Settings8H · net · $10k
Funding arb · Price arb /

RENDER

all RENDER markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RENDER1.8543−0.0093get 0.0047% / 4h33m 17s$224K$296K
ShortBingX RENDER-USDT1.85500.0100get 0.0050% / 4h33m 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 46 min ago5.43 bpdoesn't fit41.6 bp −$416doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago2.70 bp7.7 bp −$817.5 bp −$17554.7 bp −$5,465doesn't fit

RENDER on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RENDERlong−0.0093%4h1.8543long leg$224K$296K
dYdX RENDER-USD0.0000%1h1.8558+0.079%$19K$21K5xas long as short
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.8566+0.125%$11K$30K25xas long as short
Aster RENDERUSDT+0.0100%4h1.8581+0.204%$268K$166K20xas long as short
Binance RENDERUSDT+0.0100%4h1.8568+0.134%$12.4M$46.9M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.8550+0.038%$12.0M$13.5M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.8550+0.038%$3.1M$8.3M20xas long as short
Gate RENDER_USDT+0.0100%4h1.8539−0.021%$536K$1.1M50xas long as short
MEXC RENDER_USDT+0.0100%4h1.8550+0.038%$12.3M$10.5M200xas long as short
KuCoin RENDERUSDTM+0.0100%4h1.8540−0.015%$5.1M$12.4M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RENDERUSDT+0.0100%4h1.8562+0.103%$10.0M$10.2M50xas long as short
BingX RENDER-USDTshort+0.0100%4h1.8550+0.038%$4.2M
ApeX Omni RENDERUSDT+0.0100%1h1.8545+0.012%$43K$266K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.8570+0.146%$1.9M$3.9M50xas long as short
Extended RENDER-USD+0.0104%1h1.8556+0.073%$31K$178K10xas long as short
Injective RENDER/USDC PERP+0.0110%1h1.8550+0.038%$6K$187K12xas long as short
Phoenix RENDER+0.0173%1h1.8562+0.103%$47K$333K5xas long as short
Coinbase International RENDER-PERP-INTX+0.0256%1h1.8440−0.555%$152K$65K50xas long as short
BloFin RENDER-USDT+0.0340%4h1.8550+0.038%$594K$1.2M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0364% / S −0.0912%1h1.8561+0.096%$16K100xas long as short
Kraken Futures PF_RENDERUSD+0.0597%1h1.8581+0.206%$481K$1.1M50xas long as short
Hyperliquid RENDER+0.1743%1h1.8608+0.351%$4.3M$3.5M5xas long as short