Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against ApeX Omni−0.119%97s7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$780.783% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)−0.321%−$32 · spread now −0.119%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.111% cheaper against ApeX Omni than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.008%. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni RENDERUSDT | 1.8492 | 0.0100 | pay 0.0013% / 1h | 57m 57s | $46K | $252K | 50x |
| Short | KuCoin RENDERUSDTM | 1.8470 | 0.0100 | get 0.0050% / 4h | 1h 57m | $4.9M | $11.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against ApeX Omni. 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: −0.119% → −0.008%
- −$11.14
- Slippage, 4 orders
- −$56.25
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$89.39
- Costs to cover
- 0.783%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 4 min ago; KuCoin: live order book, 6 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 ApeX Omni live order book, 4 min ago | 6.76 bp | 14.4 bp −$14 | 120.7 bp −$1,207 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.70 bp | 28.5 bp −$28 | 62.9 bp −$629 | doesn't fit | doesn't fit |
RENDER on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX RENDER-USD | 0.0000% | 1h | 1.8467 | −0.136% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8473 | −0.103% | $11K | $30K | 25x | as long as short |
| Injective RENDER/USDC PERP | +0.0036% | 1h | 1.8490 | −0.011% | $6K | $188K | 12x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8493 | +0.007% | $267K | $139K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8459 | −0.179% | $12.2M | $44.8M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8454 | −0.205% | $11.8M | $12.6M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8460 | −0.173% | $3.1M | $7.9M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8456 | −0.195% | $570K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8450 | −0.227% | $11.0M | $10.6M | 200x | as long as short |
| KuCoin RENDERUSDTMshort | +0.0100% | 4h | 1.8470 | −0.119% | $4.9M | $11.8M | 50x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8458 | −0.184% | $9.9M | $10.3M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8460 | −0.173% | — | $3.6M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8462 | −0.163% | $227K | $277K | — | as long as short |
| ApeX Omni RENDERUSDTlong | +0.0100% | 1h | 1.8492 | long leg | $46K | $252K | 50x | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8460 | −0.173% | $1.8M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8448 | −0.238% | $26K | $198K | 10x | as long as short |
| Phoenix RENDER | +0.0217% | 1h | 1.8497 | +0.027% | $47K | $235K | 5x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0365% / S −0.0912% | 1h | 1.8464 | −0.153% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0456% | 1h | 1.8520 | +0.151% | $151K | $52K | 50x | as long as short |
| Hyperliquid RENDER | +0.0946% | 1h | 1.8491 | −0.005% | $4.2M | $3.2M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1446% | 1h | 1.8502 | +0.054% | $489K | $1.0M | 50x | as long as short |
ApeX Omni RENDERUSDT
KuCoin RENDERUSDTM
Deribit RENDER_USDC-PERPETUAL
Injective RENDER/USDC PERP
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
Bitget RENDERUSDT
BingX RENDER-USDT
Variational Omni RENDER
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD