RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.23 per $10,000 · paid last 24h +0.069%

Price spread now: Bybit against Binance−0.023%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$137as in the Funding arb table

Net, price: spread back to 7d avg − costs−$160as in the Price arb table

costs, in and out, $10k−$1621.621% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.253%+$25 on $10k

Price spread, last 7 days−0.043%−$4 · spread now −0.023%, 7d avg −0.040%

Together, before fees+0.210%+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.253%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance RIVERUSDT	1.2683	0.0394	pay 0.0197% / 4h	55m 01s	$6.1M	$11.0M	50x
Short	Bybit RIVERUSDT	1.2680	0.0347	get 0.0174% / 4h	55m 01s	$3.8M	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$9.8
Price spread: −0.023% → −0.040%: $1.63
Slippage, 4 orders: −$141.1
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$170.27
Costs to cover: 1.621%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 2 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, 15 min ago	3.92 bp	19.4 bp −$19	89.4 bp −$894	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	3.95 bp	61.2 bp −$61	624.3 bp −$6,243	doesn't fit	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	1.2680	−0.023%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2670	−0.102%	$2.5M	$3.0M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2683	0.000%	$42K	$20K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2678	−0.042%	$29K	$452K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2660	−0.181%	$2K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2670	−0.102%	$47K	$67K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0226%	4h	1.2680	−0.023%	$2.1M	$3.8M	20x	as long as short
Gate RIVER_USDT	+0.0286%	4h	1.2680	−0.023%	$428K	$102K	20x	as long as short
Bybit RIVERUSDTshort	+0.0347%	4h	1.2680	−0.023%	$3.8M	$1.7M	25x
MEXC RIVER_USDT	+0.0378%	4h	1.2670	−0.102%	$3.7M	$1.6M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance RIVERUSDTlong	+0.0394%	4h	1.2683	long leg	$6.1M	$11.0M	50x
BloFin RIVER-USDT	+0.0430%	4h	1.2700	+0.134%	$430K	$32K	50x	as long as short
BingX RIVER-USDT	+0.0538%	4h	1.2680	−0.023%	—	$6.8M	—	as long as short
Bitget RIVERUSDT	+0.0558%	4h	1.2660	−0.181%	$3.0M	$2.0M	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0638%	1h	1.2672	−0.085%	$57K	$70K	10x	as long as short
Aster RIVERUSDT	+0.0834%	4h	1.2688	+0.039%	$73K	$29K	10x	as long as short