RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0216%/8h= +23.7% APRnext payment +$1.08 per $10,000 · paid last 24h −0.209%

Price spread now: Gate against BingX−0.078%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,383as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,306as in the Price arb table

costs, in and out, $10k−$2,30323.027% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.806%−$81 on $10k

Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.078%, 7d avg −0.043%

Together, before fees−0.728%−$73 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.035% cheaper against BingX than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of −0.043%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.806%, 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	1.2810	0.0622	pay 0.0311% / 4h	3h 34m	—	$6.8M	—
Short	Gate RIVER_USDT	1.2800	0.0838	get 0.0419% / 4h	3h 34m	$431K	$103K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.078%Rate

Funding earned: $45.36
Price spread: −0.078% → −0.043%: −$3.51
Slippage, 4 orders: −$2,277.68
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$2,260.83
Costs to cover: 23.027%
Break-even: 355.9 days

Slippage from BingX: live order book, 3 min ago; Gate: live order book, 16 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	7.81 bp	14.6 bp −$15	68.5 bp −$685	doesn't fit	doesn't fit
Sell Gate live order book, 16 min ago	11.76 bp	446.6 bp −$447	doesn't fit	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	0.000%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2810	0.000%	$2.5M	$3.4M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2788	−0.174%	$43K	$4K	—	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2790	−0.156%	$1K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2810	0.000%	$50K	$71K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0234%	4h	1.2800	−0.078%	$2.1M	$4.0M	20x	as long as short
GRVT RIVER_USDT_Perp	+0.0372%	4h	1.2772	−0.300%	$29K	$459K	10x	as long as short
Bitget RIVERUSDT	+0.0460%	4h	1.2790	−0.156%	$3.0M	$2.2M	20x	as long as short
MEXC RIVER_USDT	+0.0486%	4h	1.2810	0.000%	$3.7M	$1.6M	50x	as long as short
Binance RIVERUSDT	+0.0487%	4h	1.2810	−0.003%	$6.1M	$11.3M	50x	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	+0.0536%	4h	1.2800	−0.078%	$413K	$33K	50x	as long as short
Kraken Futures PF_RIVERUSD	+0.0612%	1h	1.2831	+0.160%	$58K	$67K	10x	as long as short
BingX RIVER-USDTlong	+0.0622%	4h	1.2810	long leg	—	$6.8M	—
Bybit RIVERUSDT	+0.0707%	4h	1.2790	−0.156%	$3.9M	$1.8M	25x	as long as short
Gate RIVER_USDTshort	+0.0838%	4h	1.2800	−0.078%	$431K	$103K	20x
Aster RIVERUSDT	+0.0852%	4h	1.2797	−0.103%	$73K	$27K	10x	as long as short