Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against OKX−0.663%50s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$620.618% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 3 days (all we have)+0.793%+$79 · spread now −0.663%, 7d avg +0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.675% cheaper against OKX than usual: you would sell low and buy high, −$68 on $10k if it goes back to its 7-day average of +0.012%. The two prices were read 50 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 | OKX RENDER-USDT-SWAP | 1.8710 | 0.0100 | pay 0.0050% / 4h | 10m 36s | $3.2M | $8.3M | 20x |
| Short | ApeX Omni RENDERUSDT | 1.8586 | 0.0100 | get 0.0013% / 1h | 10m 36s | $43K | $266K | 50x |
OKX RENDER-USDT-SWAP
ApeX Omni RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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: −0.663% → +0.012%
- −$67.52
- Slippage, 4 orders
- −$41.8
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$129.32
- Costs to cover
- 0.618%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; ApeX Omni: live order book, 1 min ago.
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 OKX live order book, 2 min ago | 2.69 bp | 16.4 bp −$16 | 46.1 bp −$461 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 1 min ago | 5.90 bp | 13.0 bp −$13 | 109.1 bp −$1,091 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RENDER | −0.0085% | 4h | 1.8642 | −0.362% | $225K | $289K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8697 | −0.067% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8672 | −0.203% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8700 | −0.052% | $270K | $164K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8700 | −0.053% | $12.5M | $46.9M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8680 | −0.160% | $12.1M | $13.4M | 50x | as long as short |
| OKX RENDER-USDT-SWAPlong | +0.0100% | 4h | 1.8710 | long leg | $3.2M | $8.3M | 20x | |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8686 | −0.128% | $538K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8670 | −0.214% | $12.2M | $10.7M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8680 | −0.160% | $5.2M | $12.3M | 50x | as long as short |
Variational Omni RENDER
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
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 | 1.8699 | −0.059% | $10.0M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8690 | −0.107% | — | $4.1M | — | as long as short |
| ApeX Omni RENDERUSDTshort | +0.0100% | 1h | 1.8586 | −0.663% | $43K | $266K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8660 | −0.267% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8698 | −0.067% | $31K | $178K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0110% | 1h | 1.8570 | −0.748% | $6K | $187K | 12x | as long as short |
| Phoenix RENDER | +0.0173% | 1h | 1.8631 | −0.422% | $47K | $333K | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0256% | 1h | 1.8440 | −1.443% | $152K | $65K | 50x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8620 | −0.481% | $593K | $1.3M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0365% / S −0.0912% | 1h | 1.8666 | −0.236% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0593% | 1h | 1.8694 | −0.083% | $480K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.1438% | 1h | 1.8734 | +0.128% | $4.4M | $3.5M | 5x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
Phemex RENDERUSDT
Extended RENDER-USD
Injective RENDER/USDC PERP
Phoenix RENDER
Coinbase International RENDER-PERP-INTX
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER