Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: ApeX Omni against Extended+1.230%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs+$39as in the Price arb table
costs, in and out, $10k−$780.785% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 3 days (all we have)−1.087%−$109 · spread now +1.230%, 7d avg +0.052%
=Together, before fees−1.048%+ Points / potential airdropExtended: Active · farm board−$105 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: ApeX Omni is 1.179% dearer against Extended than usual: you sell high and buy low, +$118 on $10k if it goes back to its 7-day average of +0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended RENDER-USD | 1.8640 | 0.0104 | pay 0.0013% / 1h | 11m 29s | $29K | $205K | 10x |
| Short | ApeX Omni RENDERUSDT | 1.8869 | 0.0100 | get 0.0013% / 1h | 11m 29s | $47K | $269K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Extended. 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: +1.230% → +0.052%
- $117.86
- Slippage, 4 orders
- −$63.49
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $38.53
- Costs to cover
- 0.785%
- Break-even
- from the start
Slippage from Extended: live order book, 60 min ago; ApeX Omni: live order book, 60 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 Extended live order book, 60 min ago | 14.19 bp | 25.2 bp −$25 | 172.6 bp −$1,726 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 60 min ago | 5.90 bp | 13.0 bp −$13 | 109.1 bp −$1,091 | 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 | +1.075% | $6K | $188K | 12x | as long as short |
| Coinbase International RENDER-PERP-INTX | −0.0040% | 1h | 1.8830 | +1.021% | $155K | $65K | 50x | as long as short |
| Variational Omni RENDER | −0.0011% | 4h | 1.8797 | +0.845% | $231K | $280K | — | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8647 | +0.039% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8642 | +0.013% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8655 | +0.083% | $269K | $146K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8650 | +0.056% | $12.5M | $46.1M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8628 | −0.062% | $12.1M | $13.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8660 | +0.109% | $3.2M | $8.2M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8642 | +0.013% | $527K | $1.1M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8640 | +0.002% | $11.9M | $10.9M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8640 | +0.002% | $5.2M | $12.0M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8648 | +0.045% | $10.0M | $10.5M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8640 | +0.002% | — | $3.9M | — | as long as short |
| ApeX Omni RENDERUSDTshort | +0.0100% | 1h | 1.8869 | +1.230% | $47K | $269K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8660 | +0.109% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USDlong | +0.0104% | 1h | 1.8640 | long leg | $29K | $205K | 10x | |
| Phoenix RENDER | +0.0171% | 1h | 1.8727 | +0.469% | $48K | $324K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8700 | +0.324% | $594K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0365% / S −0.0912% | 1h | 1.8650 | +0.054% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0405% | 1h | 1.8674 | +0.187% | $479K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0845% | 1h | 1.8686 | +0.249% | $4.3M | $3.4M | 5x | as long as short |
Extended RENDER-USD
ApeX Omni RENDERUSDT
Injective RENDER/USDC PERP
Coinbase International RENDER-PERP-INTX
Variational Omni RENDER
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
Phemex RENDERUSDT
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER