Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against ApeX Omni−1.214%90s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as 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−$650.649% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 3 days (all we have)+1.132%+$113 · spread now −1.214%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 1.199% cheaper against ApeX Omni than usual: you would sell low and buy high, −$120 on $10k if it goes back to its 7-day average of −0.015%. The two prices were read 90 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 | 1.8869 | 0.0100 | pay 0.0013% / 1h | 9m 56s | $47K | $269K | 50x |
| Short | OKX RENDER-USDT-SWAP | 1.8640 | 0.0100 | get 0.0050% / 4h | 3h 09m | $3.2M | $8.2M | 20x |
ApeX Omni RENDERUSDT
OKX RENDER-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- Price spread: −1.214% → −0.015%
- −$119.85
- Slippage, 4 orders
- −$44.88
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$184.73
- Costs to cover
- 0.649%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 62 min ago; OKX: live order book, 3 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, 62 min ago | 5.90 bp | 14.5 bp −$14 | 119.2 bp −$1,192 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.68 bp | 18.6 bp −$19 | 49.9 bp −$499 | 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 | −0.0213% | 1h | 1.8840 | −0.154% | $6K | $188K | 12x | as long as short |
| Coinbase International RENDER-PERP-INTX | −0.0040% | 1h | 1.8830 | −0.207% | $155K | $65K | 50x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.0018% | 1h | 1.8624 | −1.298% | $11K | $30K | 25x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8647 | −1.177% | $19K | $21K | 5x | as long as short |
| Variational Omni RENDER | +0.0021% | 4h | 1.8622 | −1.309% | $229K | $279K | — | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8642 | −1.204% | $269K | $146K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8633 | −1.250% | $12.5M | $46.1M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8605 | −1.399% | $12.1M | $13.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAPshort | +0.0100% | 4h | 1.8640 | −1.214% | $3.2M | $8.2M | 20x | |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8618 | −1.330% | $526K | $1.1M | 50x | as long as short |
Injective RENDER/USDC PERP
Coinbase International RENDER-PERP-INTX
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Variational Omni RENDER
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
Gate RENDER_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8630 | −1.267% | $11.9M | $10.9M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8620 | −1.320% | $5.3M | $12.0M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8637 | −1.230% | $10.0M | $10.5M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8640 | −1.214% | — | $3.9M | — | as long as short |
| ApeX Omni RENDERUSDTlong | +0.0100% | 1h | 1.8869 | long leg | $47K | $269K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8630 | −1.267% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8624 | −1.298% | $29K | $205K | 10x | as long as short |
| Phoenix RENDER | +0.0171% | 1h | 1.8727 | −0.753% | $48K | $324K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8660 | −1.108% | $593K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0365% / S −0.0912% | 1h | 1.8646 | −1.181% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0406% | 1h | 1.8642 | −1.202% | $478K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0856% | 1h | 1.8668 | −1.065% | $4.3M | $3.4M | 5x | as long as short |
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER