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: BingX against KuCoin−0.111%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$830.829% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now −0.111%, 7d avg −0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.037% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RENDERUSDTM | 1.8080 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $4.8M | $11.0M | 50x |
| Short | BingX RENDER-USDT | 1.8060 | 0.0100 | get 0.0050% / 4h | 2h 43m | — | $5.1M | — |
KuCoin RENDERUSDTM
BingX RENDER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.111% → −0.074%
- −$3.66
- Slippage, 4 orders
- −$60.91
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$86.57
- Costs to cover
- 0.829%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; BingX: live order book, 2 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, 10 min ago | 2.75 bp | 20.8 bp −$21 | 51.8 bp −$518 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.53 bp | 12.5 bp −$12 | 23.2 bp −$232 | 57.4 bp −$5,744 | 934.7 bp −$467.4K |
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 | 1.8039 | −0.227% | $18K | $37K | 25x | as long as short |
| dYdX RENDER-USD | +0.0021% | 1h | 1.8067 | −0.072% | $18K | $32K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8061 | −0.106% | $265K | $156K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8042 | −0.213% | $11.7M | $47.0M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8035 | −0.249% | $11.6M | $13.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8050 | −0.166% | $3.1M | $8.0M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8054 | −0.144% | $523K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8070 | −0.055% | $12.0M | $11.1M | 200x | as long as short |
| KuCoin RENDERUSDTMlong | +0.0100% | 4h | 1.8080 | long leg | $4.8M | $11.0M | 50x | |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8047 | −0.183% | $9.8M | $10.6M | 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-USDTshort | +0.0100% | 4h | 1.8060 | −0.111% | — | $5.1M | — | |
| Variational Omni RENDER | +0.0100% | 4h | 1.8082 | +0.010% | $257K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8095 | +0.083% | $40K | $250K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8050 | −0.166% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8035 | −0.248% | $26K | $190K | 10x | as long as short |
| Injective RENDER/USDC PERP | +0.0235% | 1h | 1.8080 | 0.000% | $11K | $194K | 12x | as long as short |
| Phoenix RENDER | +0.0264% | 1h | 1.8129 | +0.271% | $47K | $334K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8080 | 0.000% | $560K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0370% / S −0.0956% | 1h | 1.8045 | −0.195% | $16K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0584% | 1h | 1.8150 | +0.387% | $151K | $57K | 50x | as long as short |
| Hyperliquid RENDER | +0.0638% | 1h | 1.8098 | +0.101% | $4.1M | $3.3M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1242% | 1h | 1.8058 | −0.123% | $481K | $1.2M | 50x | as long as short |
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
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