Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended+0.138%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1001.004% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.138%, 7d avg +0.046%
=Together, before fees−0.017%+ Points / potential airdropExtended: Active · farm board−$2 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: KuCoin is 0.092% dearer against Extended than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended RENDER-USD | 1.7915 | 0.0104 | pay 0.0013% / 1h | 39m 11s | $26K | $194K | 10x |
| Short | KuCoin RENDERUSDTM | 1.7940 | 0.0100 | get 0.0050% / 4h | 2h 39m | $4.8M | $11.0M | 50x |
Extended RENDER-USD
KuCoin RENDERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. 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
- −$0.84
- Price spread: +0.138% → +0.046%
- $9.17
- Slippage, 4 orders
- −$83.45
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$92.12
- Costs to cover
- 1.004%
- Break-even
- never at this rate
Slippage from Extended: live order book, 7 min ago; KuCoin: live order book, 4 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 Extended live order book, 7 min ago | 12.70 bp | 24.7 bp −$25 | 252.1 bp −$2,521 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.77 bp | 37.1 bp −$37 | 73.6 bp −$736 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.7919 | +0.020% | $18K | $37K | 25x | as long as short |
| dYdX RENDER-USD | +0.0025% | 1h | 1.7917 | +0.011% | $18K | $32K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.7940 | +0.139% | $263K | $166K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.7940 | +0.138% | $11.7M | $47.3M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.7916 | +0.004% | $11.5M | $13.1M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.7930 | +0.082% | $3.0M | $8.0M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.7923 | +0.043% | $519K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.7920 | +0.026% | $11.9M | $11.1M | 200x | as long as short |
| KuCoin RENDERUSDTMshort | +0.0100% | 4h | 1.7940 | +0.138% | $4.8M | $11.0M | 50x | |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.7930 | +0.082% | $9.6M | $10.7M | 50x | as long as short |
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
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 | 1.7930 | +0.082% | — | $5.2M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.7957 | +0.234% | $256K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.7984 | +0.383% | $39K | $250K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.7930 | +0.082% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USDlong | +0.0104% | 1h | 1.7915 | long leg | $26K | $194K | 10x | |
| Injective RENDER/USDC PERP | +0.0235% | 1h | 1.7920 | +0.026% | $11K | $194K | 12x | as long as short |
| Phoenix RENDER | +0.0264% | 1h | 1.8073 | +0.880% | $46K | $334K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.7940 | +0.138% | $603K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0360% / S −0.0906% | 1h | 1.7915 | −0.004% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0584% | 1h | 1.7940 | +0.138% | $149K | $57K | 50x | as long as short |
| Hyperliquid RENDER | +0.0594% | 1h | 1.7946 | +0.171% | $4.0M | $3.3M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1249% | 1h | 1.7956 | +0.227% | $452K | $1.2M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Injective RENDER/USDC PERP
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD