Settings8H · net · $10k
Funding arb · Price arb /

RENDER

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against ApeX Omni+0.017%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$360.357% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.017%, 7d avg −0.051%
Together, before fees−0.235%−$24 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: MEXC is 0.068% dearer against ApeX Omni than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni RENDERUSDT1.80470.0100pay 0.0013% / 1h30m 44s$40K$251K50x
ShortMEXC RENDER_USDT1.80500.0100get 0.0050% / 4h1h 30m$11.3M$11.6M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against ApeX 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: +0.017% → −0.051%
$6.8
Slippage, 4 orders
−$25.69
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$28.89
Costs to cover
0.357%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 11 min ago; MEXC: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 11 min ago6.37 bp15.5 bp −$16109.9 bp −$1,099doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago2.77 bp2.8 bp −$310.0 bp −$10046.1 bp −$4,613204.7 bp −$102.4K

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−0.0354%1h1.8070+0.127%$11K$194K12xas long as short
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.8046−0.006%$18K$37K25xas long as short
dYdX RENDER-USD+0.0040%1h1.8037−0.056%$18K$22K5xas long as short
Binance RENDERUSDT+0.0100%4h1.8050+0.017%$11.7M$47.2M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.8032−0.083%$11.8M$13.2M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.8060+0.072%$3.1M$8.3M20xas long as short
Gate RENDER_USDT+0.0100%4h1.8039−0.044%$518K$1.2M50xas long as short
MEXC RENDER_USDTshort+0.0100%4h1.8050+0.017%$11.3M$11.6M200x
KuCoin RENDERUSDTM+0.0100%4h1.8060+0.072%$4.8M$10.6M50xas long as short
Bitget RENDERUSDT+0.0100%4h1.8056+0.050%$9.8M$10.8M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RENDER-USDT+0.0100%4h1.8050+0.017%$5.2Mas long as short
Variational Omni RENDER+0.0100%4h1.8032−0.084%$256K$314Kas long as short
ApeX Omni RENDERUSDTlong+0.0100%1h1.8047long leg$40K$251K50x
Phemex RENDERUSDT+0.0100%8h1.8060+0.072%$1.8M$4.0M50xas long as short
Extended RENDER-USD+0.0104%1h1.8051+0.023%$26K$167K10xas long as short
Aster RENDERUSDT+0.0124%4h1.8082+0.196%$277K$177K20xas long as short
Hyperliquid RENDER+0.0292%1h1.8066+0.105%$4.1M$3.4M5xas long as short
Phoenix RENDER+0.0309%1h1.8050+0.017%$46K$348K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.8040−0.039%$605K$1.2M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0361% / S −0.0906%1h1.8042−0.029%$15K100xas long as short
Coinbase International RENDER-PERP-INTX+0.0560%1h1.8160+0.626%$150K$61K50xas long as short
Kraken Futures PF_RENDERUSD+0.1213%1h1.8055+0.046%$419K$1.5M50xas long as short