RENDER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%

Price spread now: Bybit against KuCoin−0.110%7-day average −0.117% · you buy dearer than you sell

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$820.821% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 7 days−0.012%−$1 · spread now −0.110%, 7d avg −0.117%

Together, before fees−0.080%−$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RENDERUSDTM	1.8150	0.0100	pay 0.0050% / 4h	2h 00m	$4.8M	$10.8M	50x
Short	Bybit RENDERUSDT	1.8130	0.0100	get 0.0050% / 4h	2h 00m	$11.8M	$13.4M	50x

Funding history

latest

Range statsloading…

Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now −0.110%Rate

Slippage from KuCoin: live order book, 8 min ago; Bybit: live order book, 3 min ago.

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, 8 min ago	2.76 bp	27.7 bp −$28	70.1 bp −$701	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	5.53 bp	14.8 bp −$15	32.7 bp −$327	181.5 bp −$18.1K	doesn't fit

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
dYdX RENDER-USD	+0.0009%	1h	1.8155	+0.025%	$18K	$22K	5x	as long as short
Deribit RENDER_USDC-PERPETUAL	+0.0025%	1h	1.8166	+0.088%	$18K	$37K	25x	as long as short
Aster RENDERUSDT	+0.0100%	4h	1.8178	+0.153%	$278K	$177K	20x	as long as short
Binance RENDERUSDT	+0.0100%	4h	1.8140	−0.055%	$11.8M	$47.8M	75x	as long as short
Bybit RENDERUSDTshort	+0.0100%	4h	1.8130	−0.110%	$11.8M	$13.4M	50x
OKX RENDER-USDT-SWAP	+0.0100%	4h	1.8160	+0.055%	$3.1M	$8.4M	20x	as long as short
Gate RENDER_USDT	+0.0100%	4h	1.8146	−0.022%	$521K	$1.3M	50x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	1.8140	−0.055%	$11.2M	$11.6M	200x	as long as short
KuCoin RENDERUSDTMlong	+0.0100%	4h	1.8150	long leg	$4.8M	$10.8M	50x
Bitget RENDERUSDT	+0.0100%	4h	1.8150	0.000%	$9.9M	$10.9M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX RENDER-USDT	+0.0100%	4h	1.8150	0.000%	—	$5.2M	—	as long as short
Variational Omni RENDER	+0.0100%	4h	1.8152	+0.009%	$257K	$314K	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	1.8139	−0.061%	$40K	$250K	50x	as long as short
Phemex RENDERUSDT	+0.0100%	8h	1.8160	+0.055%	$1.8M	$4.0M	50x	as long as short
Extended RENDER-USD	+0.0104%	1h	1.8143	−0.041%	$26K	$195K	10x	as long as short
Injective RENDER/USDC PERP	+0.0235%	1h	1.7950	−1.102%	$11K	$194K	12x	as long as short
Phoenix RENDER	+0.0264%	1h	1.8164	+0.077%	$47K	$334K	5x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	1.8170	+0.110%	$605K	$1.2M	90x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0361% / S −0.0906%	1h	1.8149	−0.007%	$15K	—	100x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0584%	1h	1.8160	+0.055%	$150K	$62K	50x	as long as short
Hyperliquid RENDER	+0.0649%	1h	1.8166	+0.088%	$4.1M	$3.3M	5x	as long as short
Kraken Futures PF_RENDERUSD	+0.1233%	1h	1.8181	+0.174%	$424K	$1.3M	50x	as long as short