% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best RENDER route is to buy spot on Binance and short the perpetual on Hyperliquid: +0.01% gross, -0.19% net, with +0.030% a day of funding on the short leg.

Spot–spot RENDER arbitrage (buy on Binance, withdraw, deposit and sell on Bybit) shows 0.00% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small RENDER gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: RENDER funding rates · RENDER spread charts · Render price · arbitrage scanner for all coins.

Is there a RENDER arbitrage opportunity right now?

The best RENDER route right now is to buy on Bybit → sell on Hyperliquid (Perp–Perp): +0.10% gross and -0.06% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest RENDER?

Bybit (perp) has the lowest RENDER ask at $2.13, and Hyperliquid (perp) the highest bid at $2.13. Prices update every 15 seconds on this page.

How many exchanges list RENDER?

ArbiLayer tracks 17 RENDER markets on 10 venues: 10 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage RENDER without transferring coins?

Use two perpetual contracts: go long RENDER on the cheaper exchange (Bybit now) and short it on the more expensive one (Hyperliquid), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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