RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0312%/8h= −34.2% APRnext payment −$1.56 per $10,000 · paid last 24h −0.223%

Price spread now: GRVT against BingX+0.236%69s7-day average −0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs−$172as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$900.904% of the position

Long on BingX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.816%−$82 on $10k

Price spread, last 4 days (all we have)−0.288%−$29 · spread now +0.236%, 7d avg −0.078%

Together, before fees−1.104%+ Points / potential airdropGRVT: Active · farm board−$110 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.314% dearer against BingX than usual: you sell high and buy low (spread +0.236% now, against its 7-day average of −0.078%): +$31 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 3.4 days. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX RIVER-USDT	1.2690	0.0412	pay 0.0206% / 4h	1h 08m	—	$6.8M	—
Short	GRVT RIVER_USDT_Perp	1.2720	0.0100	get 0.0050% / 4h	1h 08m	$27K	$466K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.236%Rate

Funding earned: −$65.52
Price spread: +0.236% → −0.078%: $31.4
Slippage, 4 orders: −$71.38
Fee BingX: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$124.5
Costs to cover: 0.904%
Break-even: never at this rate

Slippage from BingX: live order book, 14 min ago; GRVT: live order book, 34 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, 14 min ago	7.86 bp	12.9 bp −$13	65.5 bp −$655	doesn't fit	doesn't fit
Sell GRVT live order book, 34 min ago	11.80 bp	23.4 bp −$23	145.2 bp −$1,452	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
Kraken Futures PF_RIVERUSD	−0.0719%	1h	1.2682	−0.061%	$53K	$88K	10x	as long as short
Lighter RIVER	+0.0096%	1h	1.2680	−0.079%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2670	−0.158%	$2.5M	$4.0M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2698	+0.060%	$43K	$3K	—	as long as short
GRVT RIVER_USDT_Perpshort	+0.0100%	4h	1.2720	+0.236%	$27K	$466K	10x
SunX RIVER-USDT	+0.0100%	4h	1.2660	−0.236%	$2K	$1.2M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2730	+0.315%	$49K	$71K	20x	as long as short
Gate RIVER_USDT	+0.0174%	4h	1.2690	0.000%	$427K	$103K	20x	as long as short
Bybit RIVERUSDT	+0.0195%	4h	1.2680	−0.079%	$3.9M	$1.7M	25x	as long as short
Bitget RIVERUSDT	+0.0204%	4h	1.2670	−0.158%	$3.0M	$2.4M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX RIVER-USDT-SWAP	+0.0209%	4h	1.2690	0.000%	$2.1M	$4.1M	20x	as long as short
BloFin RIVER-USDT	+0.0389%	4h	1.2730	+0.315%	$393K	$31K	50x	as long as short
BingX RIVER-USDTlong	+0.0412%	4h	1.2690	long leg	—	$6.8M	—
MEXC RIVER_USDT	+0.0440%	4h	1.2680	−0.079%	$3.7M	$1.7M	50x	as long as short
Binance RIVERUSDT	+0.0443%	4h	1.2682	−0.061%	$6.1M	$12.0M	50x	as long as short
Aster RIVERUSDT	+0.0556%	4h	1.2684	−0.048%	$71K	$28K	10x	as long as short