Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against BingX−0.038%83s7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as 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−$620.617% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)+0.361%+$36 · spread now −0.038%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.086% cheaper against BingX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.048%. The two prices were read 83 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 | BingX RENDER-USDT | 1.8450 | 0.0100 | pay 0.0050% / 4h | 3h 59m | — | $3.4M | — |
| Short | ApeX Omni RENDERUSDT | 1.8443 | 0.0100 | get 0.0013% / 1h | 59m 58s | $41K | $251K | 50x |
BingX RENDER-USDT
ApeX Omni RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BingX. 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: −0.038% → +0.048%
- −$8.61
- Slippage, 4 orders
- −$41.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$70.33
- Costs to cover
- 0.617%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; ApeX Omni: live order book, 57 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 BingX live order book, 10 min ago | 5.43 bp | 15.2 bp −$15 | 19.5 bp −$195 | 71.2 bp −$7,119 | 777.8 bp −$388.9K |
| Sell ApeX Omni live order book, 57 min ago | 8.02 bp | 15.5 bp −$15 | 125.0 bp −$1,250 | 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 | 1.8530 | +0.434% | $12K | $194K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8458 | +0.043% | $12K | $31K | 25x | as long as short |
| dYdX RENDER-USD | +0.0052% | 1h | 1.8456 | +0.034% | $19K | $23K | 5x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8451 | +0.007% | $12.1M | $47.3M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8437 | −0.070% | $11.8M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8480 | +0.163% | $3.1M | $8.2M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8453 | +0.016% | $547K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8450 | 0.000% | $12.5M | $11.3M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8460 | +0.054% | $4.9M | $11.5M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8473 | +0.125% | $10.0M | $10.8M | 50x | as long as short |
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
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-USDTlong | +0.0100% | 4h | 1.8450 | long leg | — | $3.4M | — | |
| Variational Omni RENDER | +0.0100% | 4h | 1.8437 | −0.072% | $263K | $313K | — | as long as short |
| ApeX Omni RENDERUSDTshort | +0.0100% | 1h | 1.8443 | −0.038% | $41K | $251K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8450 | 0.000% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8446 | −0.022% | $30K | $205K | 10x | as long as short |
| Aster RENDERUSDT | +0.0139% | 4h | 1.8455 | +0.027% | $270K | $153K | 20x | as long as short |
| Phoenix RENDER | +0.0299% | 1h | 1.8449 | −0.005% | $47K | $315K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8440 | −0.054% | $572K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0364% / S −0.0907% | 1h | 1.8444 | −0.032% | $15K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0582% | 1h | 1.8472 | +0.119% | $4.2M | $3.3M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8430 | −0.108% | $153K | $59K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1273% | 1h | 1.8476 | +0.143% | $481K | $1.1M | 50x | as long as short |
Variational Omni RENDER
Phemex RENDERUSDT
Extended RENDER-USD
Aster RENDERUSDT
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD