RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0437%/8h= −47.9% APRnext payment −$2.19 per $10,000 · paid last 24h −0.085%

Price spread now: BloFin against BingX−0.235%7-day average +0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$770.768% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.375%−$37 on $10k

Price spread, last 3 days (all we have)+0.298%+$30 · spread now −0.235%, 7d avg +0.034%

Together, before fees−0.076%−$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and BloFin is 0.268% cheaper against BingX than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.034%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX RIVER-USDT	1.2780	0.0988	pay 0.0494% / 4h	3h 18m	—	$6.8M	—
Short	BloFin RIVER-USDT	1.2750	0.0551	get 0.0275% / 4h	3h 18m	$421K	$33K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.235%Rate

Funding earned: −$91.85
Price spread: −0.235% → +0.034%: −$26.83
Slippage, 4 orders: −$54.81
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$195.49
Costs to cover: 0.768%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 52 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, 4 min ago	7.84 bp	16.0 bp −$16	64.8 bp −$648	doesn't fit	doesn't fit
Sell BloFin live order book, 52 min ago	3.95 bp	15.1 bp −$15	45.1 bp −$451	350.6 bp −$35.1K	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	1.2810	+0.235%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2770	−0.078%	$2.1M	$3.8M	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2800	+0.156%	$2.5M	$2.4M	50x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2740	−0.313%	$35K	$437K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2790	+0.078%	$2K	$1.0M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2770	−0.078%	$49K	$94K	20x	as long as short
Bitget RIVERUSDT	+0.0218%	4h	1.2780	0.000%	$3.0M	$1.9M	20x	as long as short
Variational Omni RIVER	+0.0308%	4h	1.2753	−0.212%	$43K	$20K	—	as long as short
Gate RIVER_USDT	+0.0424%	4h	1.2780	0.000%	$430K	$112K	20x	as long as short
MEXC RIVER_USDT	+0.0542%	4h	1.2800	+0.156%	$3.8M	$1.5M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance RIVERUSDT	+0.0542%	4h	1.2790	+0.078%	$6.1M	$10.5M	50x	as long as short
BloFin RIVER-USDTshort	+0.0551%	4h	1.2750	−0.235%	$421K	$33K	50x
Aster RIVERUSDT	+0.0644%	4h	1.2802	+0.173%	$73K	$31K	10x	as long as short
Kraken Futures PF_RIVERUSD	+0.0782%	1h	1.2810	+0.237%	$58K	$71K	10x	as long as short
BingX RIVER-USDTlong	+0.0988%	4h	1.2780	long leg	—	$6.8M	—
Bybit RIVERUSDT	+0.1110%	4h	1.2770	−0.078%	$3.8M	$1.7M	25x	as long as short