RENDER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0780%/8h= +85.4% APRpaid last 24h +0.160%

Price spread now: Kraken Futures against Variational Omni+0.188%7-day average +0.194% · you sell dearer than you buy

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)+0.590%+$59 on $10k

Price spread, last 3 days (all we have)−0.206%−$21 · spread now +0.188%, 7d avg +0.194%

Together, before fees+0.384%+ Points / potential airdropVariational Omni: Active · farm board+$38 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.194%, so right now this pair is about funding alone: +$23 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni RENDER	1.8577	−0.0184	get 0.0092% / 4h	52m 18s	$225K	$297K	—
Short	Kraken Futures PF_RENDERUSD	1.8612	0.0596	get 0.0074% / 1h	52m 18s	$482K	$1.1M	50x

Funding history

latest

Range statsloading…

Kraken Futures against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee Variational OmnibpFee Kraken FuturesbpOrdersPrice spread, now +0.188%Rate

Slippage unknown: Variational Omni: RFQ quote, 27 min ago; Kraken Futures: live order book, 1 min ago. Net counts fees only.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 27 min ago	5.43 bp	doesn't fit	41.6 bp −$416	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 1 min ago	5.09 bp	17.3 bp −$17	47.9 bp −$479	doesn't fit	doesn't fit

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 RENDERlong	−0.0184%	4h	1.8577	long leg	$225K	$297K	—
dYdX RENDER-USD	0.0000%	1h	1.8597	+0.103%	$19K	$21K	5x	as long as short
Deribit RENDER_USDC-PERPETUAL	0.0000%	1h	1.8591	+0.073%	$11K	$30K	25x	as long as short
Aster RENDERUSDT	+0.0100%	4h	1.8610	+0.175%	$269K	$173K	20x	as long as short
Binance RENDERUSDT	+0.0100%	4h	1.8601	+0.125%	$12.3M	$47.2M	75x	as long as short
Bybit RENDERUSDT	+0.0100%	4h	1.8578	+0.003%	$12.0M	$13.5M	50x	as long as short
OKX RENDER-USDT-SWAP	+0.0100%	4h	1.8590	+0.067%	$3.2M	$8.4M	20x	as long as short
Gate RENDER_USDT	+0.0100%	4h	1.8591	+0.073%	$538K	$1.1M	50x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	1.8610	+0.175%	$12.1M	$10.4M	200x	as long as short
KuCoin RENDERUSDTM	+0.0100%	4h	1.8590	+0.067%	$5.1M	$12.5M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget RENDERUSDT	+0.0100%	4h	1.8597	+0.105%	$10.0M	$10.3M	50x	as long as short
BingX RENDER-USDT	+0.0100%	4h	1.8590	+0.067%	—	$4.2M	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	1.8597	+0.105%	$43K	$266K	50x	as long as short
Phemex RENDERUSDT	+0.0100%	8h	1.8600	+0.121%	$1.9M	$3.9M	50x	as long as short
Extended RENDER-USD	+0.0104%	1h	1.8592	+0.080%	$31K	$178K	10x	as long as short
Injective RENDER/USDC PERP	+0.0110%	1h	1.8590	+0.067%	$6K	$187K	12x	as long as short
Phoenix RENDER	+0.0173%	1h	1.8617	+0.213%	$47K	$333K	5x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0256%	1h	1.8440	−0.740%	$152K	$65K	50x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	1.8620	+0.229%	$591K	$1.3M	90x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0363% / S −0.0912%	1h	1.8594	+0.086%	$16K	—	100x	as long as short
Kraken Futures PF_RENDERUSDshort	+0.0596%	1h	1.8612	+0.188%	$482K	$1.1M	50x
Hyperliquid RENDER	+0.1746%	1h	1.8652	+0.401%	$4.3M	$3.5M	5x	as long as short