Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.203%
Price spread now: Variational Omni against dYdX+0.346%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.346% dearer against dYdX than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX RENDER-USD | 1.8577 | 0 | get 0.0000% / 1h | 57m 27s | $19K | $21K | 5x |
| Short | Variational Omni RENDER | 1.8641 | 0.0100 | get 0.0050% / 4h | 57m 27s | $265K | $313K | — |
dYdX RENDER-USD
Variational Omni RENDERFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against dYdX. 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
- $21
- Price spread: +0.346% → 0.000%
- $34.63
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $45.63
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Variational Omni: RFQ quote, 2 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 2 min ago | 5.41 bp | doesn't fit | 35.2 bp −$352 | doesn't fit | doesn't fit |
dYdX: 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 | −0.0223% | 1h | 1.8650 | +0.394% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USDlong | 0.0000% | 1h | 1.8577 | long leg | $19K | $21K | 5x | |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8641 | +0.345% | $11K | $30K | 25x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8627 | +0.272% | $12.4M | $47.0M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8630 | +0.286% | $11.9M | $13.3M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8650 | +0.394% | $3.1M | $8.2M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8606 | +0.157% | $568K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8620 | +0.232% | $13.0M | $11.2M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8630 | +0.286% | $5.0M | $11.8M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8631 | +0.292% | $10.2M | $10.8M | 50x | as long as short |
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | +0.0100% | 4h | 1.8640 | +0.340% | — | $3.6M | — | as long as short |
| Variational Omni RENDERshort | +0.0100% | 4h | 1.8641 | +0.346% | $265K | $313K | — | |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8674 | +0.523% | $42K | $253K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8650 | +0.394% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8575 | −0.010% | $27K | $200K | 10x | as long as short |
| Phoenix RENDER | +0.0259% | 1h | 1.8608 | +0.168% | $48K | $315K | 5x | as long as short |
| Aster RENDERUSDT | +0.0320% | 4h | 1.8607 | +0.164% | $269K | $144K | 20x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8690 | +0.609% | $594K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0367% / S −0.0912% | 1h | 1.8633 | +0.305% | $16K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0522% | 1h | 1.8662 | +0.458% | $4.2M | $3.2M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8900 | +1.740% | $155K | $57K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1260% | 1h | 1.8662 | +0.460% | $485K | $1.1M | 50x | as long as short |
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
Aster RENDERUSDT
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD