Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin+0.107%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$970.967% of the position
Funding, last 7 days−0.188%−$19 on $10k
+Price spread, last 7 days−0.229%−$23 · spread now +0.107%, 7d avg −0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.159% dearer against KuCoin than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RENDERUSDTM | 1.8650 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $5.2M | $12.1M | 50x |
| Short | OKX RENDER-USDT-SWAP | 1.8670 | 0.0100 | get 0.0050% / 4h | 3h 30m | $3.1M | $8.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.107% → −0.052%
- $15.88
- Slippage, 4 orders
- −$74.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$80.8
- Costs to cover
- 0.967%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; OKX: live order book, 3 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 | 2.68 bp | 37.3 bp −$37 | 76.0 bp −$760 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.68 bp | 18.2 bp −$18 | 42.5 bp −$425 | 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 | −0.0213% | 1h | 1.8480 | −0.912% | $6K | $188K | 12x | as long as short |
| Variational Omni RENDER | −0.0078% | 4h | 1.8702 | +0.279% | $230K | $281K | — | as long as short |
| Coinbase International RENDER-PERP-INTX | −0.0040% | 1h | 1.8660 | +0.054% | $153K | $64K | 50x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8666 | +0.087% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8670 | +0.107% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8683 | +0.178% | $269K | $147K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8670 | +0.107% | $12.5M | $46.9M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8643 | −0.038% | $12.0M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAPshort | +0.0100% | 4h | 1.8670 | +0.107% | $3.1M | $8.3M | 20x | |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8650 | 0.000% | $536K | $1.1M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8660 | +0.054% | $12.1M | $10.8M | 200x | as long as short |
| KuCoin RENDERUSDTMlong | +0.0100% | 4h | 1.8650 | long leg | $5.2M | $12.1M | 50x | |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8675 | +0.134% | $10.0M | $10.4M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8660 | +0.054% | — | $4.0M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8671 | +0.113% | $46K | $269K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8670 | +0.107% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8665 | +0.080% | $29K | $221K | 10x | as long as short |
| Phoenix RENDER | +0.0171% | 1h | 1.8689 | +0.209% | $47K | $324K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8710 | +0.322% | $598K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0365% / S −0.0912% | 1h | 1.8661 | +0.061% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0405% | 1h | 1.8696 | +0.247% | $475K | $1.0M | 50x | as long as short |
| Hyperliquid RENDER | +0.0761% | 1h | 1.8711 | +0.327% | $4.3M | $3.4M | 5x | as long as short |
KuCoin RENDERUSDTM
OKX RENDER-USDT-SWAP
Injective RENDER/USDC PERP
Variational Omni RENDER
Coinbase International RENDER-PERP-INTX
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
Gate RENDER_USDT
MEXC RENDER_USDT
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER