Funding you earn now, next payment 00:00 UTC+0.0943%/8h= +103.2% APRnext payment +$4.71 per $10,000 · paid last 24h +0.083%
Price spread now: BingX against Binance+0.079%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$640.640% of the position
Funding, last 7 days+0.372%+$37 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.079%, 7d avg −0.009%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and BingX is 0.088% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.009%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.372% in total (about 19.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RIVERUSDT | 1.2690 | 0.0633 | pay 0.0317% / 4h | 2h 13m | $6.0M | $10.3M | 50x |
| Short | BingX RIVER-USDT | 1.2700 | 0.1576 | get 0.0788% / 4h | 2h 13m | — | $6.8M | — |
Binance RIVERUSDT
BingX RIVER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $197.93
- Price spread: +0.079% → −0.009%
- $8.79
- Slippage, 4 orders
- −$43.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $142.75
- Costs to cover
- 0.640%
- Break-even
- 2.0 days
Slippage from Binance: live order book, 11 min ago; BingX: live order book, 9 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 Binance live order book, 11 min ago | 3.93 bp | 18.5 bp −$18 | 96.1 bp −$961 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 7.85 bp | 17.7 bp −$18 | 52.0 bp −$520 | 433.1 bp −$43.3K | doesn't fit |
RIVER on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RIVER | +0.0096% | 1h | 1.2700 | +0.079% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2680 | −0.079% | $2.0M | $3.7M | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2680 | −0.079% | $2.5M | $2.0M | 50x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2670 | −0.158% | $1K | $945K | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2700 | +0.079% | $48K | $95K | 20x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0200% | 4h | 1.2710 | +0.158% | $31K | $429K | 10x | as long as short |
| Gate RIVER_USDT | +0.0220% | 4h | 1.2710 | +0.158% | $421K | $108K | 20x | as long as short |
| Bitget RIVERUSDT | +0.0220% | 4h | 1.2680 | −0.079% | $3.0M | $1.9M | 20x | as long as short |
| Kraken Futures PF_RIVERUSD | +0.0479% | 1h | 1.2705 | +0.120% | $56K | $58K | 10x | as long as short |
| BloFin RIVER-USDT | +0.0585% | 4h | 1.2720 | +0.236% | $420K | $36K | 50x | as long as short |
Lighter RIVER
OKX RIVER-USDT-SWAP
KuCoin RIVERUSDTM
SunX RIVER-USDT
HTX RIVER-USDT
GRVT RIVER_USDT_Perp
Gate RIVER_USDT
Bitget RIVERUSDT
Kraken Futures PF_RIVERUSD
BloFin RIVER-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RIVERUSDT | +0.0607% | 4h | 1.2696 | +0.048% | $73K | $29K | 10x | as long as short |
| MEXC RIVER_USDT | +0.0632% | 4h | 1.2690 | 0.000% | $3.5M | $1.5M | 50x | as long as short |
| Binance RIVERUSDTlong | +0.0633% | 4h | 1.2690 | long leg | $6.0M | $10.3M | 50x | |
| Variational Omni RIVER | +0.1129% | 4h | 1.2694 | +0.035% | $42K | $20K | — | as long as short |
| BingX RIVER-USDTshort | +0.1576% | 4h | 1.2700 | +0.079% | — | $6.8M | — | |
| Bybit RIVERUSDT | +0.1653% | 4h | 1.2670 | −0.158% | $3.8M | $1.7M | 25x | as long as short |
Aster RIVERUSDT
MEXC RIVER_USDT
Variational Omni RIVER
Bybit RIVERUSDT