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

RENDER

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Alert: funding
Alert: spread
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: Binance against Variational Omni−0.114%7-day average +0.115% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.096%+$10 on $10k
Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.114%, 7d avg +0.115%
Together, before fees+0.026%+ Points / potential airdropVariational Omni: Active · farm board+$3 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: Binance is 0.229% cheaper against Variational Omni than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.115%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RENDER1.86410.0100pay 0.0050% / 4h58m 03s$265K$313K
ShortBinance RENDERUSDT1.86200.0100get 0.0050% / 4h58m 03s$12.4M$47.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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 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: −0.114% → +0.115%
−$22.87
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$32.87
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Binance: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 1 min ago5.41 bpdoesn't fit38.9 bp −$389doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago2.66 bp14.5 bp −$1430.6 bp −$306129.9 bp −$13.0Kdoesn'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−0.0223%1h1.8650+0.047%$6K$188K12xas long as short
dYdX RENDER-USD0.0000%1h1.8697+0.298%$19K$21K5xas long as short
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.8641−0.001%$11K$30K25xas long as short
Binance RENDERUSDTshort+0.0100%4h1.8620−0.114%$12.4M$47.0M75x
Bybit RENDERUSDT+0.0100%4h1.8600−0.221%$11.8M$13.2M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.8620−0.114%$3.1M$8.2M20xas long as short
Gate RENDER_USDT+0.0100%4h1.8638−0.017%$569K$1.2M50xas long as short
MEXC RENDER_USDT+0.0100%4h1.8630−0.060%$13.8M$11.1M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h1.8660+0.101%$5.1M$11.8M50xas long as short
Bitget RENDERUSDT+0.0100%4h1.8648+0.037%$10.2M$10.8M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RENDER-USDT+0.0100%4h1.8630−0.060%$3.6Mas long as short
Variational Omni RENDERlong+0.0100%4h1.8641long leg$265K$313K
ApeX Omni RENDERUSDT+0.0100%1h1.8674+0.176%$42K$253K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.8650+0.047%$1.9M$4.0M50xas long as short
Extended RENDER-USD+0.0104%1h1.8645+0.021%$27K$200K10xas long as short
Phoenix RENDER+0.0259%1h1.8684+0.230%$48K$242K5xas long as short
Aster RENDERUSDT+0.0317%4h1.8677+0.194%$270K$144K20xas long as short
BloFin RENDER-USDT+0.0340%4h1.8690+0.262%$594K$1.2M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0367% / S −0.0912%1h1.8646+0.027%$16K100xas long as short
Hyperliquid RENDER+0.0534%1h1.8655+0.076%$4.2M$3.2M5xas long as short
Coinbase International RENDER-PERP-INTX+0.0720%1h1.8900+1.388%$155K$57K50xas long as short
Kraken Futures PF_RENDERUSD+0.1260%1h1.8662+0.114%$485K$1.1M50xas long as short