Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.044%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$790.785% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 7 days+0.183%+$18 · spread now −0.044%, 7d avg +0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.075% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RENDERUSDT | 1.8078 | 0.0100 | pay 0.0050% / 4h | 43m 36s | $9.8M | $10.7M | 50x |
| Short | KuCoin RENDERUSDTM | 1.8070 | 0.0100 | get 0.0050% / 4h | 43m 36s | $4.8M | $10.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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: −0.044% → +0.031%
- −$7.52
- Slippage, 4 orders
- −$54.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$86.05
- Costs to cover
- 0.785%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 5 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 Bitget live order book, 5 min ago | 1.93 bp | 18.0 bp −$18 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.76 bp | 26.0 bp −$26 | 57.8 bp −$578 | 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 | −0.0131% | 1h | 1.8070 | −0.044% | $11K | $194K | 12x | as long as short |
| dYdX RENDER-USD | +0.0014% | 1h | 1.8066 | −0.064% | $18K | $22K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | +0.0082% | 1h | 1.8073 | −0.028% | $18K | $37K | 25x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8077 | −0.005% | $11.7M | $46.2M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8070 | −0.044% | $11.8M | $12.7M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8090 | +0.066% | $3.1M | $8.2M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8051 | −0.149% | $516K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8060 | −0.100% | $11.0M | $11.7M | 200x | as long as short |
| KuCoin RENDERUSDTMshort | +0.0100% | 4h | 1.8070 | −0.044% | $4.8M | $10.2M | 50x | |
| Bitget RENDERUSDTlong | +0.0100% | 4h | 1.8078 | long leg | $9.8M | $10.7M | 50x |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | +0.0100% | 4h | 1.8070 | −0.044% | — | $5.1M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8071 | −0.036% | $256K | $314K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8064 | −0.077% | $40K | $251K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8060 | −0.100% | $1.8M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8065 | −0.072% | $25K | $214K | 10x | as long as short |
| Aster RENDERUSDT | +0.0162% | 4h | 1.8081 | +0.014% | $277K | $189K | 20x | as long as short |
| Phoenix RENDER | +0.0266% | 1h | 1.8050 | −0.155% | $46K | $339K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8070 | −0.044% | $604K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0361% / S −0.0906% | 1h | 1.8061 | −0.096% | $15K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0426% | 1h | 1.8086 | +0.044% | $4.1M | $3.4M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0512% | 1h | 1.8060 | −0.100% | $149K | $61K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0734% | 1h | 1.8072 | −0.035% | $423K | $1.4M | 50x | as long as short |
Bitget RENDERUSDT
KuCoin RENDERUSDTM
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
BingX RENDER-USDT
Variational Omni RENDER
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