Settings8H · net · $10k
Funding arb · Price arb /

RENDER

all RENDER markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against BingX−0.060%68s7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.634% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 4 days (all we have)+0.314%+$31 · spread now −0.060%, 7d avg +0.046%
Together, before fees+0.263%+$26 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: ApeX Omni is 0.106% cheaper against BingX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.046%. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RENDER-USDT1.83000.0100pay 0.0050% / 4h3h 34m$3.4M
ShortApeX Omni RENDERUSDT1.82890.0100get 0.0013% / 1h34m 18s$40K$256K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.060% → +0.046%
−$10.59
Slippage, 4 orders
−$43.4
Fee BingX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$74
Costs to cover
0.634%
Break-even
never at this rate
Slippage from BingX: live order book, 16 min ago; ApeX Omni: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 16 min ago5.43 bp13.4 bp −$1321.9 bp −$21970.3 bp −$7,031902.9 bp −$451.4K
Sell ApeX Omni live order book, 17 min ago10.27 bp18.9 bp −$19129.3 bp −$1,293doesn't fitdoesn't fit

RENDER on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective RENDER/USDC PERP−0.0572%1h1.8310+0.055%$12K$194K12xas long as short
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.8275−0.137%$13K$33K25xas long as short
dYdX RENDER-USD+0.0057%1h1.8287−0.072%$19K$23K5xas long as short
Aster RENDERUSDT+0.0100%4h1.8319+0.102%$268K$155K20xas long as short
Binance RENDERUSDT+0.0100%4h1.8280−0.108%$11.9M$47.1M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.8275−0.137%$11.7M$13.2M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.8290−0.055%$3.1M$8.1M20xas long as short
Gate RENDER_USDT+0.0100%4h1.8289−0.060%$536K$1.3M50xas long as short
MEXC RENDER_USDT+0.0100%4h1.8290−0.055%$12.3M$11.2M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h1.83000.000%$4.9M$11.3M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RENDERUSDT+0.0100%4h1.8288−0.066%$10.0M$10.7M50xas long as short
BingX RENDER-USDTlong+0.0100%4h1.8300long leg$3.4M
Variational Omni RENDER+0.0100%4h1.8262−0.209%$260K$313Kas long as short
ApeX Omni RENDERUSDTshort+0.0100%1h1.8289−0.060%$40K$256K50x
Phemex RENDERUSDT+0.0100%8h1.83000.000%$1.8M$4.0M50xas long as short
Extended RENDER-USD+0.0104%1h1.8277−0.125%$26K$201K10xas long as short
Phoenix RENDER+0.0303%1h1.8277−0.126%$47K$326K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.8260−0.219%$567K$1.1M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0372% / S −0.0956%1h1.8272−0.153%$16K100xas long as short
Hyperliquid RENDER+0.0573%1h1.8315+0.082%$4.1M$3.3M5xas long as short
Coinbase International RENDER-PERP-INTX+0.0616%1h1.8430+0.710%$153K$58K50xas long as short
Kraken Futures PF_RENDERUSD+0.1046%1h1.8326+0.144%$497K$1.2M50xas long as short