Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.036%
Price spread now: Bybit against Variational Omni+0.262%7-day average +0.018% · 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)+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)−0.547%−$55 · spread now +0.262%, 7d avg +0.018%
=Together, before fees−0.469%+ Points / potential airdropVariational Omni: Active · farm board−$47 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: Bybit is 0.244% dearer against Variational Omni than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni RENDER | 1.8641 | 0.0100 | pay 0.0050% / 4h | 58m 46s | $265K | $313K | — |
| Short | Bybit RENDERUSDT | 1.8690 | 0.0100 | get 0.0050% / 4h | 58m 46s | $11.9M | $13.2M | 50x |
Variational Omni RENDER
Bybit RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.262% → +0.018%
- $24.4
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $13.4
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, just now; Bybit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, just now | 5.41 bp | doesn't fit | 38.9 bp −$389 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.68 bp | 16.2 bp −$16 | 41.5 bp −$415 | 221.8 bp −$22.2K | 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 | −0.0223% | 1h | 1.8650 | +0.047% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8675 | +0.183% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8677 | +0.192% | $11K | $30K | 25x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8714 | +0.391% | $12.5M | $47.0M | 75x | as long as short |
| Bybit RENDERUSDTshort | +0.0100% | 4h | 1.8690 | +0.262% | $11.9M | $13.2M | 50x | |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8720 | +0.423% | $3.2M | $8.3M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8691 | +0.267% | $571K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8700 | +0.316% | $13.8M | $11.1M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8700 | +0.316% | $5.1M | $11.8M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8729 | +0.471% | $10.2M | $10.8M | 50x | as long as short |
Injective RENDER/USDC PERP
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Binance RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | +0.0100% | 4h | 1.8700 | +0.316% | — | $3.6M | — | as long as short |
| Variational Omni RENDERlong | +0.0100% | 4h | 1.8641 | long leg | $265K | $313K | — | |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8674 | +0.176% | $42K | $253K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8680 | +0.208% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8693 | +0.278% | $27K | $200K | 10x | as long as short |
| Phoenix RENDER | +0.0259% | 1h | 1.8684 | +0.230% | $48K | $242K | 5x | as long as short |
| Aster RENDERUSDT | +0.0315% | 4h | 1.8722 | +0.436% | $271K | $144K | 20x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8690 | +0.262% | $594K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0367% / S −0.0912% | 1h | 1.8660 | +0.100% | $16K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8900 | +1.388% | $155K | $57K | 50x | as long as short |
| Hyperliquid RENDER | +0.0774% | 1h | 1.8739 | +0.525% | $4.2M | $3.2M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1257% | 1h | 1.8704 | +0.337% | $486K | $1.1M | 50x | as long as short |
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
Aster RENDERUSDT
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD