RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1410%/8h= −154.4% APRnext payment −$7.05 per $10,000 · paid last 24h −0.113%

Price spread now: Bitget against BingX−0.079%7-day average −0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$680.680% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.244%−$24 on $10k

Price spread, last 7 days+0.051%+$5 · spread now −0.079%, 7d avg −0.060%

Together, before fees−0.193%−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: −$42 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.244% in total (about -12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.05 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	BingX RIVER-USDT	1.2730	0.1614	pay 0.0807% / 4h	2h 19m	—	$6.8M	—
Short	Bitget RIVERUSDT	1.2720	0.0204	get 0.0102% / 4h	2h 19m	$3.0M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now −0.079%Rate

Funding earned: −$296.1
Price spread: −0.079% → −0.060%: −$1.87
Slippage, 4 orders: −$46.02
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$365.99
Costs to cover: 0.680%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; Bitget: live order book, 3 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 BingX live order book, 3 min ago	7.85 bp	16.2 bp −$16	70.1 bp −$701	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	7.86 bp	17.7 bp −$18	194.0 bp −$1,940	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	1.2730	0.000%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2730	0.000%	$2.0M	$3.8M	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2710	−0.157%	$2.5M	$2.0M	50x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2710	−0.157%	$1K	$944K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2730	0.000%	$49K	$95K	20x	as long as short
GRVT RIVER_USDT_Perp	+0.0186%	4h	1.2720	−0.078%	$32K	$429K	10x	as long as short
Gate RIVER_USDT	+0.0196%	4h	1.2730	0.000%	$422K	$108K	20x	as long as short
Bitget RIVERUSDTshort	+0.0204%	4h	1.2720	−0.079%	$3.0M	$1.9M	20x
Kraken Futures PF_RIVERUSD	+0.0477%	1h	1.2750	+0.160%	$56K	$58K	10x	as long as short
BloFin RIVER-USDT	+0.0575%	4h	1.2730	0.000%	$420K	$36K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster RIVERUSDT	+0.0606%	4h	1.2726	−0.028%	$73K	$31K	10x	as long as short
MEXC RIVER_USDT	+0.0624%	4h	1.2730	0.000%	$3.5M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0631%	4h	1.2720	−0.079%	$6.0M	$10.3M	50x	as long as short
Variational Omni RIVER	+0.1179%	4h	1.2744	+0.112%	$43K	$20K	—	as long as short
BingX RIVER-USDTlong	+0.1614%	4h	1.2730	long leg	—	$6.8M	—
Bybit RIVERUSDT	+0.1658%	4h	1.2720	−0.079%	$3.8M	$1.7M	25x	as long as short