Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.036%
Price spread now: Bybit against Variational Omni+0.100%7-day average +0.020% · 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)+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)−0.362%−$36 · spread now +0.100%, 7d avg +0.020%
=Together, before fees−0.283%+ Points / potential airdropVariational Omni: Active · farm board−$28 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: Bybit is 0.079% dearer against Variational Omni than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni RENDER | 1.8292 | 0.0100 | pay 0.0050% / 4h | 30m 52s | $261K | $313K | — |
| Short | Bybit RENDERUSDT | 1.8310 | 0.0100 | get 0.0050% / 4h | 30m 52s | $11.7M | $13.3M | 50x |
Variational Omni RENDER
Bybit RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.100% → +0.020%
- $7.92
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$3.08
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 28 min ago; Bybit: 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, 28 min ago | 5.41 bp | doesn't fit | 38.9 bp −$389 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.73 bp | 13.6 bp −$14 | 40.1 bp −$401 | 265.6 bp −$26.6K | 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 | −0.0223% | 1h | 1.8200 | −0.502% | $6K | $188K | 12x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8301 | +0.050% | $10K | $30K | 25x | as long as short |
| dYdX RENDER-USD | +0.0084% | 1h | 1.8319 | +0.149% | $19K | $23K | 5x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8322 | +0.163% | $12.1M | $47.4M | 75x | as long as short |
| Bybit RENDERUSDTshort | +0.0100% | 4h | 1.8310 | +0.100% | $11.7M | $13.3M | 50x | |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8330 | +0.209% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8316 | +0.132% | $548K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8320 | +0.154% | $12.5M | $11.3M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8330 | +0.209% | $4.9M | $11.7M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8340 | +0.264% | $10.0M | $10.9M | 50x | as long as short |
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Binance RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC 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 | 1.8320 | +0.154% | — | $3.6M | — | as long as short |
| Variational Omni RENDERlong | +0.0100% | 4h | 1.8292 | long leg | $261K | $313K | — | |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8345 | +0.291% | $41K | $252K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8320 | +0.154% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8322 | +0.166% | $26K | $200K | 10x | as long as short |
| Aster RENDERUSDT | +0.0256% | 4h | 1.8326 | +0.187% | $266K | $151K | 20x | as long as short |
| Phoenix RENDER | +0.0299% | 1h | 1.8343 | +0.280% | $47K | $315K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8330 | +0.209% | $581K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0363% / S −0.0927% | 1h | 1.8299 | +0.041% | $15K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0494% | 1h | 1.8340 | +0.264% | $4.1M | $3.3M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0720% | 1h | 1.8450 | +0.865% | $151K | $55K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1283% | 1h | 1.8331 | +0.213% | $477K | $1.1M | 50x | as long as short |
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Aster RENDERUSDT
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD