Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against KuCoin−0.137%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1001.004% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.137%, 7d avg −0.046%
=Together, before fees+0.016%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.091% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RENDERUSDTM | 1.7960 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $4.8M | $11.0M | 50x |
| Short | Extended RENDER-USD | 1.7935 | 0.0104 | get 0.0013% / 1h | 40m 47s | $26K | $194K | 10x |
KuCoin RENDERUSDTM
Extended RENDER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.137% → −0.046%
- −$9.09
- Slippage, 4 orders
- −$83.45
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$108.7
- Costs to cover
- 1.004%
- Break-even
- 912.8 days
Slippage from KuCoin: live order book, 3 min ago; Extended: live order book, 5 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, 3 min ago | 2.77 bp | 14.9 bp −$15 | 73.6 bp −$736 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 12.70 bp | 23.7 bp −$24 | 81.7 bp −$817 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.7971 | +0.061% | $18K | $37K | 25x | as long as short |
| dYdX RENDER-USD | +0.0027% | 1h | 1.7928 | −0.178% | $18K | $32K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.7949 | −0.063% | $263K | $159K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.7920 | −0.223% | $11.7M | $47.2M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.7885 | −0.418% | $11.5M | $13.1M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.7910 | −0.278% | $3.0M | $8.0M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.7929 | −0.173% | $519K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.7940 | −0.111% | $11.9M | $11.1M | 200x | as long as short |
| KuCoin RENDERUSDTMlong | +0.0100% | 4h | 1.7960 | long leg | $4.8M | $11.0M | 50x | |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.7947 | −0.072% | $9.7M | $10.7M | 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-USDT | +0.0100% | 4h | 1.7940 | −0.111% | — | $5.2M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.7957 | −0.015% | $256K | $313K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8057 | +0.540% | $40K | $250K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.7990 | +0.167% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USDshort | +0.0104% | 1h | 1.7935 | −0.137% | $26K | $194K | 10x | |
| Injective RENDER/USDC PERP | +0.0235% | 1h | 1.8000 | +0.223% | $11K | $194K | 12x | as long as short |
| Phoenix RENDER | +0.0264% | 1h | 1.8073 | +0.629% | $46K | $334K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8000 | +0.223% | $605K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0360% / S −0.0906% | 1h | 1.7971 | +0.062% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0584% | 1h | 1.8020 | +0.334% | $150K | $57K | 50x | as long as short |
| Hyperliquid RENDER | +0.0609% | 1h | 1.7969 | +0.050% | $4.0M | $3.3M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1247% | 1h | 1.7985 | +0.141% | $450K | $1.2M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
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