Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.044%
Price spread now: Variational Omni against Binance+0.061%7-day average −0.115% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)+0.123%+$12 · spread now +0.061%, 7d avg −0.115%
=Together, before fees+0.027%+ Points / potential airdropVariational Omni: Active · farm board+$3 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: Variational Omni is 0.176% dearer against Binance than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.115%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RENDERUSDT | 1.8670 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $12.4M | $44.8M | 75x |
| Short | Variational Omni RENDER | 1.8681 | 0.0100 | get 0.0050% / 4h | 1h 47m | $230K | $276K | — |
Binance RENDERUSDT
Variational Omni RENDERFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. 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: +0.061% → −0.115%
- $17.59
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $7.59
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 10 min ago; Variational Omni: RFQ quote, 17 min ago. Net counts fees only.
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 Binance live order book, 10 min ago | 2.69 bp | 14.1 bp −$14 | 27.1 bp −$271 | 235.2 bp −$23.5K | doesn't fit |
| Sell Variational Omni RFQ quote, 17 min ago | 5.45 bp | doesn't fit | 39.0 bp −$390 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX RENDER-USD | 0.0000% | 1h | 1.8666 | −0.020% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8670 | 0.000% | $11K | $30K | 25x | as long as short |
| Injective RENDER/USDC PERP | +0.0036% | 1h | 1.8650 | −0.107% | $6K | $188K | 12x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8676 | +0.031% | $270K | $139K | 20x | as long as short |
| Binance RENDERUSDTlong | +0.0100% | 4h | 1.8670 | long leg | $12.4M | $44.8M | 75x | |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8660 | −0.054% | $12.0M | $12.6M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8690 | +0.107% | $3.1M | $8.0M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8649 | −0.112% | $577K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8650 | −0.107% | $11.2M | $10.7M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8670 | 0.000% | $5.1M | $11.8M | 50x | as long as short |
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Injective RENDER/USDC PERP
Aster 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 | 1.8673 | +0.016% | $10.1M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8660 | −0.054% | — | $3.5M | — | as long as short |
| Variational Omni RENDERshort | +0.0100% | 4h | 1.8681 | +0.061% | $230K | $276K | — | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8660 | −0.054% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8670 | −0.001% | $27K | $198K | 10x | as long as short |
| Phoenix RENDER | +0.0259% | 1h | 1.8671 | +0.005% | $47K | $246K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8650 | −0.107% | — | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0367% / S −0.0912% | 1h | 1.8652 | −0.098% | $16K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0456% | 1h | 1.8730 | +0.321% | $152K | $53K | 50x | as long as short |
| ApeX Omni RENDERUSDT | +0.0676% | 1h | 1.8620 | −0.268% | $46K | $252K | 50x | as long as short |
| Hyperliquid RENDER | +0.0959% | 1h | 1.8687 | +0.091% | $4.3M | $3.2M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1432% | 1h | 1.8686 | +0.088% | $488K | $1.0M | 50x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
ApeX Omni RENDERUSDT
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD