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 0.000%
Price spread now: MEXC against KuCoin−0.167%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$490.488% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.106%−$11 on $10k
Price spread, last 7 days+0.069%+$7 · spread now −0.167%, 7d avg −0.061%
Together, before fees−0.037%−$4 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: MEXC is 0.105% cheaper against KuCoin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin RENDERUSDTM1.79800.0100pay 0.0050% / 4h21m 15s$4.8M$10.0M50x
ShortMEXC RENDER_USDT1.79500.0100get 0.0050% / 4h21m 15s$10.9M$11.8M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.167% → −0.061%
−$10.54
Slippage, 4 orders
−$36.78
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$59.32
Costs to cover
0.488%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; MEXC: live order book, 2 min ago.

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, 7 min ago2.78 bp17.7 bp −$1856.8 bp −$568doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago2.78 bp2.8 bp −$311.4 bp −$11452.3 bp −$5,235207.2 bp −$103.6K

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−0.0131%1h1.7960−0.111%$11K$194K12xas long as short
Deribit RENDER_USDC-PERPETUAL0.0000%1h1.7948−0.178%$18K$37K25xas long as short
dYdX RENDER-USD+0.0012%1h1.7956−0.131%$18K$22K5xas long as short
Aster RENDERUSDT+0.0100%4h1.7956−0.134%$275K$189K20xas long as short
Binance RENDERUSDT+0.0100%4h1.7942−0.213%$11.6M$45.7M75xas long as short
Bybit RENDERUSDT+0.0100%4h1.7932−0.267%$11.7M$12.5M50xas long as short
OKX RENDER-USDT-SWAP+0.0100%4h1.7960−0.111%$3.1M$8.1M20xas long as short
Gate RENDER_USDT+0.0100%4h1.7940−0.222%$512K$1.2M50xas long as short
MEXC RENDER_USDTshort+0.0100%4h1.7950−0.167%$10.9M$11.8M200x
KuCoin RENDERUSDTMlong+0.0100%4h1.7980long leg$4.8M$10.0M50x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RENDERUSDT+0.0100%4h1.7952−0.156%$9.7M$10.6M50xas long as short
BingX RENDER-USDT+0.0100%4h1.7950−0.167%$5.1Mas long as short
Variational Omni RENDER+0.0100%4h1.7932−0.269%$254K$314Kas long as short
ApeX Omni RENDERUSDT+0.0100%1h1.7956−0.133%$39K$248K50xas long as short
Phemex RENDERUSDT+0.0100%8h1.7930−0.278%$1.8M$3.9M50xas long as short
Extended RENDER-USD+0.0104%1h1.7945−0.194%$26K$254K10xas long as short
Phoenix RENDER+0.0266%1h1.7999+0.106%$46K$339K5xas long as short
BloFin RENDER-USDT+0.0340%4h1.7970−0.056%$602K$1.2M90xas long as short
GMX RENDER/USD [ETH-USDC]L +0.0360% / S −0.0906%1h1.7942−0.210%$15K100xas long as short
Hyperliquid RENDER+0.0389%1h1.7976−0.022%$4.0M$3.4M5xas long as short
Coinbase International RENDER-PERP-INTX+0.0512%1h1.8060+0.445%$149K$61K50xas long as short
Kraken Futures PF_RENDERUSD+0.0739%1h1.7952−0.156%$417K$1.4M50xas long as short