Funding you earn now, next payment 23:00 UTC+0.0320%/8h= +35.1% APRpaid last 24h +0.053%
Price spread now: ApeX Omni against Variational Omni+0.051%7-day average +0.138% · 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)+0.091%+$9 on $10k
+Price spread, last 3 days (all we have)+0.146%+$15 · spread now +0.051%, 7d avg +0.138%
=Together, before fees+0.237%+ Points / potential airdropVariational Omni: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.087% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.051% now, against its 7-day average of +0.138%). If the spread goes back, that is −$9 on $10k: about 22 hours of funding at the current rate (+$10 a day). At the pace of the last 3 days (+0.091% in total) that is about 3.1 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.091% in total (about 10.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni RENDER | 1.8483 | −0.0220 | get 0.0110% / 4h | 1h 02m | $223K | $297K | — |
| Short | ApeX Omni RENDERUSDT | 1.8492 | 0.0100 | get 0.0013% / 1h | 2m 54s | $43K | $266K | 50x |
Variational Omni RENDER
ApeX Omni RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Variational Omni. 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
- $67.28
- Price spread: +0.051% → +0.138%
- −$8.67
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $48.61
- Costs to cover
- 0.100%
- Break-even
- 1.9 days
Slippage unknown: Variational Omni: RFQ quote, 16 min ago; ApeX Omni: live order book, 14 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 Variational Omni RFQ quote, 16 min ago | 5.43 bp | doesn't fit | 41.6 bp −$416 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 14 min ago | 9.49 bp | 17.1 bp −$17 | 138.6 bp −$1,386 | 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 | −0.0576% | 1h | 1.8480 | −0.014% | $6K | $187K | 12x | as long as short |
| Variational Omni RENDERlong | −0.0220% | 4h | 1.8483 | long leg | $223K | $297K | — | |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8507 | +0.135% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8503 | +0.111% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8509 | +0.142% | $267K | $174K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8500 | +0.095% | $12.2M | $47.2M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8485 | +0.014% | $12.0M | $13.6M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8500 | +0.095% | $3.1M | $8.4M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8496 | +0.073% | $537K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8500 | +0.095% | $12.1M | $10.8M | 200x | as long as short |
Injective RENDER/USDC PERP
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit 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 | 1.8480 | −0.014% | $5.0M | $12.6M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8500 | +0.095% | $10.0M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8490 | +0.041% | — | $4.2M | — | as long as short |
| ApeX Omni RENDERUSDTshort | +0.0100% | 1h | 1.8492 | +0.051% | $43K | $266K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8490 | +0.041% | $1.8M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8496 | +0.074% | $31K | $178K | 10x | as long as short |
| Phoenix RENDER | +0.0131% | 1h | 1.8510 | +0.149% | $47K | $325K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8480 | −0.014% | $587K | $1.2M | 90x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0352% | 1h | 1.8440 | −0.230% | $152K | $65K | 50x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0363% / S −0.0912% | 1h | 1.8490 | +0.040% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0577% | 1h | 1.8527 | +0.242% | $480K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0844% | 1h | 1.8553 | +0.384% | $4.3M | $3.5M | 5x | as long as short |
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
Coinbase International RENDER-PERP-INTX
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER