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: Extended against ApeX Omni−0.800%92s7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
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)+0.543%+$54 · spread now −0.800%, 7d avg −0.053%
=Together, before fees+0.500%+ Points / potential airdropExtended: Active · farm board+$50 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: Extended is 0.747% cheaper against ApeX Omni than usual: you would sell low and buy high, −$75 on $10k if it goes back to its 7-day average of −0.053%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni RENDERUSDT | 1.8596 | 0.0100 | pay 0.0013% / 1h | 49m 44s | $41K | $253K | 50x |
| Short | Extended RENDER-USD | 1.8447 | 0.0104 | get 0.0013% / 1h | 49m 44s | $26K | $200K | 10x |
ApeX Omni RENDERUSDT
Extended RENDER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 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: −0.800% → −0.053%
- −$74.69
- Slippage, 4 orders
- −$64.36
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$153.21
- Costs to cover
- 0.794%
- Break-even
- 1283.8 days
Slippage from ApeX Omni: live order book, 7 min ago; Extended: live order book, 7 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 ApeX Omni live order book, 7 min ago | 8.02 bp | 16.2 bp −$16 | 111.5 bp −$1,115 | doesn't fit | doesn't fit |
| Sell Extended live order book, 7 min ago | 10.68 bp | 23.1 bp −$23 | 92.1 bp −$921 | 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 | 1.8640 | +0.237% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8447 | −0.803% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8492 | −0.559% | $11K | $30K | 25x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8443 | −0.824% | $12.3M | $47.0M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8430 | −0.893% | $11.8M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8450 | −0.785% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8445 | −0.812% | $549K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8440 | −0.839% | $12.7M | $11.2M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8450 | −0.785% | $5.0M | $11.8M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8447 | −0.801% | $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 | 1.8450 | −0.785% | — | $3.6M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8492 | −0.561% | $263K | $313K | — | as long as short |
| ApeX Omni RENDERUSDTlong | +0.0100% | 1h | 1.8596 | long leg | $41K | $253K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8490 | −0.570% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USDshort | +0.0104% | 1h | 1.8447 | −0.800% | $26K | $200K | 10x | |
| Phoenix RENDER | +0.0299% | 1h | 1.8680 | +0.452% | $48K | $315K | 5x | as long as short |
| Aster RENDERUSDT | +0.0327% | 4h | 1.8454 | −0.764% | $267K | $147K | 20x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8550 | −0.247% | $586K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0365% / S −0.0912% | 1h | 1.8489 | −0.577% | $15K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0587% | 1h | 1.8487 | −0.586% | $4.2M | $3.2M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8450 | −0.785% | $151K | $56K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1270% | 1h | 1.8509 | −0.469% | $481K | $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