Funding arb · Price arb / Crypto
RENDER
All RENDER markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.7214 | +0.0401 | pay 0.0050% / 1h | 53m 06s | $601K | $404K | 50x | Long Kraken Futures | |
| SHORT | 1.7170 | −0.0036 | pay 0.0004% / 1h | 53m 06s | $84K | $87K | 50x | Short TxFlow5% off |
Price gap−0.256%
Funding gap−0.0436% /8h
Both sides work against this direction now: funding costs $13 a day on $10k and the gap is 0.256% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$18−0.0436% /8h now · paid +0.178% over the last 7D
Price—spread −0.256% now · no price history on both exchanges yet
Costsno datano order book for TxFlow
Result, before costs—+ Points / potential airdropTxFlow: points · farm boardneeds both price histories
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.178% in total, about +0.0085%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.256%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hRENDER on 25 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for TxFlow: its slippage is not counted.
- Note: Margin at max leverage$200 + $200Kraken Futures 50x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$13.09Long Kraken Futures: 24 payments, −$12.02; short TxFlow: 24 payments, −$1.08.
- Note: No 7-day spread history−0.256%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$84K vs $601K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCKraken Futures Yes · TxFlow NoFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0085%/8h × 21 periods+$17.75
Price spread−0.256% → 0−$25.60
Slippage, 4 ordersno data for TxFlow—
Fee Kraken Futures bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$26.85
Costs to cover0.190%Break-even17.6 days
Slippage: Kraken Futures: live order book, 59 min ago; TxFlow: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures6.3818.3 bp−$1840.5 bp−$405doesn’t fitdoesn’t fit
SELL · SHORTTxFlow—————
Closing costs about the same again.
TxFlow: no data.
| 09-24 20:07 | OKX | Product | New X Drops Club is live in Europe. Trade $SOL, $ZEC, $NEAR, $ENA, $SUI, $ONDO, $CARDS, $AVAX, $ZAMA or $RENDER for a share of 1,200 $OKB, worth around $150K. Pick your market. Chase the drop. @okx on X ↗ |
| 09-24 19:59 | OKX | Product | New X Drops Club is live in Europe. Trade $SOL, $ZEC, $NEAR, $ENA, $SUI, $ONDO, $CARDS, $AVAX, $ZAMA or $RENDER for a share of 1,125 $OKB, worth around $150K. Pick your market. Chase the drop. @okx on X ↗ |

OKX