Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against KuCoin−0.188%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1541.536% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 7 days+0.015%+$1 · spread now −0.188%, 7d avg −0.077%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.110% cheaper against KuCoin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RENDERUSDTM | 1.8130 | 0.0100 | pay 0.0050% / 4h | 3h 23m | $4.8M | $9.5M | 50x |
| Short | Gate RENDER_USDT | 1.8096 | 0.0100 | get 0.0050% / 4h | 3h 23m | $516K | $1.1M | 50x |
KuCoin RENDERUSDTM
Gate RENDER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.188% → −0.077%
- −$11.04
- Slippage, 4 orders
- −$126.57
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$164.6
- Costs to cover
- 1.536%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Gate: live order book, 4 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, 5 min ago | 2.78 bp | 21.3 bp −$21 | 69.1 bp −$691 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.89 bp | 52.0 bp −$52 | 159.9 bp −$1,599 | 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 | −0.0013% | 1h | 1.8030 | −0.552% | $11K | $194K | 12x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8128 | −0.010% | $276K | $182K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8140 | +0.055% | $11.8M | $43.7M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8107 | −0.127% | $11.9M | $11.7M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8140 | +0.055% | $3.1M | $7.9M | 20x | as long as short |
| Gate RENDER_USDTshort | +0.0100% | 4h | 1.8096 | −0.188% | $516K | $1.1M | 50x | |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8120 | −0.055% | $10.8M | $11.6M | 200x | as long as short |
| KuCoin RENDERUSDTMlong | +0.0100% | 4h | 1.8130 | long leg | $4.8M | $9.5M | 50x | |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8123 | −0.039% | $9.8M | $10.4M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8120 | −0.055% | — | $5.1M | — | as long as short |
Injective RENDER/USDC PERP
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
MEXC RENDER_USDT
Bitget RENDERUSDT
BingX RENDER-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RENDER | +0.0100% | 4h | 1.7961 | −0.929% | $254K | $314K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.7990 | −0.772% | $37K | $248K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8120 | −0.055% | $1.8M | $3.8M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8112 | −0.101% | $26K | $243K | 10x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | +0.0192% | 1h | 1.8115 | −0.083% | $24K | $28K | 25x | as long as short |
| Phoenix RENDER | +0.0265% | 1h | 1.8010 | −0.662% | $46K | $309K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8110 | −0.110% | $608K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0388% / S −0.1052% | 1h | 1.8107 | −0.128% | $17K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0423% | 1h | 1.8127 | −0.018% | $429K | $1.3M | 50x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0624% | 1h | 1.8160 | +0.165% | $149K | $52K | 50x | as long as short |
| Hyperliquid RENDER | +0.0625% | 1h | 1.8142 | +0.066% | $4.1M | $3.2M | 5x | as long as short |
| dYdX RENDER-USD | +0.1013% | 1h | 1.8019 | −0.612% | $27K | $31K | 5x | as long as short |
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
dYdX RENDER-USD