Funding you earn now, next payment 00:00 UTC−0.1446%/8h= −158.3% APRnext payment −$7.23 per $10,000 · paid last 24h −0.230%
Price spread now: SunX against BingX−0.079%7-day average −0.193% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.761%−$76 on $10k
+Price spread, last 3 days (all we have)+0.476%+$48 · spread now −0.079%, 7d avg −0.193%
=The price spread pays, funding is against you. SunX is 0.114% dearer against BingX than usual: you sell high and buy low (spread −0.079% now, against its 7-day average of −0.193%): +$11 on $10k if it goes back. Holding the pair costs −$43 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.761% in total) that is about 25 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.761% in total (about -39.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RIVER-USDT | 1.2620 | 0.1546 | pay 0.0773% / 4h | 2h 57m | — | $6.8M | — |
| Short | SunX RIVER-USDT | 1.2610 | 0.0100 | get 0.0050% / 4h | 2h 57m | $1K | $937K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$303.66
- Price spread: −0.079% → −0.193%
- $11.35
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$310.31
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 10 min ago; SunX: live order book, 24 min ago. Net counts fees only.
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, 10 min ago | 7.91 bp | 13.8 bp −$14 | 62.3 bp −$623 | doesn't fit | doesn't fit |
| Sell SunX live order book, 24 min ago | 499.21 bp | doesn't fit | 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 | 1.2620 | 0.000% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2610 | −0.079% | $2.0M | $3.8M | 20x | as long as short |
| Gate RIVER_USDT | +0.0100% | 4h | 1.2620 | 0.000% | $418K | $106K | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2610 | −0.079% | $2.4M | $2.1M | 50x | as long as short |
| Bitget RIVERUSDT | +0.0100% | 4h | 1.2610 | −0.079% | $3.0M | $1.9M | 20x | as long as short |
| SunX RIVER-USDTshort | +0.0100% | 4h | 1.2610 | −0.079% | $1K | $937K | 20x | |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2650 | +0.238% | $48K | $96K | 20x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0104% | 4h | 1.2633 | +0.100% | $34K | $454K | 10x | as long as short |
| Aster RIVERUSDT | +0.0452% | 4h | 1.2623 | +0.025% | $72K | $31K | 10x | as long as short |
| Kraken Futures PF_RIVERUSD | +0.0482% | 1h | 1.2627 | +0.057% | $56K | $64K | 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 | +0.0512% | 4h | 1.2620 | 0.000% | $413K | $35K | 50x | as long as short |
| MEXC RIVER_USDT | +0.0516% | 4h | 1.2620 | 0.000% | $3.5M | $1.5M | 50x | as long as short |
| Binance RIVERUSDT | +0.0517% | 4h | 1.2623 | +0.027% | $6.0M | $10.4M | 50x | as long as short |
| Variational Omni RIVER | +0.1148% | 4h | 1.2645 | +0.200% | $42K | $20K | — | as long as short |
| BingX RIVER-USDTlong | +0.1546% | 4h | 1.2620 | long leg | — | $6.8M | — | |
| Bybit RIVERUSDT | +0.1632% | 4h | 1.2620 | 0.000% | $3.8M | $1.7M | 25x | as long as short |
BingX RIVER-USDT
SunX RIVER-USDT
Lighter RIVER
OKX RIVER-USDT-SWAP
Gate RIVER_USDT
KuCoin RIVERUSDTM
Bitget RIVERUSDT
HTX RIVER-USDT
GRVT RIVER_USDT_Perp
Aster RIVERUSDT
Kraken Futures PF_RIVERUSD
BloFin RIVER-USDT
MEXC RIVER_USDT
Binance RIVERUSDT
Variational Omni RIVER
Bybit RIVERUSDT