Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.054%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$740.744% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now +0.054%, 7d avg +0.078%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.024% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RENDER-USDT | 1.8620 | 0.0100 | pay 0.0050% / 4h | 2h 41m | — | $4.3M | — |
| Short | KuCoin RENDERUSDTM | 1.8630 | 0.0100 | get 0.0050% / 4h | 2h 41m | $5.2M | $13.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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: +0.054% → +0.078%
- −$2.42
- Slippage, 4 orders
- −$52.4
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$76.82
- Costs to cover
- 0.744%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 3 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 BingX live order book, 9 min ago | 2.69 bp | 9.7 bp −$10 | 15.3 bp −$153 | 45.9 bp −$4,591 | 582.3 bp −$291.1K |
| Sell KuCoin live order book, 3 min ago | 5.37 bp | 21.1 bp −$21 | 63.6 bp −$636 | 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 | 1.8620 | 0.000% | $6K | $141K | 12x | as long as short |
| Variational Omni RENDER | −0.0246% | 4h | 1.8580 | −0.214% | $223K | $255K | — | as long as short |
| Bybit RENDERUSDT | −0.0191% | 4h | 1.8620 | 0.000% | $12.2M | $14.6M | 50x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.0018% | 1h | 1.8643 | +0.124% | $11K | $33K | 25x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8613 | −0.038% | $19K | $21K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8640 | +0.107% | $271K | $189K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8640 | +0.107% | $12.4M | $49.1M | 75x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8640 | +0.107% | $3.2M | $8.8M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8619 | −0.005% | $545K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8630 | +0.054% | $12.0M | $10.2M | 200x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RENDERUSDTMshort | +0.0100% | 4h | 1.8630 | +0.054% | $5.2M | $13.0M | 50x | |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8639 | +0.102% | $10.0M | $10.3M | 50x | as long as short |
| BingX RENDER-USDTlong | +0.0100% | 4h | 1.8620 | long leg | — | $4.3M | — | |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8618 | −0.011% | $44K | $265K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8620 | 0.000% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8637 | +0.093% | $31K | $178K | 10x | as long as short |
| Phoenix RENDER | +0.0173% | 1h | 1.8635 | +0.081% | $40K | $336K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8640 | +0.107% | $604K | $1.4M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0341% / S −0.0785% | 1h | 1.8641 | +0.114% | $14K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0520% | 1h | 1.8570 | −0.269% | $153K | $68K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0745% | 1h | 1.8666 | +0.246% | $488K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0996% | 1h | 1.8673 | +0.285% | $4.3M | $4.3M | 5x | as long as short |
BingX RENDER-USDT
KuCoin RENDERUSDTM
Injective RENDER/USDC PERP
Variational Omni RENDER
Bybit RENDERUSDT
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
Bitget RENDERUSDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER