Funding you earn now, next payment 00:00 UTC+0.0193%/8h= +21.2% APRnext payment +$0.97 per $10,000 · paid last 24h +0.053%
Price spread now: BingX against Variational Omni+0.038%7-day average +0.088% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.088%+$9 on $10k
+Price spread, last 3 days (all we have)−0.055%−$6 · spread now +0.038%, 7d avg +0.088%
=Together, before fees+0.033%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.050% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.038% now, against its 7-day average of +0.088%). If the spread goes back, that is −$5 on $10k: about 21 hours of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.088% in total) that is about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni RENDER | 1.8543 | −0.0093 | get 0.0047% / 4h | 33m 17s | $224K | $296K | — |
| Short | BingX RENDER-USDT | 1.8550 | 0.0100 | get 0.0050% / 4h | 33m 17s | — | $4.2M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. 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
- $40.61
- Price spread: +0.038% → +0.088%
- −$5
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $25.61
- Costs to cover
- 0.100%
- Break-even
- 2.6 days
Slippage unknown: Variational Omni: RFQ quote, 46 min ago; BingX: live order book, 2 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 Variational Omni RFQ quote, 46 min ago | 5.43 bp | doesn't fit | 41.6 bp −$416 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 2.70 bp | 7.7 bp −$8 | 17.5 bp −$175 | 54.7 bp −$5,465 | 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 RENDERlong | −0.0093% | 4h | 1.8543 | long leg | $224K | $296K | — | |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8558 | +0.079% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8566 | +0.125% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8581 | +0.204% | $268K | $166K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8568 | +0.134% | $12.4M | $46.9M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8550 | +0.038% | $12.0M | $13.5M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8550 | +0.038% | $3.1M | $8.3M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8539 | −0.021% | $536K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8550 | +0.038% | $12.3M | $10.5M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8540 | −0.015% | $5.1M | $12.4M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8562 | +0.103% | $10.0M | $10.2M | 50x | as long as short |
| BingX RENDER-USDTshort | +0.0100% | 4h | 1.8550 | +0.038% | — | $4.2M | — | |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8545 | +0.012% | $43K | $266K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8570 | +0.146% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8556 | +0.073% | $31K | $178K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0110% | 1h | 1.8550 | +0.038% | $6K | $187K | 12x | as long as short |
| Phoenix RENDER | +0.0173% | 1h | 1.8562 | +0.103% | $47K | $333K | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0256% | 1h | 1.8440 | −0.555% | $152K | $65K | 50x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8550 | +0.038% | $594K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0364% / S −0.0912% | 1h | 1.8561 | +0.096% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0597% | 1h | 1.8581 | +0.206% | $481K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.1743% | 1h | 1.8608 | +0.351% | $4.3M | $3.5M | 5x | as long as short |
Variational Omni RENDER
BingX RENDER-USDT
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTM
Bitget RENDERUSDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Injective RENDER/USDC PERP
Phoenix RENDER
Coinbase International RENDER-PERP-INTX
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER