Funding you earn now, next payment 04:00 UTC−0.0209%/8h= −22.9% APRnext payment −$1.04 per $10,000 · paid last 24h +0.116%
Price spread now: Bybit against Bitget+0.238%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1571.573% of the position
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 7 days−0.332%−$33 · spread now +0.238%, 7d avg +0.031%
=The price spread pays, funding is against you. Bybit is 0.207% dearer against Bitget than usual: you sell high and buy low (spread +0.238% now, against its 7-day average of +0.031%): +$21 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.141%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.141% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.04 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 | 1.2610 | 0.0558 | pay 0.0279% / 4h | 57m 28s | $3.0M | $2.0M | 20x |
| Short | Bybit RIVERUSDT | 1.2640 | 0.0349 | get 0.0175% / 4h | 57m 28s | $3.8M | $1.7M | 25x |
Bitget RIVERUSDT
Bybit RIVERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$43.85
- Price spread: +0.238% → +0.031%
- $20.65
- Slippage, 4 orders
- −$134.32
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$180.52
- Costs to cover
- 1.573%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago | 3.96 bp | 22.1 bp −$22 | 386.4 bp −$3,864 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 7.91 bp | 58.8 bp −$59 | 611.4 bp −$6,114 | 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 | 1.2590 | −0.159% | $41K | $14K | 3x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2620 | +0.079% | $2.5M | $3.0M | 50x | as long as short |
| Variational Omni RIVER | +0.0100% | 4h | 1.2647 | +0.297% | $42K | $20K | — | as long as short |
| GRVT RIVER_USDT_Perp | +0.0100% | 4h | 1.2675 | +0.512% | $29K | $452K | 10x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2600 | −0.079% | $2K | $1.1M | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2670 | +0.476% | $47K | $67K | 20x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0222% | 4h | 1.2650 | +0.317% | $2.0M | $3.8M | 20x | as long as short |
| Gate RIVER_USDT | +0.0294% | 4h | 1.2630 | +0.159% | $427K | $102K | 20x | as long as short |
| Bybit RIVERUSDTshort | +0.0349% | 4h | 1.2640 | +0.238% | $3.8M | $1.7M | 25x | |
| MEXC RIVER_USDT | +0.0380% | 4h | 1.2610 | 0.000% | $3.7M | $1.6M | 50x | as long as short |
Lighter RIVER
KuCoin RIVERUSDTM
Variational Omni RIVER
GRVT RIVER_USDT_Perp
SunX RIVER-USDT
HTX RIVER-USDT
OKX RIVER-USDT-SWAP
Gate RIVER_USDT
MEXC RIVER_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance RIVERUSDT | +0.0382% | 4h | 1.2637 | +0.213% | $6.1M | $11.0M | 50x | as long as short |
| BloFin RIVER-USDT | +0.0438% | 4h | 1.2650 | +0.317% | $428K | $32K | 50x | as long as short |
| BingX RIVER-USDT | +0.0538% | 4h | 1.2640 | +0.238% | — | $6.8M | — | as long as short |
| Bitget RIVERUSDTlong | +0.0558% | 4h | 1.2610 | long leg | $3.0M | $2.0M | 20x | |
| Kraken Futures PF_RIVERUSD | +0.0640% | 1h | 1.2639 | +0.228% | $57K | $70K | 10x | as long as short |
| Aster RIVERUSDT | +0.0822% | 4h | 1.2599 | −0.085% | $72K | $29K | 10x | as long as short |
Binance RIVERUSDT
BloFin RIVER-USDT
BingX RIVER-USDT
Kraken Futures PF_RIVERUSD
Aster RIVERUSDT