RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0138%/8h= −15.1% APRnext payment −$0.69 per $10,000 · paid last 24h −0.089%

Price spread now: MEXC against BingX−0.079%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$560.559% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.396%−$40 on $10k

Price spread, last 7 days+0.092%+$9 · spread now −0.079%, 7d avg −0.025%

Together, before fees−0.304%−$30 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.054% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.025%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX RIVER-USDT	1.2630	0.0526	pay 0.0263% / 4h	52m 27s	—	$6.8M	—
Short	MEXC RIVER_USDT	1.2620	0.0388	get 0.0194% / 4h	52m 27s	$3.7M	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.079%Rate

Funding earned: −$28.98
Price spread: −0.079% → −0.025%: −$5.42
Slippage, 4 orders: −$45.95
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$90.34
Costs to cover: 0.559%
Break-even: never at this rate

Slippage from BingX: live order book, 15 min ago; MEXC: live order book, 4 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, 15 min ago	7.87 bp	17.9 bp −$18	70.4 bp −$704	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	3.94 bp	8.1 bp −$8	29.6 bp −$296	182.6 bp −$18.3K	597.4 bp −$298.7K

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	1.2620	−0.079%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2630	0.000%	$2.5M	$3.1M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2683	+0.419%	$42K	$20K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2678	+0.377%	$29K	$452K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2640	+0.079%	$1K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2710	+0.633%	$47K	$67K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0220%	4h	1.2620	−0.079%	$2.0M	$3.8M	20x	as long as short
Gate RIVER_USDT	+0.0272%	4h	1.2640	+0.079%	$427K	$102K	20x	as long as short
Bybit RIVERUSDT	+0.0320%	4h	1.2610	−0.158%	$3.8M	$1.7M	25x	as long as short
BloFin RIVER-USDT	+0.0370%	4h	1.2690	+0.475%	$427K	$32K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC RIVER_USDTshort	+0.0388%	4h	1.2620	−0.079%	$3.7M	$1.6M	50x
Binance RIVERUSDT	+0.0390%	4h	1.2628	−0.016%	$6.0M	$11.0M	50x	as long as short
BingX RIVER-USDTlong	+0.0526%	4h	1.2630	long leg	—	$6.8M	—
Bitget RIVERUSDT	+0.0542%	4h	1.2620	−0.079%	$3.0M	$2.0M	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0639%	1h	1.2662	+0.255%	$57K	$70K	10x	as long as short
Aster RIVERUSDT	+0.0833%	4h	1.2649	+0.148%	$72K	$29K	10x	as long as short