Funding you earn now, next payment 00:00 UTC+0.0410%/8h= +44.9% APRnext payment +$2.05 per $10,000 · paid last 24h +0.030%
Price spread now: Binance against Bitget+0.137%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$660.657% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 7 days−0.123%−$12 · spread now +0.137%, 7d avg +0.070%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.067% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.070%. Mind the row above: over the last 7 days funding on this pair cost −0.128%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.128% in total (about -6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.05 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 | Bitget RIVERUSDT | 1.2740 | 0.0262 | pay 0.0131% / 4h | 1h 41m | $3.0M | $1.9M | 20x |
| Short | Binance RIVERUSDT | 1.2757 | 0.0672 | get 0.0336% / 4h | 1h 41m | $6.1M | $10.2M | 50x |
Bitget RIVERUSDT
Binance RIVERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $86.09
- Price spread: +0.137% → +0.070%
- $6.7
- Slippage, 4 orders
- −$43.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $27.12
- Costs to cover
- 0.657%
- Break-even
- 4.8 days
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 13 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 Bitget live order book, 1 min ago | 3.93 bp | 18.4 bp −$18 | 347.6 bp −$3,476 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 3.93 bp | 14.9 bp −$15 | 57.1 bp −$571 | 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 | 1.2740 | 0.000% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2750 | +0.078% | $2.1M | $3.8M | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2730 | −0.078% | $2.5M | $2.0M | 50x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0100% | 4h | 1.2699 | −0.326% | $39K | $415K | 10x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2690 | −0.392% | $1K | $949K | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2740 | 0.000% | $49K | $95K | 20x | as long as short |
| Bitget RIVERUSDTlong | +0.0262% | 4h | 1.2740 | long leg | $3.0M | $1.9M | 20x | |
| Gate RIVER_USDT | +0.0406% | 4h | 1.2730 | −0.078% | $422K | $106K | 20x | as long as short |
| Kraken Futures PF_RIVERUSD | +0.0558% | 1h | 1.2745 | +0.037% | $57K | $61K | 10x | as long as short |
| Aster RIVERUSDT | +0.0651% | 4h | 1.2720 | −0.158% | $73K | $29K | 10x | as long as short |
Lighter RIVER
OKX RIVER-USDT-SWAP
KuCoin RIVERUSDTM
GRVT RIVER_USDT_Perp
SunX RIVER-USDT
HTX RIVER-USDT
Gate RIVER_USDT
Kraken Futures PF_RIVERUSD
Aster RIVERUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC RIVER_USDT | +0.0668% | 4h | 1.2740 | 0.000% | $3.7M | $1.5M | 50x | as long as short |
| Binance RIVERUSDTshort | +0.0672% | 4h | 1.2757 | +0.137% | $6.1M | $10.2M | 50x | |
| BloFin RIVER-USDT | +0.0678% | 4h | 1.2720 | −0.157% | $421K | $33K | 50x | as long as short |
| Variational Omni RIVER | +0.1119% | 4h | 1.2684 | −0.441% | $42K | $20K | — | as long as short |
| BingX RIVER-USDT | +0.1482% | 4h | 1.2750 | +0.078% | — | $6.8M | — | as long as short |
| Bybit RIVERUSDT | +0.1612% | 4h | 1.2750 | +0.078% | $3.8M | $1.7M | 25x | as long as short |
MEXC RIVER_USDT
BloFin RIVER-USDT
Variational Omni RIVER
BingX RIVER-USDT
Bybit RIVERUSDT