RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0194%/8h= −21.3% APRnext payment −$0.97 per $10,000 · paid last 24h −0.130%

Price spread now: OKX against Binance+0.003%7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$770.767% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.233%−$23 on $10k

Price spread, last 7 days+0.010%+$1 · spread now +0.003%, 7d avg −0.028%

Together, before fees−0.223%−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.031% dearer against Binance than usual: you sell high and buy low (spread +0.003% now, against its 7-day average of −0.028%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance RIVERUSDT	1.2810	0.0417	pay 0.0209% / 4h	1h 16m	$6.1M	$10.8M	50x
Short	OKX RIVER-USDT-SWAP	1.2810	0.0223	get 0.0112% / 4h	1h 16m	$2.1M	$3.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.003%Rate

Funding earned: −$40.77
Price spread: +0.003% → −0.028%: $3.15
Slippage, 4 orders: −$56.7
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$114.33
Costs to cover: 0.767%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; OKX: live order book, 1 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, 9 min ago	3.91 bp	18.4 bp −$18	100.6 bp −$1,006	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	3.90 bp	19.7 bp −$20	149.4 bp −$1,494	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	1.2810	+0.003%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2790	−0.153%	$2.5M	$3.0M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2828	+0.141%	$43K	$20K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2862	+0.412%	$37K	$447K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2790	−0.153%	$2K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2880	+0.550%	$48K	$67K	20x	as long as short
OKX RIVER-USDT-SWAPshort	+0.0223%	4h	1.2810	+0.003%	$2.1M	$3.8M	20x
Kraken Futures PF_RIVERUSD	+0.0309%	1h	1.2805	−0.038%	$58K	$70K	10x	as long as short
Gate RIVER_USDT	+0.0412%	4h	1.2810	+0.003%	$433K	$102K	20x	as long as short
Binance RIVERUSDTlong	+0.0417%	4h	1.2810	long leg	$6.1M	$10.8M	50x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC RIVER_USDT	+0.0422%	4h	1.2790	−0.153%	$3.9M	$1.6M	50x	as long as short
BloFin RIVER-USDT	+0.0432%	4h	1.2820	+0.081%	$429K	$33K	50x	as long as short
Bybit RIVERUSDT	+0.0445%	4h	1.2790	−0.153%	$3.9M	$1.7M	25x	as long as short
BingX RIVER-USDT	+0.0614%	4h	1.2810	+0.003%	—	$6.8M	—	as long as short
Bitget RIVERUSDT	+0.0642%	4h	1.2800	−0.075%	$3.0M	$1.9M	20x	as long as short
Aster RIVERUSDT	+0.0896%	4h	1.2787	−0.180%	$73K	$29K	10x	as long as short