Funding you earn now, next payment 06:00 UTC−0.0135%/8h= −14.7% APRpaid last 24h +0.192%
Price spread now: KuCoin against Injective+0.166%7-day average +0.171% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.455%+$46 on $10k
+Price spread, last 4 days (all we have)−0.313%−$31 · spread now +0.166%, 7d avg +0.171%
=The price spread sits at its 7-day average of +0.171%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.455%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective RENDER/USDC PERP | 1.8030 | 0.0235 | pay 0.0029% / 1h | 15m 16s | $11K | $194K | 12x |
| Short | KuCoin RENDERUSDTM | 1.8060 | 0.0100 | get 0.0050% / 4h | 2h 15m | $4.8M | $10.9M | 50x |
Injective RENDER/USDC PERP
KuCoin RENDERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Injective. 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
- −$28.25
- Price spread: +0.166% → +0.171%
- −$0.46
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$40.72
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 49 min ago; KuCoin: live order book, 3 min ago. Net counts fees only.
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 Injective live order book, 49 min ago | 46.56 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 2.77 bp | 24.6 bp −$25 | 66.3 bp −$663 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8064 | +0.189% | $18K | $37K | 25x | as long as short |
| dYdX RENDER-USD | +0.0012% | 1h | 1.8043 | +0.074% | $18K | $22K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8059 | +0.162% | $276K | $177K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8070 | +0.222% | $11.7M | $47.8M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8060 | +0.166% | $11.8M | $13.4M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8080 | +0.277% | $3.1M | $8.3M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8047 | +0.094% | $518K | $1.3M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8060 | +0.166% | $10.7M | $11.3M | 200x | as long as short |
| KuCoin RENDERUSDTMshort | +0.0100% | 4h | 1.8060 | +0.166% | $4.8M | $10.9M | 50x | |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8072 | +0.233% | $9.8M | $10.8M | 50x | as long as short |
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
OKX RENDER-USDT-SWAP
Gate RENDER_USDT
MEXC RENDER_USDT
Bitget RENDERUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RENDER-USDT | +0.0100% | 4h | 1.8050 | +0.111% | — | $5.2M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8032 | +0.011% | $256K | $314K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8063 | +0.183% | $40K | $250K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8060 | +0.166% | $1.8M | $4.0M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8055 | +0.140% | $26K | $191K | 10x | as long as short |
| Injective RENDER/USDC PERPlong | +0.0235% | 1h | 1.8030 | long leg | $11K | $194K | 12x | |
| Phoenix RENDER | +0.0264% | 1h | 1.8067 | +0.205% | $46K | $334K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8050 | +0.111% | $600K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0360% / S −0.0906% | 1h | 1.8052 | +0.125% | $15K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0584% | 1h | 1.8100 | +0.388% | $150K | $60K | 50x | as long as short |
| Hyperliquid RENDER | +0.0624% | 1h | 1.8091 | +0.338% | $4.0M | $3.3M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1240% | 1h | 1.8083 | +0.296% | $422K | $1.3M | 50x | as long as short |
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Phoenix RENDER
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD