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: KuCoin against Binance−0.133%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$870.867% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 7 days+0.218%+$22 · spread now −0.133%, 7d avg +0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.184% cheaper against Binance than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RENDERUSDT | 1.8635 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $12.5M | $46.1M | 75x |
| Short | KuCoin RENDERUSDTM | 1.8610 | 0.0100 | get 0.0050% / 4h | 3h 09m | $5.3M | $12.0M | 50x |
Binance RENDERUSDT
KuCoin RENDERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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: −0.133% → +0.051%
- −$18.4
- Slippage, 4 orders
- −$64.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$105.13
- Costs to cover
- 0.867%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; KuCoin: 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 Binance live order book, 3 min ago | 2.68 bp | 12.3 bp −$12 | 26.6 bp −$266 | 161.3 bp −$16.1K | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.67 bp | 27.0 bp −$27 | 59.9 bp −$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 | −0.0213% | 1h | 1.8840 | +1.101% | $6K | $188K | 12x | as long as short |
| Coinbase International RENDER-PERP-INTX | −0.0040% | 1h | 1.8830 | +1.047% | $155K | $65K | 50x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8629 | −0.031% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8612 | −0.123% | $11K | $30K | 25x | as long as short |
| Variational Omni RENDER | +0.0021% | 4h | 1.8622 | −0.069% | $229K | $279K | — | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8641 | +0.032% | $269K | $146K | 20x | as long as short |
| Binance RENDERUSDTlong | +0.0100% | 4h | 1.8635 | long leg | $12.5M | $46.1M | 75x | |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8614 | −0.112% | $12.1M | $13.0M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8630 | −0.026% | $3.2M | $8.2M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8619 | −0.085% | $526K | $1.1M | 50x | as long as short |
Injective RENDER/USDC PERP
Coinbase International RENDER-PERP-INTX
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Variational Omni RENDER
Aster RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8610 | −0.133% | $11.9M | $10.9M | 200x | as long as short |
| KuCoin RENDERUSDTMshort | +0.0100% | 4h | 1.8610 | −0.133% | $5.3M | $12.0M | 50x | |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8630 | −0.026% | $10.0M | $10.5M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8620 | −0.080% | — | $3.9M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8635 | +0.001% | $46K | $269K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8620 | −0.080% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8621 | −0.073% | $29K | $205K | 10x | as long as short |
| Phoenix RENDER | +0.0171% | 1h | 1.8680 | +0.242% | $47K | $324K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8620 | −0.080% | $599K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0364% / S −0.0912% | 1h | 1.8614 | −0.112% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0406% | 1h | 1.8641 | +0.032% | $478K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0863% | 1h | 1.8680 | +0.242% | $4.3M | $3.3M | 5x | as long as short |
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