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

RIVER

all RIVER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.85 per $10,000 · paid last 24h −0.107%
Price spread now: Gate against Bitget−0.078%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,349as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,309as in the Price arb table
costs, in and out, $10k−$2,29822.977% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.517%−$52 on $10k
Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.078%, 7d avg +0.037%
Together, before fees−0.391%−$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.115% cheaper against Bitget than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of +0.037%). If the spread goes back, that is −$12 on $10k: about 2.3 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.517%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget RIVERUSDT1.27400.0242pay 0.0121% / 4h2h 51m$3.0M$2.0M20x
ShortGate RIVER_USDT1.27300.0412get 0.0206% / 4h2h 51m$426K$100K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$35.7
Price spread: −0.078% → +0.037%
−$11.55
Slippage, 4 orders
−$2,270.73
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$2,273.58
Costs to cover
22.977%
Break-even
452.8 days
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 14 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, 1 min ago3.92 bp21.7 bp −$22401.7 bp −$4,017doesn't fitdoesn't fit
Sell Gate live order book, 14 min ago7.82 bp603.9 bp −$604doesn'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%1h1.27400.000%$41K$17K3xas long as short
OKX RIVER-USDT-SWAP+0.0100%4h1.2750+0.078%$2.1M$3.8M20xas long as short
KuCoin RIVERUSDTM+0.0100%4h1.2730−0.078%$2.5M$2.6M50xas long as short
GRVT RIVER_USDT_Perp+0.0100%4h1.2690−0.392%$37K$438K10xas long as short
SunX RIVER-USDT+0.0100%4h1.2720−0.157%$2K$1.0M20xas long as short
HTX RIVER-USDT+0.0100%4h1.2700−0.314%$48K$94K20xas long as short
Bitget RIVERUSDTlong+0.0242%4h1.2740long leg$3.0M$2.0M20x
Variational Omni RIVER+0.0392%4h1.2668−0.565%$42K$20Kas long as short
Gate RIVER_USDTshort+0.0412%4h1.2730−0.078%$426K$100K20x
BloFin RIVER-USDT+0.0526%4h1.2720−0.157%$428K$33K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC RIVER_USDT+0.0546%4h1.2750+0.078%$3.7M$1.5M50xas long as short
Binance RIVERUSDT+0.0551%4h1.2759+0.146%$6.1M$10.7M50xas long as short
Aster RIVERUSDT+0.0729%4h1.2720−0.157%$73K$29K10xas long as short
Bybit RIVERUSDT+0.1121%4h1.27400.000%$3.8M$1.7M25xas long as short
BingX RIVER-USDT+0.1156%4h1.2750+0.078%$6.8Mas long as short
Kraken Futures PF_RIVERUSD+0.1255%1h1.2755+0.120%$57K$70K10xas long as short