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: Variational Omni against BingX−0.153%7-day average −0.088% · 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)+0.418%+$42 · spread now −0.153%, 7d avg −0.088%
Together, before fees+0.321%+ Points / potential airdropVariational Omni: Active · farm board+$32 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: Variational Omni is 0.065% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.088%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RENDER-USDT1.84600.0100pay 0.0050% / 4h2h 07m$3.6M
ShortVariational Omni RENDER1.84320.0100get 0.0050% / 4h2h 07m$227K$277K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. 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% → −0.088%
−$6.53
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$16.53
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 13 min ago; Variational Omni: RFQ quote, 62 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 BingX live order book, 13 min ago5.43 bp14.6 bp −$1522.0 bp −$22055.8 bp −$5,584883.7 bp −$441.8K
Sell Variational Omni RFQ quote, 62 min ago5.40 bpdoesn't fit42.2 bp −$422doesn't fitdoesn't fit

RENDER on 21 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−0.0344%1h1.8400−0.325%$6K$188K12xas long as short
dYdX RENDER-USD0.0000%1h1.8471+0.059%$19K$21K5xas long as short
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.8464+0.022%$11K$30K25xas long as short
Aster RENDERUSDT+0.0100%4h1.8464+0.024%$266K$141K20xas long as short
Binance RENDERUSDT+0.0100%4h1.84600.000%$12.2M$45.3M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.8456−0.022%$11.8M$12.7M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.8480+0.108%$3.1M$8.0M20xas long as short
Gate RENDER_USDT+0.0100%4h1.8463+0.016%$567K$1.1M50xas long as short
MEXC RENDER_USDT+0.0100%4h1.84600.000%$11.0M$10.9M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h1.8470+0.054%$4.9M$11.9M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RENDERUSDT+0.0100%4h1.8464+0.022%$9.9M$10.5M50xas long as short
BingX RENDER-USDTlong+0.0100%4h1.8460long leg$3.6M
Variational Omni RENDERshort+0.0100%4h1.8432−0.153%$227K$277K
ApeX Omni RENDERUSDT+0.0100%1h1.8413−0.255%$46K$252K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.84600.000%$1.8M$3.9M50xas long as short
Extended RENDER-USD+0.0104%1h1.8466+0.032%$26K$198K10xas long as short
Coinbase International RENDER-PERP-INTX+0.0168%1h1.8520+0.325%$151K$52K50xas long as short
Phoenix RENDER+0.0217%1h1.8486+0.141%$47K$297K5xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0365% / S −0.0912%1h1.8454−0.034%$15K100xas long as short
Kraken Futures PF_RENDERUSD+0.0666%1h1.8490+0.164%$489K$1.1M50xas long as short
Hyperliquid RENDER+0.0841%1h1.8489+0.157%$4.2M$3.2M5xas long as short