Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against OKX+0.044%70s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as 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−$620.615% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 3 days (all we have)+0.130%+$13 · spread now +0.044%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.030% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.014%. The two prices were read 70 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 | OKX RENDER-USDT-SWAP | 1.8370 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $3.1M | $8.4M | 20x |
| Short | ApeX Omni RENDERUSDT | 1.8378 | 0.0100 | get 0.0013% / 1h | 30m 18s | $43K | $267K | 50x |
OKX RENDER-USDT-SWAP
ApeX Omni RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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: +0.044% → +0.014%
- $2.96
- Slippage, 4 orders
- −$41.55
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$58.59
- Costs to cover
- 0.615%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; ApeX Omni: live order book, 52 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 OKX live order book, 3 min ago | 2.72 bp | 17.9 bp −$18 | 49.7 bp −$497 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 52 min ago | 6.93 bp | 15.2 bp −$15 | 118.3 bp −$1,183 | 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 | −0.0576% | 1h | 1.8390 | +0.109% | $6K | $187K | 12x | as long as short |
| Variational Omni RENDER | −0.0300% | 4h | 1.8383 | +0.069% | $221K | $296K | — | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.0022% | 1h | 1.8384 | +0.076% | $10K | $30K | 25x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8390 | +0.109% | $19K | $21K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8388 | +0.098% | $263K | $172K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8370 | −0.001% | $12.1M | $48.1M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8347 | −0.125% | $11.9M | $13.9M | 50x | as long as short |
| OKX RENDER-USDT-SWAPlong | +0.0100% | 4h | 1.8370 | long leg | $3.1M | $8.4M | 20x | |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8360 | −0.054% | $534K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8360 | −0.054% | $11.8M | $10.5M | 200x | as long as short |
Injective RENDER/USDC PERP
Variational Omni RENDER
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
Gate RENDER_USDT
MEXC RENDER_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8360 | −0.054% | $4.9M | $12.8M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8372 | +0.011% | $9.8M | $10.4M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8360 | −0.054% | — | $4.3M | — | as long as short |
| ApeX Omni RENDERUSDTshort | +0.0100% | 1h | 1.8378 | +0.044% | $43K | $267K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8390 | +0.109% | $1.8M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8366 | −0.019% | $31K | $178K | 10x | as long as short |
| Phoenix RENDER | +0.0131% | 1h | 1.8378 | +0.044% | $40K | $325K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8410 | +0.218% | $593K | $1.3M | 90x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0352% | 1h | 1.8670 | +1.633% | $154K | $67K | 50x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0361% / S −0.0904% | 1h | 1.8372 | +0.013% | $15K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0581% | 1h | 1.8412 | +0.227% | $466K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0638% | 1h | 1.8396 | +0.142% | $4.2M | $3.6M | 5x | as long as short |
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
Coinbase International RENDER-PERP-INTX
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER