Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.044%
Price spread now: Variational Omni against Bitget−0.325%7-day average −0.135% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)+0.441%+$44 · spread now −0.325%, 7d avg −0.135%
=Together, before fees+0.345%+ Points / potential airdropVariational Omni: Active · farm board+$35 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: Variational Omni is 0.190% cheaper against Bitget than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.135%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RENDERUSDT | 1.8938 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $10.4M | $10.7M | 50x |
| Short | Variational Omni RENDER | 1.8877 | 0.0100 | get 0.0050% / 4h | 1h 19m | $269K | $313K | — |
Bitget RENDERUSDT
Variational Omni RENDERFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bitget. 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: −0.325% → −0.135%
- −$18.99
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$30.99
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 4 min ago; Variational Omni: RFQ quote, 45 min ago. Net counts fees only.
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 Bitget live order book, 4 min ago | 0.53 bp | 19.2 bp −$19 | 32.2 bp −$322 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 45 min ago | 5.45 bp | doesn't fit | 39.0 bp −$390 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX RENDER-USD | 0.0000% | 1h | 1.8896 | −0.221% | $19K | $21K | 5x | as long as short |
| Injective RENDER/USDC PERP | +0.0036% | 1h | 1.8880 | −0.306% | $6K | $188K | 12x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8930 | −0.042% | $12.6M | $46.9M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8920 | −0.095% | $12.1M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8940 | +0.011% | $3.2M | $8.4M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8916 | −0.116% | $584K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8930 | −0.042% | $14.1M | $11.1M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8930 | −0.042% | $5.2M | $11.9M | 50x | as long as short |
| Bitget RENDERUSDTlong | +0.0100% | 4h | 1.8938 | long leg | $10.4M | $10.7M | 50x | |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8930 | −0.042% | — | $3.6M | — | as long as short |
dYdX RENDER-USD
Injective RENDER/USDC PERP
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
BingX RENDER-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RENDERshort | +0.0100% | 4h | 1.8877 | −0.325% | $269K | $313K | — | |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8892 | −0.243% | $43K | $254K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8920 | −0.095% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8934 | −0.022% | $28K | $198K | 10x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | +0.0120% | 1h | 1.8930 | −0.042% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0233% | 4h | 1.8968 | +0.160% | $275K | $145K | 20x | as long as short |
| Phoenix RENDER | +0.0259% | 1h | 1.8991 | +0.280% | $49K | $246K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8920 | −0.095% | $591K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0369% / S −0.0912% | 1h | 1.8925 | −0.071% | $16K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0456% | 1h | 1.9130 | +1.014% | $157K | $58K | 50x | as long as short |
| Hyperliquid RENDER | +0.0880% | 1h | 1.8961 | +0.121% | $4.3M | $3.2M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1412% | 1h | 1.8950 | +0.064% | $490K | $1.1M | 50x | as long as short |
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD