Funding you earn now, next payment 22:00 UTC+0.0173%/8h= +18.9% APRnext payment +$0.22 per $10,000 · paid last 24h +0.056%
Price spread now: ApeX Omni against Deribit+0.614%7-day average +0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.362%+$36 on $10k
+Price spread, last 3 days (all we have)+0.021%+$2 · spread now +0.614%, 7d avg +0.016%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and ApeX Omni is 0.598% dearer against Deribit than usual: you sell high and buy low: +$60 more if the spread goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit RENDER_USDC-PERPETUAL | 1.8568 | −0.0073 | get 0.0009% / 1h | 17m 05s | $11K | $30K | 25x |
| Short | ApeX Omni RENDERUSDT | 1.8682 | 0.0100 | get 0.0013% / 1h | 17m 05s | $44K | $267K | 50x |
Deribit RENDER_USDC-PERPETUAL
ApeX Omni RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Deribit. 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
- $36.34
- Price spread: +0.614% → +0.016%
- $59.76
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $79.09
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; ApeX Omni: live order book, 5 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 Deribit no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 5 min ago | 6.93 bp | 15.2 bp −$15 | 118.3 bp −$1,183 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0440% | 1h | 1.8730 | +0.872% | $6K | $141K | 12x | as long as short |
| Variational Omni RENDER | −0.0309% | 4h | 1.8704 | +0.732% | $240K | $273K | — | as long as short |
| Deribit RENDER_USDC-PERPETUALlong | −0.0073% | 1h | 1.8568 | long leg | $11K | $30K | 25x | |
| Bybit RENDERUSDT | −0.0060% | 4h | 1.8570 | +0.011% | $12.1M | $14.6M | 50x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8579 | +0.060% | $19K | $21K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8573 | +0.027% | $265K | $195K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8570 | +0.011% | $12.4M | $48.9M | 75x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8570 | +0.011% | $3.2M | $8.7M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8560 | −0.043% | $543K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8560 | −0.043% | $12.0M | $10.3M | 200x | as long as short |
Injective RENDER/USDC PERP
Variational Omni RENDER
Bybit RENDERUSDT
dYdX RENDER-USD
Aster RENDERUSDT
Binance 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 | 1.8550 | −0.097% | $5.1M | $13.1M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8569 | +0.005% | $10.0M | $10.2M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8560 | −0.043% | — | $4.3M | — | as long as short |
| ApeX Omni RENDERUSDTshort | +0.0100% | 1h | 1.8682 | +0.614% | $44K | $267K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8560 | −0.043% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8563 | −0.027% | $31K | $178K | 10x | as long as short |
| Phoenix RENDER | +0.0173% | 1h | 1.8606 | +0.205% | $40K | $336K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8580 | +0.065% | $606K | $1.4M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0362% / S −0.0904% | 1h | 1.8565 | −0.014% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0520% | 1h | 1.8750 | +0.980% | $155K | $68K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0748% | 1h | 1.8591 | +0.126% | $481K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0845% | 1h | 1.8604 | +0.194% | $4.2M | $3.7M | 5x | as long as short |
KuCoin RENDERUSDTM
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
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER