Funding you earn now, next payment 22:00 UTC+0.0285%/8h= +31.3% APRpaid last 24h +0.054%
Price spread now: Extended against Variational Omni+0.231%7-day average +0.095% · 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)+0.092%+$9 on $10k
+Price spread, last 3 days (all we have)−0.382%−$38 · spread now +0.231%, 7d avg +0.095%
=Together, before fees−0.290%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board−$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Extended is 0.136% dearer against Variational Omni than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni RENDER | 1.8545 | −0.0181 | get 0.0091% / 4h | 2h 55m | $223K | $255K | — |
| Short | Extended RENDER-USD | 1.8588 | 0.0104 | get 0.0013% / 1h | 55m 33s | $31K | $178K | 10x |
Variational Omni RENDER
Extended RENDER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $59.94
- Price spread: +0.231% → +0.095%
- $13.56
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $68.51
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 33 min ago; Extended: live order book, 30 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, 33 min ago | 5.45 bp | doesn't fit | 40.8 bp −$408 | doesn't fit | doesn't fit |
| Sell Extended live order book, 30 min ago | 12.23 bp | 24.8 bp −$25 | 75.5 bp −$755 | 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 | −0.0440% | 1h | 1.8540 | −0.026% | $6K | $92K | 12x | as long as short |
| Variational Omni RENDERlong | −0.0181% | 4h | 1.8545 | long leg | $223K | $255K | — | |
| Bybit RENDERUSDT | −0.0073% | 4h | 1.8582 | +0.200% | $12.2M | $14.6M | 50x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.0019% | 1h | 1.8563 | +0.098% | $11K | $33K | 25x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8590 | +0.242% | $19K | $21K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8606 | +0.328% | $271K | $189K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8611 | +0.355% | $12.4M | $49.1M | 75x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8620 | +0.405% | $3.2M | $8.8M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8589 | +0.238% | $540K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8590 | +0.243% | $12.3M | $10.0M | 200x | as long as short |
Injective RENDER/USDC PERP
Bybit RENDERUSDT
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Aster RENDERUSDT
Binance RENDERUSDT
OKX RENDER-USDT-SWAP
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 | 1.8580 | +0.189% | $5.2M | $13.0M | 50x | as long as short |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8601 | +0.302% | $10.0M | $10.4M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8600 | +0.297% | — | $4.4M | — | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8540 | −0.026% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USDshort | +0.0104% | 1h | 1.8588 | +0.231% | $31K | $178K | 10x | |
| ApeX Omni RENDERUSDT | +0.0175% | 1h | 1.8562 | +0.092% | $44K | $259K | 50x | as long as short |
| Phoenix RENDER | +0.0220% | 1h | 1.8516 | −0.156% | $40K | $319K | 5x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0340% / S −0.0785% | 1h | 1.8563 | +0.096% | $14K | — | 100x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8530 | −0.080% | $598K | $1.4M | 90x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0520% | 1h | 1.8570 | +0.135% | $154K | $67K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0748% | 1h | 1.8598 | +0.287% | $487K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.1108% | 1h | 1.8619 | +0.400% | $4.3M | $4.3M | 5x | as long as short |
KuCoin RENDERUSDTM
Bitget RENDERUSDT
BingX RENDER-USDT
Phemex RENDERUSDT
ApeX Omni RENDERUSDT
Phoenix RENDER
GMX RENDER/USD [ETH-USDC]
BloFin RENDER-USDT
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER