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: OKX against KuCoin+0.107%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$1021.021% of the position
Funding, last 7 days−0.188%−$19 on $10k
+Price spread, last 7 days−0.229%−$23 · spread now +0.107%, 7d avg −0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.159% dearer against KuCoin than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RENDERUSDTM | 1.8670 | 0.0100 | pay 0.0050% / 4h | 3h 34m | $5.2M | $12.2M | 50x |
| Short | OKX RENDER-USDT-SWAP | 1.8690 | 0.0100 | get 0.0050% / 4h | 3h 34m | $3.2M | $8.3M | 20x |
KuCoin RENDERUSDTM
OKX RENDER-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against KuCoin. 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: +0.107% → −0.052%
- $15.87
- Slippage, 4 orders
- −$80.07
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$86.21
- Costs to cover
- 1.021%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; OKX: live order book, 3 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 KuCoin live order book, 4 min ago | 2.67 bp | 34.5 bp −$34 | 73.1 bp −$731 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.67 bp | 18.1 bp −$18 | 51.0 bp −$510 | 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 | 1.8680 | +0.054% | $6K | $188K | 12x | as long as short |
| Variational Omni RENDER | −0.0079% | 4h | 1.8667 | −0.015% | $230K | $281K | — | as long as short |
| Coinbase International RENDER-PERP-INTX | −0.0040% | 1h | 1.8820 | +0.803% | $155K | $65K | 50x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | −0.0018% | 1h | 1.8683 | +0.070% | $11K | $30K | 25x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8697 | +0.145% | $19K | $21K | 5x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8707 | +0.199% | $270K | $147K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8682 | +0.064% | $12.5M | $46.9M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8660 | −0.054% | $12.0M | $13.2M | 50x | as long as short |
| OKX RENDER-USDT-SWAPshort | +0.0100% | 4h | 1.8690 | +0.107% | $3.2M | $8.3M | 20x | |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8669 | −0.005% | $537K | $1.1M | 50x | as long as short |
Injective RENDER/USDC PERP
Variational Omni RENDER
Coinbase International RENDER-PERP-INTX
Deribit RENDER_USDC-PERPETUAL
dYdX RENDER-USD
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
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 | 1.8680 | +0.054% | $12.1M | $10.7M | 200x | as long as short |
| KuCoin RENDERUSDTMlong | +0.0100% | 4h | 1.8670 | long leg | $5.2M | $12.2M | 50x | |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8685 | +0.080% | $10.0M | $10.4M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8680 | +0.054% | — | $4.0M | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8749 | +0.423% | $47K | $269K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8690 | +0.107% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8678 | +0.045% | $29K | $221K | 10x | as long as short |
| Phoenix RENDER | +0.0171% | 1h | 1.8712 | +0.225% | $47K | $324K | 5x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8710 | +0.214% | $598K | $1.2M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0365% / S −0.0912% | 1h | 1.8675 | +0.026% | $16K | — | 100x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.0405% | 1h | 1.8705 | +0.189% | $475K | $1.0M | 50x | as long as short |
| Hyperliquid RENDER | +0.0733% | 1h | 1.8726 | +0.300% | $4.3M | $3.4M | 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