RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0058%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h −0.024%

Price spread now: Bybit against BingX−0.079%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$140as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1251.253% of the position

Long on BingX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.146%−$15 on $10k

Price spread, last 7 days+0.024%+$2 · spread now −0.079%, 7d avg −0.030%

Together, before fees−0.122%−$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.049% cheaper against BingX than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of −0.030%). If the spread goes back, that is −$5 on $10k: about 2.8 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.146%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX RIVER-USDT	1.2690	0.1378	pay 0.0689% / 4h	1h 02m	—	$6.8M	—
Short	Bybit RIVERUSDT	1.2680	0.1436	get 0.0718% / 4h	1h 02m	$3.8M	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.079%Rate

Funding earned: $12.1
Price spread: −0.079% → −0.030%: −$4.9
Slippage, 4 orders: −$104.26
Fee BingX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$118.06
Costs to cover: 1.253%
Break-even: 75.3 days

Slippage from BingX: live order book, 1 min ago; Bybit: live order book, 10 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, 1 min ago	7.89 bp	16.0 bp −$16	71.7 bp −$717	doesn't fit	doesn't fit
Sell Bybit live order book, 10 min ago	3.95 bp	42.6 bp −$43	476.3 bp −$4,763	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	−0.079%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2680	−0.079%	$2.0M	$3.7M	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2670	−0.158%	$2.4M	$2.1M	50x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2660	−0.236%	$2K	$963K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2710	+0.158%	$48K	$95K	20x	as long as short
GRVT RIVER_USDT_Perp	+0.0130%	4h	1.2687	−0.026%	$39K	$415K	10x	as long as short
Bitget RIVERUSDT	+0.0278%	4h	1.2670	−0.158%	$3.0M	$1.9M	20x	as long as short
Gate RIVER_USDT	+0.0382%	4h	1.2660	−0.236%	$421K	$109K	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0561%	1h	1.2689	−0.004%	$58K	$62K	10x	as long as short
Aster RIVERUSDT	+0.0581%	4h	1.2671	−0.154%	$73K	$29K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin RIVER-USDT	+0.0659%	4h	1.2690	0.000%	$417K	$33K	50x	as long as short
MEXC RIVER_USDT	+0.0670%	4h	1.2680	−0.079%	$3.7M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0671%	4h	1.2694	+0.028%	$6.1M	$10.2M	50x	as long as short
Variational Omni RIVER	+0.1137%	4h	1.2673	−0.132%	$42K	$20K	—	as long as short
BingX RIVER-USDTlong	+0.1378%	4h	1.2690	long leg	—	$6.8M	—
Bybit RIVERUSDTshort	+0.1436%	4h	1.2680	−0.079%	$3.8M	$1.7M	25x