Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: ApeX Omni against Extended+0.368%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$790.794% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.368%, 7d avg +0.053%
=Together, before fees−0.069%+ Points / potential airdropExtended: Active · farm board−$7 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: ApeX Omni is 0.315% dearer against Extended than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended RENDER-USD | 1.8383 | 0.0104 | pay 0.0013% / 1h | 44m 54s | $26K | $200K | 10x |
| Short | ApeX Omni RENDERUSDT | 1.8451 | 0.0100 | get 0.0013% / 1h | 44m 54s | $41K | $253K | 50x |
Extended RENDER-USD
ApeX Omni RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Extended. 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
- −$0.84
- Price spread: +0.368% → +0.053%
- $31.53
- Slippage, 4 orders
- −$64.36
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$48.67
- Costs to cover
- 0.794%
- Break-even
- never at this rate
Slippage from Extended: live order book, 12 min ago; ApeX Omni: live order book, 12 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 Extended live order book, 12 min ago | 10.68 bp | 24.6 bp −$25 | 177.2 bp −$1,772 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 12 min ago | 8.02 bp | 15.5 bp −$15 | 125.0 bp −$1,250 | 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 | −0.0223% | 1h | 1.8440 | +0.308% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8387 | +0.018% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8370 | −0.072% | $10K | $30K | 25x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8388 | +0.024% | $12.2M | $47.1M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8375 | −0.045% | $11.7M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8390 | +0.036% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8370 | −0.072% | $546K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8400 | +0.091% | $12.6M | $11.2M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8390 | +0.036% | $5.0M | $11.8M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8386 | +0.015% | $10.0M | $10.8M | 50x | as long as short |
Injective RENDER/USDC PERP
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | +0.0100% | 4h | 1.8390 | +0.036% | — | $3.6M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8427 | +0.235% | $262K | $313K | — | as long as short |
| ApeX Omni RENDERUSDTshort | +0.0100% | 1h | 1.8451 | +0.368% | $41K | $253K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8370 | −0.072% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USDlong | +0.0104% | 1h | 1.8383 | long leg | $26K | $200K | 10x | |
| Phoenix RENDER | +0.0299% | 1h | 1.8413 | +0.161% | $47K | $315K | 5x | as long as short |
| Aster RENDERUSDT | +0.0307% | 4h | 1.8372 | −0.062% | $266K | $148K | 20x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8390 | +0.036% | $581K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0367% / S −0.0927% | 1h | 1.8362 | −0.115% | $16K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0554% | 1h | 1.8403 | +0.105% | $4.2M | $3.2M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8450 | +0.363% | $151K | $56K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1279% | 1h | 1.8386 | +0.016% | $478K | $1.1M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
Phemex RENDERUSDT
Phoenix RENDER
Aster RENDERUSDT
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD