Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against ApeX Omni−0.463%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$830.833% of the position
Funding, last 7 days−0.045%−$4 on $10k
+Price spread, last 4 days (all we have)+0.245%+$24 · spread now −0.463%, 7d avg −0.051%
=Together, before fees+0.200%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.412% cheaper against ApeX Omni than usual: you would sell low and buy high, −$41 on $10k if it goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni RENDERUSDT | 1.8264 | 0.0100 | pay 0.0013% / 1h | 8m 48s | $40K | $250K | 50x |
| Short | Extended RENDER-USD | 1.8179 | 0.0104 | get 0.0013% / 1h | 8m 48s | $26K | $197K | 10x |
ApeX Omni RENDERUSDT
Extended RENDER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.463% → −0.051%
- −$41.21
- Slippage, 4 orders
- −$68.31
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$123.68
- Costs to cover
- 0.833%
- Break-even
- 1037.6 days
Slippage from ApeX Omni: live order book, 43 min ago; Extended: live order book, 43 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, 43 min ago | 10.27 bp | 17.6 bp −$18 | 122.5 bp −$1,225 | doesn't fit | doesn't fit |
| Sell Extended live order book, 43 min ago | 11.08 bp | 23.5 bp −$23 | 64.7 bp −$647 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RENDER/USDC PERP | −0.0572% | 1h | 1.8240 | −0.131% | $11K | $194K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8182 | −0.449% | $16K | $35K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8208 | −0.305% | $267K | $155K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8190 | −0.405% | $11.8M | $47.1M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8180 | −0.460% | $11.6M | $13.1M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8200 | −0.350% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8186 | −0.427% | $532K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8170 | −0.515% | $12.3M | $11.2M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8200 | −0.350% | $4.9M | $11.2M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8192 | −0.394% | $9.9M | $10.6M | 50x | as long as short |
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance 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 | 1.8190 | −0.405% | — | $3.4M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8222 | −0.232% | $259K | $313K | — | as long as short |
| ApeX Omni RENDERUSDTlong | +0.0100% | 1h | 1.8264 | long leg | $40K | $250K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8180 | −0.460% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USDshort | +0.0104% | 1h | 1.8179 | −0.463% | $26K | $197K | 10x | |
| dYdX RENDER-USD | +0.0178% | 1h | 1.8201 | −0.346% | $18K | $32K | 5x | as long as short |
| Phoenix RENDER | +0.0303% | 1h | 1.8256 | −0.044% | $47K | $326K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8220 | −0.241% | $562K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0372% / S −0.0956% | 1h | 1.8169 | −0.519% | $16K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0570% | 1h | 1.8209 | −0.301% | $4.1M | $3.3M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0616% | 1h | 1.8430 | +0.909% | $153K | $58K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1053% | 1h | 1.8198 | −0.360% | $491K | $1.2M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
Phemex RENDERUSDT
dYdX RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD