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: OKX against Variational Omni+0.153%7-day average +0.124% · you sell dearer than you buy
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)−0.221%−$22 · spread now +0.153%, 7d avg +0.124%
Together, before fees−0.125%+ Points / potential airdropVariational Omni: Active · farm board−$12 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: OKX is 0.029% dearer against Variational Omni than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.124%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RENDER1.84120.0100pay 0.0050% / 4h5m 15s$262K$313K
ShortOKX RENDER-USDT-SWAP1.84400.0100get 0.0050% / 4h5m 15s$3.1M$8.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.153% → +0.124%
$2.88
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$7.12
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 54 min ago; OKX: live order book, 3 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, 54 min ago5.41 bpdoesn't fit38.9 bp −$389doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago2.71 bp20.8 bp −$2156.3 bp −$563doesn'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+0.642%$12K$194K12xas long as short
dYdX RENDER-USD+0.0057%1h1.8419+0.038%$19K$23K5xas long as short
Binance RENDERUSDT+0.0100%4h1.8420+0.046%$12.1M$47.3M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.8410−0.010%$11.8M$13.2M50xas long as short
OKX RENDER-USDT-SWAPshort+0.0100%4h1.8440+0.153%$3.1M$8.1M20x
Gate RENDER_USDT+0.0100%4h1.8418+0.034%$546K$1.3M50xas long as short
MEXC RENDER_USDT+0.0100%4h1.8420+0.045%$12.5M$11.3M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h1.8430+0.099%$4.9M$11.5M50xas long as short
Bitget RENDERUSDT+0.0100%4h1.8433+0.115%$10.0M$10.8M50xas long as short
BingX RENDER-USDT+0.0100%4h1.8420+0.045%$3.4Mas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RENDERlong+0.0100%4h1.8412long leg$262K$313K
ApeX Omni RENDERUSDT+0.0100%1h1.8434+0.121%$41K$251K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.8420+0.045%$1.8M$4.0M50xas long as short
Extended RENDER-USD+0.0104%1h1.8425+0.070%$30K$205K10xas long as short
Deribit RENDER_USDC-PERPETUAL+0.0130%1h1.8427+0.083%$12K$31K25xas long as short
Aster RENDERUSDT+0.0160%4h1.8420+0.044%$270K$153K20xas long as short
Phoenix RENDER+0.0299%1h1.8442+0.164%$47K$315K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.8440+0.153%$571K$1.1M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0364% / S −0.0907%1h1.8413+0.005%$15K100xas long as short
Hyperliquid RENDER+0.0586%1h1.8444+0.175%$4.2M$3.3M5xas long as short
Coinbase International RENDER-PERP-INTX+0.0720%1h1.8430+0.099%$153K$59K50xas long as short
Kraken Futures PF_RENDERUSD+0.1275%1h1.8443+0.167%$480K$1.1M50xas long as short