Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.044%
Price spread now: Variational Omni against Gate+0.411%7-day average −0.071% · 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)−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)−0.215%−$22 · spread now +0.411%, 7d avg −0.071%
=Together, before fees−0.312%+ Points / potential airdropVariational Omni: Active · farm board−$31 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: Variational Omni is 0.481% dearer against Gate than usual: you sell high and buy low, +$48 on $10k if it goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RENDER_USDT | 1.8411 | 0.0100 | pay 0.0050% / 4h | 8m 48s | $545K | $1.3M | 50x |
| Short | Variational Omni RENDER | 1.8487 | 0.0100 | get 0.0050% / 4h | 8m 48s | $263K | $313K | — |
Gate RENDER_USDT
Variational Omni RENDERFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Gate. 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: +0.411% → −0.071%
- $48.11
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $33.11
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 3 min ago; Variational Omni: RFQ quote, 50 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 Gate live order book, 3 min ago | 4.86 bp | 49.1 bp −$49 | 160.3 bp −$1,603 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 50 min ago | 5.41 bp | doesn't fit | 35.2 bp −$352 | 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 | −0.0223% | 1h | 1.8530 | +0.646% | $12K | $194K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8424 | +0.071% | $12K | $31K | 25x | as long as short |
| dYdX RENDER-USD | +0.0062% | 1h | 1.8407 | −0.024% | $19K | $23K | 5x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8406 | −0.025% | $12.1M | $47.4M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8403 | −0.043% | $11.8M | $13.3M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8430 | +0.103% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDTlong | +0.0100% | 4h | 1.8411 | long leg | $545K | $1.3M | 50x | |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8390 | −0.114% | $12.5M | $11.3M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8430 | +0.103% | $4.9M | $11.6M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8413 | +0.011% | $10.0M | $10.9M | 50x | as long as short |
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
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 | 1.8410 | −0.005% | — | $3.5M | — | as long as short |
| Variational Omni RENDERshort | +0.0100% | 4h | 1.8487 | +0.411% | $263K | $313K | — | |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8482 | +0.386% | $41K | $251K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8410 | −0.005% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8412 | +0.007% | $30K | $205K | 10x | as long as short |
| Aster RENDERUSDT | +0.0173% | 4h | 1.8420 | +0.048% | $269K | $153K | 20x | as long as short |
| Phoenix RENDER | +0.0299% | 1h | 1.8485 | +0.402% | $47K | $315K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8430 | +0.103% | $572K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0364% / S −0.0907% | 1h | 1.8420 | +0.049% | $15K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0592% | 1h | 1.8440 | +0.158% | $4.1M | $3.3M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8510 | +0.538% | $153K | $59K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1275% | 1h | 1.8442 | +0.167% | $480K | $1.1M | 50x | as long as short |
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Aster RENDERUSDT
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD