Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against KuCoin−0.005%82s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$940.943% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)+0.178%+$18 · spread now −0.005%, 7d avg +0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RENDERUSDTM | 1.8290 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $4.9M | $11.3M | 50x |
| Short | ApeX Omni RENDERUSDT | 1.8289 | 0.0100 | get 0.0013% / 1h | 32m 00s | $40K | $256K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against KuCoin. 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: −0.005% → +0.004%
- −$0.94
- Slippage, 4 orders
- −$72.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$95.27
- Costs to cover
- 0.943%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; ApeX Omni: live order book, 20 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 KuCoin live order book, 1 min ago | 2.73 bp | 24.6 bp −$25 | 64.1 bp −$641 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 20 min ago | 10.27 bp | 18.9 bp −$19 | 129.3 bp −$1,293 | 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 | −0.0572% | 1h | 1.8310 | +0.109% | $12K | $194K | 12x | as long as short |
| dYdX RENDER-USD | +0.0060% | 1h | 1.8287 | −0.018% | $19K | $23K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | +0.0078% | 1h | 1.8281 | −0.049% | $13K | $33K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8289 | −0.004% | $268K | $155K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8272 | −0.097% | $11.9M | $47.1M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8263 | −0.148% | $11.7M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8280 | −0.055% | $3.1M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8276 | −0.077% | $535K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8270 | −0.109% | $12.4M | $11.2M | 200x | as long as short |
| KuCoin RENDERUSDTMlong | +0.0100% | 4h | 1.8290 | long leg | $4.9M | $11.3M | 50x |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8286 | −0.022% | $10.0M | $10.7M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8290 | 0.000% | — | $3.4M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8262 | −0.154% | $260K | $313K | — | as long as short |
| ApeX Omni RENDERUSDTshort | +0.0100% | 1h | 1.8289 | −0.005% | $40K | $256K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8290 | 0.000% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8275 | −0.084% | $26K | $201K | 10x | as long as short |
| Phoenix RENDER | +0.0303% | 1h | 1.8308 | +0.098% | $47K | $326K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8300 | +0.055% | $567K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0372% / S −0.0956% | 1h | 1.8274 | −0.086% | $16K | — | 100x | as long as short |
| Hyperliquid RENDER | +0.0579% | 1h | 1.8299 | +0.049% | $4.1M | $3.3M | 5x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0616% | 1h | 1.8430 | +0.765% | $153K | $58K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1047% | 1h | 1.8305 | +0.085% | $496K | $1.2M | 50x | as long as short |
KuCoin RENDERUSDTM
ApeX Omni RENDERUSDT
Injective RENDER/USDC PERP
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
Bitget RENDERUSDT
BingX RENDER-USDT
Variational Omni RENDER
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Hyperliquid RENDER
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD