Funding you earn now, next payment 00:00 UTC−0.0415%/8h= −45.5% APRnext payment −$2.08 per $10,000 · paid last 24h −0.125%
Price spread now: Variational Omni against BloFin−0.574%7-day average −0.131% · 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)−0.316%−$32 on $10k
+Price spread, last 3 days (all we have)+0.592%+$59 · spread now −0.574%, 7d avg −0.131%
=Together, before fees+0.276%+ Points / potential airdropVariational Omni: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Variational Omni is 0.443% cheaper against BloFin than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of −0.131%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RENDER-USDT | 1.8740 | 0.0340 | pay 0.0170% / 4h | 4m 34s | $595K | $1.3M | 90x |
| Short | Variational Omni RENDER | 1.8632 | −0.0075 | pay 0.0038% / 4h | 4m 34s | $229K | $293K | — |
BloFin RENDER-USDT
Variational Omni RENDERFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- −$87.17
- Price spread: −0.574% → −0.131%
- −$44.3
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$143.47
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 3 min ago; Variational Omni: RFQ quote, 9 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 BloFin live order book, 3 min ago | 5.35 bp | 11.3 bp −$11 | 18.3 bp −$183 | 60.9 bp −$6,088 | doesn't fit |
| Sell Variational Omni RFQ quote, 9 min ago | 5.44 bp | doesn't fit | 39.2 bp −$392 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RENDERshort | −0.0075% | 4h | 1.8632 | −0.574% | $229K | $293K | — | |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8727 | −0.067% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8732 | −0.043% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8733 | −0.036% | $270K | $164K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8739 | −0.003% | $12.5M | $46.9M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8720 | −0.107% | $12.1M | $13.3M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8750 | +0.053% | $3.2M | $8.4M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8729 | −0.059% | $540K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8730 | −0.053% | $12.1M | $10.7M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8710 | −0.160% | $5.2M | $12.2M | 50x | as long as short |
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTMShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8737 | −0.016% | $10.0M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8740 | 0.000% | — | $4.1M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8705 | −0.187% | $45K | $268K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8700 | −0.213% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8734 | −0.034% | $31K | $178K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0110% | 1h | 1.8670 | −0.374% | $6K | $187K | 12x | as long as short |
| Phoenix RENDER | +0.0173% | 1h | 1.8720 | −0.107% | $48K | $333K | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0256% | 1h | 1.8650 | −0.480% | $154K | $64K | 50x | as long as short |
| BloFin RENDER-USDTlong | +0.0340% | 4h | 1.8740 | long leg | $595K | $1.3M | 90x | |
| GMX RENDER/USD [ETH-USDC] | L +0.0366% / S −0.0912% | 1h | 1.8729 | −0.057% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0591% | 1h | 1.8751 | +0.056% | $481K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.1371% | 1h | 1.8773 | +0.176% | $4.4M | $3.4M | 5x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Injective RENDER/USDC PERP
Phoenix RENDER
Coinbase International RENDER-PERP-INTX
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER