Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Phemex+0.161%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$960.956% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 3 days (all we have)+0.084%+$8 · spread now +0.161%, 7d avg +0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.125% dearer against Phemex than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex RENDERUSDT | 1.8580 | 0.0100 | pay 0.0100% / 8h | 42m 38s | $1.9M | $4.0M | 50x |
| Short | ApeX Omni RENDERUSDT | 1.8610 | 0.0100 | get 0.0013% / 1h | 42m 38s | $43K | $266K | 50x |
Phemex RENDERUSDT
ApeX Omni RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phemex. 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: +0.161% → +0.037%
- $12.47
- Slippage, 4 orders
- −$73.6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$83.13
- Costs to cover
- 0.956%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 6 min ago; ApeX Omni: live order book, 34 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 Phemex live order book, 6 min ago | 8.05 bp | 34.6 bp −$35 | 95.6 bp −$956 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 34 min ago | 9.49 bp | 17.1 bp −$17 | 138.6 bp −$1,386 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RENDER | −0.0089% | 4h | 1.8603 | +0.122% | $225K | $296K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8568 | −0.067% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8582 | +0.011% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8596 | +0.084% | $268K | $166K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8575 | −0.028% | $12.4M | $47.1M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8555 | −0.135% | $12.0M | $13.5M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8560 | −0.108% | $3.1M | $8.4M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8573 | −0.038% | $537K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8570 | −0.054% | $12.4M | $10.5M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8560 | −0.108% | $5.1M | $12.5M | 50x | as long as short |
Variational Omni RENDER
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTMShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8573 | −0.038% | $10.0M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8580 | 0.000% | — | $4.2M | — | as long as short |
| ApeX Omni RENDERUSDTshort | +0.0100% | 1h | 1.8610 | +0.161% | $43K | $266K | 50x | |
| Phemex RENDERUSDTlong | +0.0100% | 8h | 1.8580 | long leg | $1.9M | $4.0M | 50x | |
| Extended RENDER-USD | +0.0104% | 1h | 1.8570 | −0.054% | $31K | $178K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0110% | 1h | 1.8580 | 0.000% | $6K | $187K | 12x | as long as short |
| Phoenix RENDER | +0.0173% | 1h | 1.8642 | +0.334% | $47K | $333K | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0256% | 1h | 1.8440 | −0.753% | $152K | $65K | 50x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8610 | +0.161% | $592K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0363% / S −0.0912% | 1h | 1.8581 | +0.008% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0596% | 1h | 1.8603 | +0.124% | $482K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.1816% | 1h | 1.8623 | +0.231% | $4.3M | $3.5M | 5x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
Extended RENDER-USD
Injective RENDER/USDC PERP
Phoenix RENDER
Coinbase International RENDER-PERP-INTX
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER