Settings8H · net · $10k
Funding arb · Price arb /

RIVER

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.284%−$28 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RIVER-USDT1.26200.1546pay 0.0773% / 4h2h 57m$6.8M
ShortSunX RIVER-USDT1.26100.0100get 0.0050% / 4h2h 57m$1K$937K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 10 min ago7.91 bp13.8 bp −$1462.3 bp −$623doesn't fitdoesn't fit
Sell SunX live order book, 24 min ago499.21 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

RIVER on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RIVER+0.0096%1h1.26200.000%$41K$17K3xas long as short
OKX RIVER-USDT-SWAP+0.0100%4h1.2610−0.079%$2.0M$3.8M20xas long as short
Gate RIVER_USDT+0.0100%4h1.26200.000%$418K$106K20xas long as short
KuCoin RIVERUSDTM+0.0100%4h1.2610−0.079%$2.4M$2.1M50xas long as short
Bitget RIVERUSDT+0.0100%4h1.2610−0.079%$3.0M$1.9M20xas long as short
SunX RIVER-USDTshort+0.0100%4h1.2610−0.079%$1K$937K20x
HTX RIVER-USDT+0.0100%4h1.2650+0.238%$48K$96K20xas long as short
GRVT RIVER_USDT_Perp+0.0104%4h1.2633+0.100%$34K$454K10xas long as short
Aster RIVERUSDT+0.0452%4h1.2623+0.025%$72K$31K10xas long as short
Kraken Futures PF_RIVERUSD+0.0482%1h1.2627+0.057%$56K$64K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin RIVER-USDT+0.0512%4h1.26200.000%$413K$35K50xas long as short
MEXC RIVER_USDT+0.0516%4h1.26200.000%$3.5M$1.5M50xas long as short
Binance RIVERUSDT+0.0517%4h1.2623+0.027%$6.0M$10.4M50xas long as short
Variational Omni RIVER+0.1148%4h1.2645+0.200%$42K$20Kas long as short
BingX RIVER-USDTlong+0.1546%4h1.2620long leg$6.8M
Bybit RIVERUSDT+0.1632%4h1.26200.000%$3.8M$1.7M25xas long as short