Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended−0.021%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1041.040% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.021%, 7d avg +0.049%
=Together, before fees+0.159%+ Points / potential airdropExtended: Active · farm board+$16 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: KuCoin is 0.070% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended RENDER-USD | 1.8754 | 0.0104 | pay 0.0013% / 1h | 21m 45s | $31K | $178K | 10x |
| Short | KuCoin RENDERUSDTM | 1.8750 | 0.0100 | get 0.0050% / 4h | 2h 21m | $5.2M | $13.1M | 50x |
Extended RENDER-USD
KuCoin RENDERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. 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
- −$0.84
- Price spread: −0.021% → +0.049%
- −$7
- Slippage, 4 orders
- −$86.95
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$111.79
- Costs to cover
- 1.040%
- Break-even
- never at this rate
Slippage from Extended: live order book, 64 min ago; KuCoin: live order book, 2 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 Extended live order book, 64 min ago | 12.23 bp | 25.5 bp −$26 | 224.5 bp −$2,245 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 2.66 bp | 28.2 bp −$28 | 61.5 bp −$615 | 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 | −0.0440% | 1h | 1.8670 | −0.448% | $6K | $141K | 12x | as long as short |
| Variational Omni RENDER | −0.0275% | 4h | 1.8749 | −0.025% | $238K | $271K | — | as long as short |
| Bybit RENDERUSDT | −0.0101% | 4h | 1.8730 | −0.128% | $12.2M | $14.6M | 50x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8749 | −0.025% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8753 | −0.005% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8769 | +0.078% | $268K | $196K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8757 | +0.017% | $12.6M | $49.1M | 75x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8760 | +0.032% | $3.2M | $8.9M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8754 | 0.000% | $552K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8750 | −0.021% | $12.2M | $10.3M | 200x | as long as short |
Injective RENDER/USDC PERP
Variational Omni RENDER
Bybit RENDERUSDT
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RENDERUSDTMshort | +0.0100% | 4h | 1.8750 | −0.021% | $5.2M | $13.1M | 50x | |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8748 | −0.032% | $10.1M | $10.4M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8740 | −0.074% | — | $4.3M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8789 | +0.187% | $45K | $267K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8750 | −0.021% | $1.9M | $4.0M | 50x | as long as short |
| Extended RENDER-USDlong | +0.0104% | 1h | 1.8754 | long leg | $31K | $178K | 10x | |
| Phoenix RENDER | +0.0173% | 1h | 1.8801 | +0.251% | $41K | $336K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8780 | +0.139% | $607K | $1.5M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0364% / S −0.0904% | 1h | 1.8761 | +0.036% | $16K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0520% | 1h | 1.8640 | −0.608% | $154K | $68K | 50x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0740% | 1h | 1.8783 | +0.154% | $491K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0846% | 1h | 1.8794 | +0.214% | $4.3M | $3.7M | 5x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER