Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.045%
Price spread now: Extended against Variational Omni−0.062%7-day average +0.084% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.103%+$10 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.062%, 7d avg +0.084%
=Together, before fees+0.014%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$1 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: Extended is 0.146% cheaper against Variational Omni than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni RENDER | 1.8681 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $230K | $276K | — |
| Short | Extended RENDER-USD | 1.8670 | 0.0104 | get 0.0013% / 1h | 47m 11s | $27K | $198K | 10x |
Variational Omni RENDER
Extended RENDER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.062% → +0.084%
- −$14.64
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$18.8
- Costs to cover
- 0.050%
- Break-even
- 163.7 days
Slippage unknown: Variational Omni: RFQ quote, 17 min ago; Extended: 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, 17 min ago | 5.45 bp | doesn't fit | 35.4 bp −$354 | doesn't fit | doesn't fit |
| Sell Extended live order book, 14 min ago | 11.63 bp | 21.9 bp −$22 | 58.6 bp −$586 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX RENDER-USD | 0.0000% | 1h | 1.8666 | −0.081% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8670 | −0.061% | $11K | $30K | 25x | as long as short |
| Injective RENDER/USDC PERP | +0.0036% | 1h | 1.8650 | −0.168% | $6K | $188K | 12x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8690 | +0.046% | $270K | $139K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8690 | +0.046% | $12.4M | $44.8M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8680 | −0.007% | $12.0M | $12.6M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8690 | +0.046% | $3.1M | $8.0M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8664 | −0.093% | $577K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8680 | −0.007% | $11.3M | $10.7M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8670 | −0.061% | $5.1M | $11.8M | 50x | as long as short |
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Injective RENDER/USDC PERP
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTMShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8682 | +0.003% | $10.1M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8680 | −0.007% | — | $3.5M | — | as long as short |
| Variational Omni RENDERlong | +0.0100% | 4h | 1.8681 | long leg | $230K | $276K | — | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8660 | −0.114% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USDshort | +0.0104% | 1h | 1.8670 | −0.062% | $27K | $198K | 10x | |
| Phoenix RENDER | +0.0259% | 1h | 1.8671 | −0.055% | $47K | $246K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8650 | −0.168% | — | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0367% / S −0.0912% | 1h | 1.8652 | −0.159% | $16K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0456% | 1h | 1.8730 | +0.260% | $152K | $53K | 50x | as long as short |
| ApeX Omni RENDERUSDT | +0.0676% | 1h | 1.8620 | −0.328% | $46K | $252K | 50x | as long as short |
| Hyperliquid RENDER | +0.0967% | 1h | 1.8705 | +0.127% | $4.3M | $3.2M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1432% | 1h | 1.8686 | +0.027% | $488K | $1.0M | 50x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
Phemex RENDERUSDT
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
ApeX Omni RENDERUSDT
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD