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

RIVER

all RIVER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.044%
Price spread now: BloFin against Bitget+0.078%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$820.817% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.106%−$11 on $10k
Price spread, last 4 days (all we have)+0.240%+$24 · spread now +0.078%, 7d avg +0.107%
Together, before fees+0.134%+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.029% cheaper against Bitget than usual: you would sell low and buy high (spread +0.078% now, against its 7-day average of +0.107%). If the spread goes back, that is −$3 on $10k: about 9.7 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget RIVERUSDT1.28100.0454pay 0.0227% / 4h3h 32m$3.0M$2.2M20x
ShortBloFin RIVER-USDT1.28200.0464get 0.0232% / 4h3h 32m$413K$33K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$2.1
Price spread: +0.078% → +0.107%
−$2.91
Slippage, 4 orders
−$57.74
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$82.55
Costs to cover
0.817%
Break-even
281.7 days
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago3.90 bp17.8 bp −$18351.1 bp −$3,511doesn't fitdoesn't fit
Sell BloFin live order book, 63 min ago11.95 bp21.1 bp −$2147.1 bp −$471329.5 bp −$33.0Kdoesn'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%1h1.2800−0.078%$41K$14K3xas long as short
KuCoin RIVERUSDTM+0.0100%4h1.2800−0.078%$2.5M$3.4M50xas long as short
Variational Omni RIVER+0.0100%4h1.2788−0.174%$43K$4Kas long as short
SunX RIVER-USDT+0.0100%4h1.2780−0.234%$2K$1.1M20xas long as short
HTX RIVER-USDT+0.0100%4h1.2830+0.156%$50K$71K20xas long as short
OKX RIVER-USDT-SWAP+0.0233%4h1.28100.000%$2.1M$4.0M20xas long as short
GRVT RIVER_USDT_Perp+0.0398%4h1.2811+0.007%$30K$459K10xas long as short
Bitget RIVERUSDTlong+0.0454%4h1.2810long leg$3.0M$2.2M20x
BloFin RIVER-USDTshort+0.0464%4h1.2820+0.078%$413K$33K50x
Binance RIVERUSDT+0.0482%4h1.2800−0.078%$6.1M$11.3M50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC RIVER_USDT+0.0486%4h1.2800−0.078%$3.7M$1.6M50xas long as short
Kraken Futures PF_RIVERUSD+0.0612%1h1.2818+0.065%$58K$67K10xas long as short
BingX RIVER-USDT+0.0622%4h1.28100.000%$6.8Mas long as short
Bybit RIVERUSDT+0.0702%4h1.2800−0.078%$3.9M$1.8M25xas long as short
Aster RIVERUSDT+0.0850%4h1.28100.000%$73K$27K10xas long as short
Gate RIVER_USDT+0.0858%4h1.28100.000%$431K$103K20xas long as short