Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.104%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$910.914% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 7 days−0.189%−$19 · spread now +0.104%, 7d avg −0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.154% dearer against KuCoin than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RENDERUSDTM | 1.8720 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $5.2M | $12.2M | 50x |
| Short | Binance RENDERUSDT | 1.8739 | 0.0100 | get 0.0050% / 4h | 3h 46m | $12.5M | $47.1M | 75x |
KuCoin RENDERUSDTM
Binance RENDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: +0.104% → −0.051%
- $15.43
- Slippage, 4 orders
- −$69.41
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$75.98
- Costs to cover
- 0.914%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 11 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, 2 min ago | 2.67 bp | 35.7 bp −$36 | 76.6 bp −$766 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.66 bp | 13.3 bp −$13 | 28.5 bp −$285 | 184.0 bp −$18.4K | 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 | −0.0230% | 1h | 1.8731 | +0.059% | $11K | $30K | 25x | as long as short |
| Injective RENDER/USDC PERP | −0.0213% | 1h | 1.8760 | +0.214% | $6K | $188K | 12x | as long as short |
| Variational Omni RENDER | −0.0065% | 4h | 1.8787 | +0.358% | $230K | $287K | — | as long as short |
| Coinbase International RENDER-PERP-INTX | −0.0040% | 1h | 1.8790 | +0.374% | $155K | $65K | 50x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8777 | +0.304% | $19K | $21K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8747 | +0.142% | $270K | $164K | 20x | as long as short |
| Binance RENDERUSDTshort | +0.0100% | 4h | 1.8739 | +0.104% | $12.5M | $47.1M | 75x | |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8714 | −0.032% | $12.1M | $13.4M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8740 | +0.107% | $3.2M | $8.4M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8740 | +0.107% | $534K | $1.1M | 50x | as long as short |
Deribit RENDER_USDC-PERPETUAL
Injective RENDER/USDC PERP
Variational Omni RENDER
Coinbase International RENDER-PERP-INTX
dYdX RENDER-USD
Aster RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8730 | +0.053% | $12.1M | $10.5M | 200x | as long as short |
| KuCoin RENDERUSDTMlong | +0.0100% | 4h | 1.8720 | long leg | $5.2M | $12.2M | 50x | |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8739 | +0.101% | $10.1M | $10.4M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8740 | +0.107% | — | $4.1M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8729 | +0.048% | $47K | $268K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8740 | +0.107% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8720 | +0.002% | $32K | $209K | 10x | as long as short |
| Phoenix RENDER | +0.0171% | 1h | 1.8747 | +0.144% | $48K | $324K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8760 | +0.214% | $599K | $1.3M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0366% / S −0.0912% | 1h | 1.8722 | +0.011% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0403% | 1h | 1.8767 | +0.254% | $478K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0891% | 1h | 1.8790 | +0.374% | $4.4M | $3.4M | 5x | as long as short |
MEXC RENDER_USDT
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER