Settings8H · net · $10k
Funding arb · Price arb /

RENDER

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against MEXC−0.426%51s7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.356% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 4 days (all we have)+0.931%+$93 · spread now −0.426%, 7d avg +0.053%
Together, before fees+0.993%+$99 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: ApeX Omni is 0.479% cheaper against MEXC than usual: you would sell low and buy high, −$48 on $10k if it goes back to its 7-day average of +0.053%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RENDER_USDT1.80900.0100pay 0.0050% / 4h14m 40s$11.0M$11.8M200x
ShortApeX Omni RENDERUSDT1.80130.0100get 0.0013% / 1h14m 40s$40K$248K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.426% → +0.053%
−$47.88
Slippage, 4 orders
−$25.64
Fee MEXC: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$83.52
Costs to cover
0.356%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; ApeX Omni: live order book, 22 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago2.78 bp2.8 bp −$38.5 bp −$8545.0 bp −$4,501220.3 bp −$110.2K
Sell ApeX Omni live order book, 22 min ago5.01 bp12.3 bp −$12118.4 bp −$1,184doesn't fitdoesn't fit

RENDER on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective RENDER/USDC PERP−0.0131%1h1.7770−1.769%$11K$194K12xas long as short
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.8027−0.348%$18K$37K25xas long as short
dYdX RENDER-USD+0.0010%1h1.8097+0.036%$18K$22K5xas long as short
Aster RENDERUSDT+0.0100%4h1.8093+0.016%$277K$189K20xas long as short
Binance RENDERUSDT+0.0100%4h1.8090+0.001%$11.7M$45.6M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.8089−0.006%$11.9M$12.4M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.80900.000%$3.1M$8.1M20xas long as short
Gate RENDER_USDT+0.0100%4h1.8068−0.122%$515K$1.2M50xas long as short
MEXC RENDER_USDTlong+0.0100%4h1.8090long leg$11.0M$11.8M200x
KuCoin RENDERUSDTM+0.0100%4h1.80900.000%$4.9M$10.0M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RENDERUSDT+0.0100%4h1.8079−0.061%$9.9M$10.6M50xas long as short
BingX RENDER-USDT+0.0100%4h1.8080−0.055%$5.1Mas long as short
Variational Omni RENDER+0.0100%4h1.8032−0.319%$256K$314Kas long as short
ApeX Omni RENDERUSDTshort+0.0100%1h1.8013−0.426%$40K$248K50x
Phemex RENDERUSDT+0.0100%8h1.8020−0.387%$1.8M$3.9M50xas long as short
Extended RENDER-USD+0.0104%1h1.8080−0.055%$26K$254K10xas long as short
Phoenix RENDER+0.0266%1h1.8028−0.343%$46K$339K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.8030−0.332%$601K$1.2M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0361% / S −0.0906%1h1.8021−0.379%$15K100xas long as short
Hyperliquid RENDER+0.0420%1h1.8119+0.160%$4.1M$3.4M5xas long as short
Coinbase International RENDER-PERP-INTX+0.0512%1h1.8040−0.276%$148K$60K50xas long as short
Kraken Futures PF_RENDERUSD+0.0736%1h1.8034−0.310%$421K$1.4M50xas long as short