Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.116%
Price spread now: Variational Omni against BloFin+0.010%56s7-day average −0.144% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.348%−$35 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.010%, 7d avg −0.144%
=Together, before fees−0.265%+ Points / potential airdropVariational Omni: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.154% dearer against BloFin than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.144%): +$15 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.1 days. The two prices were read 56 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 | BloFin RENDER-USDT | 1.8260 | 0.0340 | pay 0.0170% / 4h | 3h 34m | $567K | $1.1M | 90x |
| Short | Variational Omni RENDER | 1.8262 | 0.0100 | get 0.0050% / 4h | 3h 34m | $260K | $313K | — |
BloFin RENDER-USDT
Variational Omni RENDERFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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: +0.010% → −0.144%
- $15.39
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$47.01
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 3 min ago; Variational Omni: RFQ quote, 20 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 BloFin live order book, 3 min ago | 5.47 bp | 16.6 bp −$17 | 30.2 bp −$302 | 99.6 bp −$9,961 | doesn't fit |
| Sell Variational Omni RFQ quote, 20 min ago | 5.43 bp | doesn't fit | 41.8 bp −$418 | 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 | 1.8310 | +0.274% | $12K | $194K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8275 | +0.082% | $13K | $33K | 25x | as long as short |
| dYdX RENDER-USD | +0.0057% | 1h | 1.8287 | +0.147% | $19K | $23K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8317 | +0.314% | $268K | $155K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8280 | +0.107% | $11.9M | $47.1M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8270 | +0.055% | $11.7M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8290 | +0.164% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8286 | +0.142% | $536K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8270 | +0.055% | $12.3M | $11.2M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8290 | +0.164% | $4.9M | $11.3M | 50x | as long as short |
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
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 | 1.8288 | +0.153% | $10.0M | $10.7M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8300 | +0.219% | — | $3.4M | — | as long as short |
| Variational Omni RENDERshort | +0.0100% | 4h | 1.8262 | +0.010% | $260K | $313K | — | |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8289 | +0.159% | $40K | $256K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8280 | +0.110% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8277 | +0.094% | $26K | $201K | 10x | as long as short |
| Phoenix RENDER | +0.0303% | 1h | 1.8277 | +0.093% | $47K | $326K | 5x | as long as short |
| BloFin RENDER-USDTlong | +0.0340% | 4h | 1.8260 | long leg | $567K | $1.1M | 90x | |
| GMX RENDER/USD [ETH-USDC] | L +0.0372% / S −0.0956% | 1h | 1.8272 | +0.066% | $16K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0575% | 1h | 1.8307 | +0.257% | $4.1M | $3.3M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0616% | 1h | 1.8430 | +0.931% | $153K | $58K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1047% | 1h | 1.8308 | +0.265% | $497K | $1.2M | 50x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD