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: Bitget against Variational Omni−0.414%7-day average +0.137% · 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)+0.267%+$27 · spread now −0.414%, 7d avg +0.137%
Together, before fees+0.363%+ Points / potential airdropVariational Omni: Active · farm board+$36 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: Bitget is 0.552% cheaper against Variational Omni than usual: you would sell low and buy high, −$55 on $10k if it goes back to its 7-day average of +0.137%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RENDER1.84870.0100pay 0.0050% / 4h8m 54s$263K$313K
ShortBitget RENDERUSDT1.84100.0100get 0.0050% / 4h8m 54s$10.0M$10.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.414% → +0.137%
−$55.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$67.15
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 50 min ago; Bitget: live order book, 5 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, 50 min ago5.41 bpdoesn't fit38.9 bp −$389doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago3.25 bp15.5 bp −$1627.8 bp −$278doesn'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−0.0223%1h1.8530+0.235%$12K$194K12xas long as short
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.8424−0.339%$12K$31K25xas long as short
dYdX RENDER-USD+0.0062%1h1.8407−0.433%$19K$23K5xas long as short
Binance RENDERUSDT+0.0100%4h1.8419−0.364%$12.1M$47.4M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.8406−0.436%$11.8M$13.3M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.8420−0.360%$3.1M$8.1M20xas long as short
Gate RENDER_USDT+0.0100%4h1.8414−0.393%$545K$1.3M50xas long as short
MEXC RENDER_USDT+0.0100%4h1.8390−0.522%$12.5M$11.3M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h1.8430−0.306%$4.9M$11.6M50xas long as short
Bitget RENDERUSDTshort+0.0100%4h1.8410−0.414%$10.0M$10.9M50x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RENDER-USDT+0.0100%4h1.8420−0.360%$3.5Mas long as short
Variational Omni RENDERlong+0.0100%4h1.8487long leg$263K$313K
ApeX Omni RENDERUSDT+0.0100%1h1.8482−0.025%$41K$251K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.8410−0.414%$1.8M$4.0M50xas long as short
Extended RENDER-USD+0.0104%1h1.8412−0.402%$30K$205K10xas long as short
Aster RENDERUSDT+0.0173%4h1.8421−0.355%$269K$153K20xas long as short
Phoenix RENDER+0.0299%1h1.8485−0.009%$47K$315K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.8430−0.306%$572K$1.1M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0364% / S −0.0907%1h1.8420−0.360%$15K100xas long as short
Hyperliquid RENDER+0.0591%1h1.8436−0.274%$4.1M$3.3M5xas long as short
Coinbase International RENDER-PERP-INTX+0.0720%1h1.8510+0.127%$153K$59K50xas long as short
Kraken Futures PF_RENDERUSD+0.1275%1h1.8442−0.243%$480K$1.1M50xas long as short