RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.28 per $10,000 · paid last 24h +0.007%

Price spread now: BloFin against Binance−0.394%71s7-day average +0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as 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−$760.763% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 3 days (all we have)+1.189%+$119 · spread now −0.394%, 7d avg +0.040%

Together, before fees+1.207%+$121 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.434% cheaper against Binance than usual: you would sell low and buy high (spread −0.394% now, against its 7-day average of +0.040%). If the spread goes back, that is −$43 on $10k: about 26 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.018% in total) that is about 6 months. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance RIVERUSDT	1.2680	0.0524	pay 0.0262% / 4h	2h 50m	$6.0M	$10.3M	50x
Short	BloFin RIVER-USDT	1.2630	0.0580	get 0.0290% / 4h	2h 50m	$414K	$35K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BloFinbpOrdersPrice spread, now −0.394%Rate

Funding earned: $11.89
Price spread: −0.394% → +0.040%: −$43.39
Slippage, 4 orders: −$54.31
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$107.81
Costs to cover: 0.763%
Break-even: 70.5 days

Slippage from Binance: live order book, 5 min ago; BloFin: live order book, 35 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, 5 min ago	3.97 bp	16.6 bp −$17	74.4 bp −$744	doesn't fit	doesn't fit
Sell BloFin live order book, 35 min ago	11.85 bp	17.9 bp −$18	32.6 bp −$326	310.8 bp −$31.1K	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	1.2670	−0.079%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2680	0.000%	$2.0M	$3.8M	20x	as long as short
Gate RIVER_USDT	+0.0100%	4h	1.2670	−0.079%	$420K	$107K	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2660	−0.158%	$2.4M	$2.1M	50x	as long as short
Bitget RIVERUSDT	+0.0100%	4h	1.2670	−0.079%	$3.0M	$1.9M	20x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2642	−0.301%	$34K	$454K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2650	−0.237%	$2K	$937K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2680	0.000%	$48K	$95K	20x	as long as short
Aster RIVERUSDT	+0.0470%	4h	1.2654	−0.205%	$73K	$31K	10x	as long as short
Kraken Futures PF_RIVERUSD	+0.0480%	1h	1.2681	+0.006%	$56K	$64K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC RIVER_USDT	+0.0520%	4h	1.2670	−0.079%	$3.5M	$1.5M	50x	as long as short
Binance RIVERUSDTlong	+0.0524%	4h	1.2680	long leg	$6.0M	$10.3M	50x
BloFin RIVER-USDTshort	+0.0580%	4h	1.2630	−0.394%	$414K	$35K	50x
Variational Omni RIVER	+0.1176%	4h	1.2675	−0.039%	$42K	$20K	—	as long as short
BingX RIVER-USDT	+0.1562%	4h	1.2670	−0.079%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.1704%	4h	1.2680	0.000%	$3.8M	$1.7M	25x	as long as short