Funding you earn now, next payment 20:00 UTC−0.0240%/8hpaid last 24h −0.072%
Price spread now: ApeX Omni against BloFin−0.333%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$610.609% of the position
Funding, last 7 days−0.434%−$43 on $10k
+Price spread, last 3 days (all we have)+0.488%+$49 · spread now −0.333%, 7d avg +0.004%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and ApeX Omni is 0.337% cheaper against BloFin than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RENDER-USDT | 1.8000 | 0.0340 | pay 0.0170% / 4h | 6m 42s | $577K | $1.2M | 90x |
| Short | ApeX Omni RENDERUSDT | 1.7940 | 0.0100 | get 0.0013% / 1h | 6m 42s | $43K | $260K | 50x |
BloFin RENDER-USDT
ApeX Omni RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BloFin. 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
- −$50.4
- Price spread: −0.333% → +0.004%
- −$33.74
- Slippage, 4 orders
- −$38.86
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$145
- Costs to cover
- 0.609%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; ApeX Omni: live order book, 24 min ago.
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 BloFin live order book, 5 min ago | 8.37 bp | 14.4 bp −$14 | 22.9 bp −$229 | 78.8 bp −$7,879 | doesn't fit |
| Sell ApeX Omni live order book, 24 min ago | 6.45 bp | 13.6 bp −$14 | 116.9 bp −$1,169 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RENDER/USDC PERP | −0.0619% | 1h | 1.7890 | −0.611% | $5K | $91K | 12x | as long as short |
| Variational Omni RENDER | −0.0097% | 4h | 1.7895 | −0.584% | $215K | $255K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.7987 | −0.072% | $18K | $22K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.7990 | −0.056% | $10K | $127K | 25x | as long as short |
| Phoenix RENDER | +0.0089% | 1h | 1.7985 | −0.083% | $39K | $338K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.7996 | −0.020% | $258K | $176K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.7979 | −0.114% | $11.7M | $47.9M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.7950 | −0.278% | $11.7M | $14.4M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.7980 | −0.111% | $3.1M | $8.3M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.7980 | −0.111% | $523K | $1.1M | 50x | as long as short |
Injective RENDER/USDC PERP
Variational Omni RENDER
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Phoenix RENDER
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC RENDER_USDT | +0.0100% | 4h | 1.7970 | −0.167% | $10.7M | $9.8M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.7970 | −0.167% | $4.6M | $13.0M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.7977 | −0.128% | $9.5M | $10.2M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.7980 | −0.111% | — | $4.1M | — | as long as short |
| ApeX Omni RENDERUSDTshort | +0.0100% | 1h | 1.7940 | −0.333% | $43K | $260K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.7990 | −0.056% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.7971 | −0.162% | $30K | $179K | 10x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0286% | 1h | 1.8017 | +0.093% | $461K | $1.1M | 50x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0334% / S −0.0778% | 1h | 1.7992 | −0.045% | $13K | — | 100x | as long as short |
| BloFin RENDER-USDTlong | +0.0340% | 4h | 1.8000 | long leg | $577K | $1.2M | 90x | |
| Coinbase International RENDER-PERP-INTX | +0.0464% | 1h | 1.8010 | +0.056% | $154K | $53K | 50x | as long as short |
| Hyperliquid RENDER | +0.1016% | 1h | 1.8019 | +0.106% | $4.0M | $4.2M | 5x | as long as short |
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
Phemex RENDERUSDT
Extended RENDER-USD
Kraken Futures PF_RENDERUSD
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER