Settings8H · net · $10k
Funding arb · Price arb /

RENDER

all RENDER markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against ApeX Omni+0.146%113s7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$620.617% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.057%+$6 on $10k
Price spread, last 4 days (all we have)−0.470%−$47 · spread now +0.146%, 7d avg −0.048%
Together, before fees−0.413%−$41 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: BingX is 0.195% dearer against ApeX Omni than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.048%. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni RENDERUSDT1.84430.0100pay 0.0013% / 1h59m 41s$41K$251K50x
ShortBingX RENDER-USDT1.84700.0100get 0.0050% / 4h3h 59m$3.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.146% → −0.048%
$19.46
Slippage, 4 orders
−$41.72
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$42.26
Costs to cover
0.617%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 57 min ago; BingX: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 57 min ago8.02 bp16.2 bp −$16111.5 bp −$1,115doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago5.43 bp14.8 bp −$1522.4 bp −$22463.3 bp −$6,331doesn't fit

RENDER on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective RENDER/USDC PERP−0.0223%1h1.8530+0.472%$12K$194K12xas long as short
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.8458+0.081%$12K$31K25xas long as short
dYdX RENDER-USD+0.0052%1h1.8456+0.072%$19K$23K5xas long as short
Binance RENDERUSDT+0.0100%4h1.8466+0.127%$12.1M$47.2M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.8450+0.038%$11.8M$13.2M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.8480+0.201%$3.1M$8.2M20xas long as short
Gate RENDER_USDT+0.0100%4h1.8461+0.098%$547K$1.2M50xas long as short
MEXC RENDER_USDT+0.0100%4h1.8460+0.092%$12.5M$11.1M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h1.8480+0.201%$4.9M$11.5M50xas long as short
Bitget RENDERUSDT+0.0100%4h1.8475+0.174%$10.0M$10.8M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RENDER-USDTshort+0.0100%4h1.8470+0.146%$3.4M
Variational Omni RENDER+0.0100%4h1.8437−0.034%$263K$313Kas long as short
ApeX Omni RENDERUSDTlong+0.0100%1h1.8443long leg$41K$251K50x
Phemex RENDERUSDT+0.0100%8h1.8450+0.038%$1.8M$4.0M50xas long as short
Extended RENDER-USD+0.0104%1h1.8461+0.098%$30K$205K10xas long as short
Aster RENDERUSDT+0.0134%4h1.8465+0.120%$270K$153K20xas long as short
Phoenix RENDER+0.0299%1h1.8449+0.033%$47K$315K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.8440−0.016%$572K$1.1M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0364% / S −0.0907%1h1.8444+0.006%$15K100xas long as short
Hyperliquid RENDER+0.0367%1h1.8481+0.206%$4.2M$3.3M5xas long as short
Coinbase International RENDER-PERP-INTX+0.0720%1h1.8430−0.070%$153K$59K50xas long as short
Kraken Futures PF_RENDERUSD+0.1273%1h1.8476+0.181%$481K$1.1M50xas long as short