RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0214%/8h= −23.4% APRnext payment −$1.07 per $10,000 · paid last 24h −0.154%

Price spread now: Gate against Binance−0.206%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,331as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,308as in the Price arb table

costs, in and out, $10k−$2,29122.908% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.406%−$41 on $10k

Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.206%, 7d avg −0.038%

Together, before fees−0.317%−$32 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.168% cheaper against Binance than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.038%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance RIVERUSDT	1.2746	0.0476	pay 0.0238% / 4h	2h 11m	$6.1M	$10.8M	50x
Short	Gate RIVER_USDT	1.2720	0.0262	get 0.0131% / 4h	2h 11m	$429K	$103K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.206%Rate

Funding earned: −$44.96
Price spread: −0.206% → −0.038%: −$16.8
Slippage, 4 orders: −$2,265.78
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$2,352.54
Costs to cover: 22.908%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Gate: live order book, 54 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, 13 min ago	3.93 bp	15.3 bp −$15	86.9 bp −$869	doesn't fit	doesn't fit
Sell Gate live order book, 54 min ago	7.82 bp	603.9 bp −$604	doesn't fit	doesn't fit	doesn't fit

RIVER on 15 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	1.2740	−0.050%	$41K	$17K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2730	−0.128%	$2.5M	$2.7M	50x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2731	−0.121%	$33K	$435K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2710	−0.285%	$1K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2740	−0.050%	$48K	$89K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0154%	4h	1.2740	−0.050%	$2.1M	$3.8M	20x	as long as short
Variational Omni RIVER	+0.0218%	4h	1.2718	−0.225%	$43K	$20K	—	as long as short
Gate RIVER_USDTshort	+0.0262%	4h	1.2720	−0.206%	$429K	$103K	20x
Bitget RIVERUSDT	+0.0324%	4h	1.2730	−0.128%	$3.0M	$2.0M	20x	as long as short
Binance RIVERUSDTlong	+0.0476%	4h	1.2746	long leg	$6.1M	$10.8M	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC RIVER_USDT	+0.0478%	4h	1.2740	−0.050%	$3.8M	$1.6M	50x	as long as short
BingX RIVER-USDT	+0.0766%	4h	1.2750	+0.029%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.0787%	4h	1.2740	−0.050%	$3.8M	$1.7M	25x	as long as short
Aster RIVERUSDT	+0.0805%	4h	1.2725	−0.166%	$73K	$29K	10x	as long as short
Kraken Futures PF_RIVERUSD	+0.1256%	1h	1.2743	−0.029%	$57K	$70K	10x	as long as short