Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Bitget+0.240%103s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as 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−$710.709% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 3 days (all we have)−0.116%−$12 · spread now +0.240%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.239% dearer against Bitget than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.001%. The two prices were read 103 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 | Bitget RENDERUSDT | 1.8310 | 0.0100 | pay 0.0050% / 4h | 2h 51m | $9.8M | $10.7M | 50x |
| Short | ApeX Omni RENDERUSDT | 1.8354 | 0.0100 | get 0.0013% / 1h | 51m 52s | $46K | $269K | 50x |
Bitget RENDERUSDT
ApeX Omni RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bitget. 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: +0.240% → +0.001%
- $23.93
- Slippage, 4 orders
- −$48.9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$46.97
- Costs to cover
- 0.709%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; ApeX Omni: live order book, 15 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 Bitget live order book, 2 min ago | 4.64 bp | 13.6 bp −$14 | 27.8 bp −$278 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 15 min ago | 8.33 bp | 19.4 bp −$19 | 131.4 bp −$1,314 | 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 | −0.0344% | 1h | 1.8300 | −0.055% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8327 | +0.093% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8293 | −0.093% | $10K | $30K | 25x | as long as short |
| Variational Omni RENDER | +0.0085% | 4h | 1.8222 | −0.480% | $224K | $279K | — | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8330 | +0.109% | $265K | $141K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8306 | −0.025% | $12.1M | $46.4M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8287 | −0.126% | $11.8M | $13.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8310 | 0.000% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8303 | −0.038% | $544K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8300 | −0.055% | $10.9M | $10.8M | 200x | as long as short |
Injective RENDER/USDC PERP
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Variational Omni RENDER
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8300 | −0.055% | $4.8M | $12.2M | 50x | as long as short |
| Bitget RENDERUSDTlong | +0.0100% | 4h | 1.8310 | long leg | $9.8M | $10.7M | 50x | |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8300 | −0.055% | — | $3.9M | — | as long as short |
| ApeX Omni RENDERUSDTshort | +0.0100% | 1h | 1.8354 | +0.240% | $46K | $269K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8300 | −0.055% | $1.8M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8292 | −0.099% | $28K | $201K | 10x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0168% | 1h | 1.8250 | −0.328% | $149K | $64K | 50x | as long as short |
| Phoenix RENDER | +0.0217% | 1h | 1.8384 | +0.404% | $47K | $297K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8280 | −0.164% | $589K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0363% / S −0.0912% | 1h | 1.8292 | −0.101% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0672% | 1h | 1.8318 | +0.044% | $472K | $1.0M | 50x | as long as short |
| Hyperliquid RENDER | +0.0726% | 1h | 1.8327 | +0.093% | $4.2M | $3.4M | 5x | as long as short |
KuCoin RENDERUSDTM
BingX RENDER-USDT
Phemex RENDERUSDT
Extended RENDER-USD
Coinbase International RENDER-PERP-INTX
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER