Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.044%
Price spread now: KuCoin against Variational Omni+0.498%7-day average +0.131% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.096%+$10 on $10k
+Price spread, last 4 days (all we have)−0.557%−$56 · spread now +0.498%, 7d avg +0.131%
=Together, before fees−0.461%+ Points / potential airdropVariational Omni: Active · farm board−$46 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 0.368% dearer against Variational Omni than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of +0.131%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni RENDER | 1.8796 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $232K | $276K | — |
| Short | KuCoin RENDERUSDTM | 1.8890 | 0.0100 | get 0.0050% / 4h | 1h 38m | $5.2M | $11.8M | 50x |
Variational Omni RENDER
KuCoin RENDERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Variational Omni. 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: +0.498% → +0.131%
- $36.77
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $24.77
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 25 min ago; KuCoin: live order book, 5 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 Variational Omni RFQ quote, 25 min ago | 5.45 bp | doesn't fit | 35.4 bp −$354 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.66 bp | 31.1 bp −$31 | 75.8 bp −$758 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX RENDER-USD | 0.0000% | 1h | 1.8886 | +0.478% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8845 | +0.259% | $11K | $30K | 25x | as long as short |
| Injective RENDER/USDC PERP | +0.0036% | 1h | 1.8810 | +0.073% | $6K | $188K | 12x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8882 | +0.454% | $12.5M | $45.0M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8871 | +0.397% | $12.1M | $12.7M | 50x | as long as short |
| OKX RENDER-USDT-SWAP | +0.0100% | 4h | 1.8890 | +0.498% | $3.2M | $8.1M | 20x | as long as short |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8885 | +0.472% | $595K | $1.2M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8880 | +0.445% | $11.4M | $10.7M | 200x | as long as short |
| KuCoin RENDERUSDTMshort | +0.0100% | 4h | 1.8890 | +0.498% | $5.2M | $11.8M | 50x | |
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8897 | +0.536% | $10.2M | $10.3M | 50x | as long as short |
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Injective RENDER/USDC PERP
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 | 1.8880 | +0.445% | — | $3.5M | — | as long as short |
| Variational Omni RENDERlong | +0.0100% | 4h | 1.8796 | long leg | $232K | $276K | — | |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8840 | +0.232% | $1.9M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8861 | +0.343% | $28K | $203K | 10x | as long as short |
| Aster RENDERUSDT | +0.0122% | 4h | 1.8907 | +0.588% | $273K | $139K | 20x | as long as short |
| Phoenix RENDER | +0.0259% | 1h | 1.8821 | +0.131% | $48K | $246K | 5x | as long as short |
| ApeX Omni RENDERUSDT | +0.0276% | 1h | 1.8799 | +0.014% | $47K | $252K | 50x | as long as short |
| BloFin RENDER-USDT | +0.0340% | 4h | 1.8860 | +0.339% | $585K | $1.1M | 90x | as long as short |
| GMX RENDER/USD [ETH-USDC] | L +0.0369% / S −0.0912% | 1h | 1.8839 | +0.228% | $16K | — | 100x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0456% | 1h | 1.8880 | +0.445% | $153K | $53K | 50x | as long as short |
| Hyperliquid RENDER | +0.0946% | 1h | 1.8917 | +0.642% | $4.3M | $3.2M | 5x | as long as short |
| Kraken Futures PF_RENDERUSD | +0.1417% | 1h | 1.8873 | +0.409% | $492K | $1.0M | 50x | as long as short |
BingX RENDER-USDT
Phemex RENDERUSDT
Extended RENDER-USD
Aster RENDERUSDT
Phoenix RENDER
ApeX Omni RENDERUSDT
BloFin RENDER-USDT
GMX RENDER/USD [ETH-USDC]
Coinbase International RENDER-PERP-INTX
Hyperliquid RENDER
Kraken Futures PF_RENDERUSD