Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.044%
Price spread now: Variational Omni against MEXC−0.351%7-day average −0.087% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)+0.368%+$37 · spread now −0.351%, 7d avg −0.087%
=Together, before fees+0.272%+ Points / potential airdropVariational Omni: Active · farm board+$27 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 0.264% cheaper against MEXC than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of −0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RENDER_USDT | 1.7930 | 0.0100 | pay 0.0050% / 4h | 2h 23m | $10.7M | $11.3M | 200x |
| Short | Variational Omni RENDER | 1.7867 | 0.0100 | get 0.0050% / 4h | 2h 23m | $253K | $314K | — |
MEXC RENDER_USDT
Variational Omni RENDERFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against MEXC. 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: −0.351% → −0.087%
- −$26.45
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$26.45
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 min ago; Variational Omni: RFQ quote, 26 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 MEXC live order book, 5 min ago | 2.79 bp | 7.6 bp −$8 | 15.6 bp −$156 | 56.4 bp −$5,644 | 212.5 bp −$106.3K |
| Sell Variational Omni RFQ quote, 26 min ago | 5.49 bp | doesn't fit | 32.7 bp −$327 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.7907 | −0.128% | $18K | $37K | 25x | as long as short |
| dYdX RENDER-USD | +0.0014% | 1h | 1.7930 | +0.002% | $18K | $32K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.7936 | +0.033% | $275K | $174K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.7942 | +0.068% | $11.7M | $47.7M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.7930 | 0.000% | $11.7M | $13.3M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.7950 | +0.112% | $3.1M | $8.2M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.7919 | −0.061% | $518K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDTlong | +0.0100% | 4h | 1.7930 | long leg | $10.7M | $11.3M | 200x | |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.7950 | +0.112% | $4.8M | $10.9M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.7934 | +0.022% | $9.7M | $10.8M | 50x | as long as short |
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate 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-USDT | +0.0100% | 4h | 1.7930 | 0.000% | — | $5.2M | — | as long as short |
| Variational Omni RENDERshort | +0.0100% | 4h | 1.7867 | −0.351% | $253K | $314K | — | |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.7860 | −0.390% | $39K | $250K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.7920 | −0.056% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.7935 | +0.029% | $26K | $194K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0235% | 1h | 1.7910 | −0.112% | $11K | $194K | 12x | as long as short |
| Phoenix RENDER | +0.0264% | 1h | 1.7870 | −0.335% | $46K | $334K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.7950 | +0.112% | $603K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0360% / S −0.0906% | 1h | 1.7903 | −0.150% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0584% | 1h | 1.7950 | +0.112% | $149K | $60K | 50x | as long as short |
| Hyperliquid RENDER | +0.0616% | 1h | 1.7942 | +0.067% | $4.0M | $3.3M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1250% | 1h | 1.7934 | +0.020% | $419K | $1.3M | 50x | as long as short |
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Injective RENDER/USDC PERP
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD