Settings8H · net · $10k
Funding arb · Price arb /

RENDER

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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 −0.044%
Price spread now: Variational Omni against KuCoin+0.176%7-day average −0.133% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.096%−$10 on $10k
Price spread, last 4 days (all we have)−0.200%−$20 · spread now +0.176%, 7d avg −0.133%
Together, before fees−0.297%+ Points / potential airdropVariational Omni: Active · farm board−$30 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: Variational Omni is 0.309% dearer against KuCoin than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of −0.133%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin RENDERUSDTM1.81200.0100pay 0.0050% / 4h3h 02m$4.8M$11.1M50x
ShortVariational Omni RENDER1.81520.0100get 0.0050% / 4h3h 02m$258K$313K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$0
Price spread: +0.176% → −0.133%
$30.91
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$18.91
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 11 min ago; Variational Omni: RFQ quote, 52 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 11 min ago2.74 bp25.6 bp −$2664.0 bp −$640doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 52 min ago5.43 bpdoesn't fit41.8 bp −$418doesn't fitdoesn't fit

RENDER on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective RENDER/USDC PERP−0.0572%1h1.8130+0.055%$11K$194K12xas long as short
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.8148+0.155%$16K$35K25xas long as short
Aster RENDERUSDT+0.0100%4h1.8131+0.058%$266K$155K20xas long as short
Binance RENDERUSDT+0.0100%4h1.8108−0.067%$11.8M$47.1M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.8109−0.061%$11.6M$13.1M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.8130+0.055%$3.1M$8.0M20xas long as short
Gate RENDER_USDT+0.0100%4h1.8111−0.050%$529K$1.3M50xas long as short
MEXC RENDER_USDT+0.0100%4h1.8100−0.110%$12.3M$11.3M200xas long as short
KuCoin RENDERUSDTMlong+0.0100%4h1.8120long leg$4.8M$11.1M50x
Bitget RENDERUSDT+0.0100%4h1.8129+0.050%$9.9M$10.7M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RENDER-USDT+0.0100%4h1.8110−0.055%$3.4Mas long as short
Variational Omni RENDERshort+0.0100%4h1.8152+0.176%$258K$313K
ApeX Omni RENDERUSDT+0.0100%1h1.8139+0.105%$40K$250K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.8130+0.055%$1.8M$4.0M50xas long as short
Extended RENDER-USD+0.0104%1h1.8105−0.082%$26K$192K10xas long as short
dYdX RENDER-USD+0.0156%1h1.8109−0.062%$18K$32K5xas long as short
Phoenix RENDER+0.0303%1h1.8186+0.364%$47K$326K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.8160+0.221%$563K$1.1M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0371% / S −0.0956%1h1.8103−0.094%$16K100xas long as short
Hyperliquid RENDER+0.0577%1h1.8140+0.110%$4.1M$3.3M5xas long as short
Coinbase International RENDER-PERP-INTX+0.0616%1h1.8150+0.166%$151K$57K50xas long as short
Kraken Futures PF_RENDERUSD+0.1054%1h1.8177+0.313%$490K$1.2M50xas long as short