Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.072%
Price spread now: BloFin against ApeX Omni+0.183%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$570.566% of the position
Funding, last 7 days+0.445%+$44 on $10k
+Price spread, last 3 days (all we have)−0.380%−$38 · spread now +0.183%, 7d avg −0.003%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.186% dearer against ApeX Omni than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni RENDERUSDT | 1.8586 | 0.0100 | pay 0.0013% / 1h | 11m 03s | $43K | $266K | 50x |
| Short | BloFin RENDER-USDT | 1.8620 | 0.0340 | get 0.0170% / 4h | 11m 03s | $593K | $1.3M | 90x |
ApeX Omni RENDERUSDT
BloFin RENDER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $50.4
- Price spread: +0.183% → −0.003%
- $18.56
- Slippage, 4 orders
- −$34.6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $12.35
- Costs to cover
- 0.566%
- Break-even
- 5.3 days
Slippage from ApeX Omni: live order book, 66 min ago; BloFin: live order book, 1 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, 66 min ago | 9.49 bp | 16.7 bp −$17 | 107.7 bp −$1,077 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 2.69 bp | 8.7 bp −$9 | 18.6 bp −$186 | 62.4 bp −$6,235 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RENDER | −0.0085% | 4h | 1.8642 | +0.303% | $225K | $289K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8647 | +0.326% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8672 | +0.463% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8690 | +0.560% | $270K | $164K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8682 | +0.518% | $12.5M | $46.9M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8660 | +0.398% | $12.1M | $13.4M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8680 | +0.506% | $3.2M | $8.3M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8664 | +0.420% | $538K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8670 | +0.452% | $12.2M | $10.7M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8650 | +0.344% | $5.2M | $12.3M | 50x | as long as short |
Variational Omni RENDER
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTMShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8681 | +0.511% | $10.0M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8670 | +0.452% | — | $4.1M | — | as long as short |
| ApeX Omni RENDERUSDTlong | +0.0100% | 1h | 1.8586 | long leg | $43K | $266K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8660 | +0.398% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8679 | +0.498% | $31K | $178K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0110% | 1h | 1.8570 | −0.086% | $6K | $187K | 12x | as long as short |
| Phoenix RENDER | +0.0173% | 1h | 1.8631 | +0.242% | $47K | $333K | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0256% | 1h | 1.8440 | −0.786% | $152K | $65K | 50x | as long as short |
| BloFin RENDER-USDTshort | +0.0340% | 4h | 1.8620 | +0.183% | $593K | $1.3M | 90x | |
| GMX RENDER/USD [ETH-USDC] | L +0.0365% / S −0.0912% | 1h | 1.8666 | +0.429% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0593% | 1h | 1.8694 | +0.584% | $480K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.1442% | 1h | 1.8715 | +0.694% | $4.3M | $3.5M | 5x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
Phemex RENDERUSDT
Extended RENDER-USD
Injective RENDER/USDC PERP
Phoenix RENDER
Coinbase International RENDER-PERP-INTX
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER