RENDER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Phemex against KuCoin−0.054%50s7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$130as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1101.101% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.204%−$20 on $10k

Price spread, last 4 days (all we have)−0.202%−$20 · spread now −0.054%, 7d avg −0.038%

Together, before fees−0.407%−$41 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RENDERUSDTM	1.8350	0.0100	pay 0.0050% / 4h	21m 20s	$4.9M	$11.6M	50x
Short	Phemex RENDERUSDT	1.8340	0.0100	get 0.0100% / 8h	4h 21m	$1.8M	$4.0M	50x

Funding history

latest

Range statsloading…

Phemex against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee KuCoinbpFee PhemexbpOrdersPrice spread, now −0.054%Rate

Slippage from KuCoin: live order book, 2 min ago; Phemex: live order book, 2 min ago.

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, 2 min ago	2.73 bp	23.9 bp −$24	60.1 bp −$601	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	8.18 bp	29.4 bp −$29	92.2 bp −$922	doesn't fit	doesn't fit

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	−0.0223%	1h	1.8200	−0.817%	$6K	$188K	12x	as long as short
Deribit RENDER_USDC-PERPETUAL	0.0000%	1h	1.8346	−0.022%	$10K	$30K	25x	as long as short
dYdX RENDER-USD	+0.0081%	1h	1.8347	−0.019%	$19K	$23K	5x	as long as short
Binance RENDERUSDT	+0.0100%	4h	1.8350	−0.002%	$12.1M	$47.4M	75x	as long as short
Bybit RENDERUSDT	+0.0100%	4h	1.8341	−0.049%	$11.7M	$13.3M	50x	as long as short
OKX RENDER-USDT-SWAP	+0.0100%	4h	1.8350	0.000%	$3.1M	$8.1M	20x	as long as short
Gate RENDER_USDT	+0.0100%	4h	1.8338	−0.065%	$548K	$1.2M	50x	as long as short
MEXC RENDER_USDT	+0.0100%	4h	1.8340	−0.054%	$12.5M	$11.3M	200x	as long as short
KuCoin RENDERUSDTMlong	+0.0100%	4h	1.8350	long leg	$4.9M	$11.6M	50x
Bitget RENDERUSDT	+0.0100%	4h	1.8355	+0.027%	$10.0M	$10.9M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX RENDER-USDT	+0.0100%	4h	1.8340	−0.054%	—	$3.5M	—	as long as short
Variational Omni RENDER	+0.0100%	4h	1.8247	−0.563%	$260K	$313K	—	as long as short
ApeX Omni RENDERUSDT	+0.0100%	1h	1.8318	−0.174%	$41K	$252K	50x	as long as short
Phemex RENDERUSDTshort	+0.0100%	8h	1.8340	−0.054%	$1.8M	$4.0M	50x
Extended RENDER-USD	+0.0104%	1h	1.8347	−0.019%	$30K	$205K	10x	as long as short
Aster RENDERUSDT	+0.0213%	4h	1.8351	+0.005%	$268K	$151K	20x	as long as short
Phoenix RENDER	+0.0299%	1h	1.8335	−0.082%	$47K	$315K	5x	as long as short
BloFin RENDER-USDT	+0.0340%	4h	1.8320	−0.163%	$576K	$1.1M	90x	as long as short
GMX RENDER/USD [ETH-USDC]	L +0.0363% / S −0.0907%	1h	1.8341	−0.051%	$15K	—	100x	as long as short
Hyperliquid RENDER	+0.0564%	1h	1.8378	+0.153%	$4.1M	$3.3M	5x	as long as short
Coinbase International RENDER-PERP-INTX	+0.0720%	1h	1.8340	−0.054%	$152K	$58K	50x	as long as short
Kraken Futures PF_RENDERUSD	+0.1279%	1h	1.8378	+0.154%	$478K	$1.1M	50x	as long as short