Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against ApeX Omni−0.410%59s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$570.566% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.205%+$20 · spread now −0.410%, 7d avg −0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.391% cheaper against ApeX Omni than usual: you would sell low and buy high, −$39 on $10k if it goes back to its 7-day average of −0.020%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni RENDERUSDT | 1.8034 | 0.0100 | pay 0.0013% / 1h | 32m 38s | $40K | $250K | 50x |
| Short | Binance RENDERUSDT | 1.7960 | 0.0100 | get 0.0050% / 4h | 2h 32m | $11.7M | $47.4M | 75x |
ApeX Omni RENDERUSDT
Binance RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.410% → −0.020%
- −$39.07
- Slippage, 4 orders
- −$36.61
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$95.68
- Costs to cover
- 0.566%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 14 min ago; Binance: live order book, 9 min ago.
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 ApeX Omni live order book, 14 min ago | 6.63 bp | 14.0 bp −$14 | 117.4 bp −$1,174 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.78 bp | 11.6 bp −$12 | 24.6 bp −$246 | 128.0 bp −$12.8K | doesn't fit |
RENDER on 22 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.7927 | −0.593% | $18K | $37K | 25x | as long as short |
| dYdX RENDER-USD | +0.0019% | 1h | 1.7937 | −0.537% | $18K | $32K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.7979 | −0.304% | $267K | $175K | 20x | as long as short |
| Binance RENDERUSDTshort | +0.0100% | 4h | 1.7960 | −0.410% | $11.7M | $47.4M | 75x | |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.7940 | −0.521% | $11.5M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.7940 | −0.521% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.7934 | −0.555% | $520K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.7940 | −0.521% | $11.1M | $11.2M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.7960 | −0.410% | $4.8M | $11.0M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.7970 | −0.355% | $9.7M | $10.7M | 50x | as long as short |
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Aster RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | +0.0100% | 4h | 1.7950 | −0.466% | — | $5.2M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.7952 | −0.453% | $255K | $314K | — | as long as short |
| ApeX Omni RENDERUSDTlong | +0.0100% | 1h | 1.8034 | long leg | $40K | $250K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.7960 | −0.410% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.7942 | −0.513% | $26K | $194K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0235% | 1h | 1.7950 | −0.466% | $11K | $194K | 12x | as long as short |
| Phoenix RENDER | +0.0264% | 1h | 1.7932 | −0.566% | $46K | $334K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.7930 | −0.577% | $606K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0360% / S −0.0906% | 1h | 1.7924 | −0.610% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0584% | 1h | 1.8080 | +0.255% | $150K | $60K | 50x | as long as short |
| Hyperliquid RENDER | +0.0629% | 1h | 1.7967 | −0.372% | $4.0M | $3.3M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1248% | 1h | 1.7961 | −0.404% | $462K | $1.2M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
Phemex RENDERUSDT
Extended RENDER-USD
Injective RENDER/USDC PERP
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD