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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.044%
Price spread now: BingX against Variational Omni−0.012%7-day average +0.092% · 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 4 days (all we have)+0.096%+$10 on $10k
Price spread, last 4 days (all we have)−0.005%$0 · spread now −0.012%, 7d avg +0.092%
Together, before fees+0.092%+ Points / potential airdropVariational Omni: Active · farm board+$9 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: BingX is 0.104% cheaper against Variational Omni than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RENDER1.79520.0100pay 0.0050% / 4h2h 32m$255K$314K
ShortBingX RENDER-USDT1.79500.0100get 0.0050% / 4h2h 32m$5.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.012% → +0.092%
−$10.41
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$20.41
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 16 min ago; BingX: live order book, 2 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, 16 min ago5.49 bpdoesn't fit43.1 bp −$431doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago5.56 bp13.8 bp −$1429.4 bp −$294102.4 bp −$10.2K1011.1 bp −$505.6K

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
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.7927−0.140%$18K$37K25xas long as short
dYdX RENDER-USD+0.0019%1h1.7937−0.084%$18K$32K5xas long as short
Aster RENDERUSDT+0.0100%4h1.7963+0.062%$267K$175K20xas long as short
Binance RENDERUSDT+0.0100%4h1.7946−0.033%$11.7M$47.5M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.7935−0.096%$11.5M$13.2M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.7960+0.043%$3.1M$8.1M20xas long as short
Gate RENDER_USDT+0.0100%4h1.7934−0.101%$520K$1.3M50xas long as short
MEXC RENDER_USDT+0.0100%4h1.7940−0.068%$11.3M$11.2M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h1.7960+0.043%$4.8M$11.0M50xas long as short
Bitget RENDERUSDT+0.0100%4h1.7955+0.015%$9.7M$10.7M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RENDER-USDTshort+0.0100%4h1.7950−0.012%$5.2M
Variational Omni RENDERlong+0.0100%4h1.7952long leg$255K$314K
ApeX Omni RENDERUSDT+0.0100%1h1.8034+0.456%$40K$250K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.7960+0.043%$1.8M$4.0M50xas long as short
Extended RENDER-USD+0.0104%1h1.7945−0.038%$26K$194K10xas long as short
Injective RENDER/USDC PERP+0.0235%1h1.7950−0.012%$11K$194K12xas long as short
Phoenix RENDER+0.0264%1h1.7932−0.113%$46K$334K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.7930−0.124%$606K$1.2M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0360% / S −0.0906%1h1.7924−0.157%$15K100xas long as short
Coinbase International RENDER-PERP-INTX+0.0584%1h1.8080+0.712%$150K$60K50xas long as short
Hyperliquid RENDER+0.0629%1h1.7967+0.082%$4.0M$3.3M5xas long as short
Kraken Futures PF_RENDERUSD+0.1248%1h1.7961+0.050%$462K$1.2M50xas long as short