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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RENDER-USDT | 1.8460 | 0.0100 | pay 0.0050% / 4h | 2h 07m | — | $3.6M | — |
| Short | Variational Omni RENDER | 1.8432 | 0.0100 | get 0.0050% / 4h | 2h 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 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: −0.153% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 13 min ago | 5.43 bp | 14.6 bp −$15 | 22.0 bp −$220 | 55.8 bp −$5,584 | 883.7 bp −$441.8K |
| Sell Variational Omni RFQ quote, 62 min ago | 5.40 bp | doesn't fit | 42.2 bp −$422 | doesn't fit | doesn't fit |
RENDER on 21 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 | −0.0344% | 1h | 1.8400 | −0.325% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8471 | +0.059% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8464 | +0.022% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8464 | +0.024% | $266K | $141K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8460 | 0.000% | $12.2M | $45.3M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8456 | −0.022% | $11.8M | $12.7M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8480 | +0.108% | $3.1M | $8.0M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8463 | +0.016% | $567K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8460 | 0.000% | $11.0M | $10.9M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8470 | +0.054% | $4.9M | $11.9M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8464 | +0.022% | $9.9M | $10.5M | 50x | as long as short |
| BingX RENDER-USDTlong | +0.0100% | 4h | 1.8460 | long leg | — | $3.6M | — | |
| Variational Omni RENDERshort | +0.0100% | 4h | 1.8432 | −0.153% | $227K | $277K | — | |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8413 | −0.255% | $46K | $252K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8460 | 0.000% | $1.8M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8466 | +0.032% | $26K | $198K | 10x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0168% | 1h | 1.8520 | +0.325% | $151K | $52K | 50x | as long as short |
| Phoenix RENDER | +0.0217% | 1h | 1.8486 | +0.141% | $47K | $297K | 5x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0365% / S −0.0912% | 1h | 1.8454 | −0.034% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0666% | 1h | 1.8490 | +0.164% | $489K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0841% | 1h | 1.8489 | +0.157% | $4.2M | $3.2M | 5x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Coinbase International RENDER-PERP-INTX
Phoenix RENDER
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER