RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.53 per $10,000 · paid last 24h −0.083%

Price spread now: OKX against Bitget+0.079%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$780.776% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.345%−$35 on $10k

Price spread, last 7 days−0.134%−$13 · spread now +0.079%, 7d avg +0.040%

Together, before fees−0.479%−$48 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.039% dearer against Bitget than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of +0.040%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget RIVERUSDT	1.2690	0.0206	pay 0.0103% / 4h	3h 43m	$3.0M	$1.9M	20x
Short	OKX RIVER-USDT-SWAP	1.2700	0.0100	get 0.0050% / 4h	3h 43m	$2.1M	$3.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BitgetbpFee OKXbpOrdersPrice spread, now +0.079%Rate

Funding earned: −$22.26
Price spread: +0.079% → +0.040%: $3.9
Slippage, 4 orders: −$55.58
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$95.94
Costs to cover: 0.776%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago	3.95 bp	22.4 bp −$22	299.9 bp −$2,999	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	3.95 bp	21.2 bp −$21	102.3 bp −$1,023	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	1.2690	0.000%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAPshort	+0.0100%	4h	1.2700	+0.079%	$2.1M	$3.8M	20x
KuCoin RIVERUSDTM	+0.0100%	4h	1.2680	−0.079%	$2.5M	$2.4M	50x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2696	+0.051%	$36K	$424K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2660	−0.236%	$2K	$997K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2670	−0.158%	$48K	$95K	20x	as long as short
Gate RIVER_USDT	+0.0136%	4h	1.2700	+0.079%	$427K	$111K	20x	as long as short
Bitget RIVERUSDTlong	+0.0206%	4h	1.2690	long leg	$3.0M	$1.9M	20x
Variational Omni RIVER	+0.0421%	4h	1.2663	−0.212%	$42K	$20K	—	as long as short
BingX RIVER-USDT	+0.0548%	4h	1.2710	+0.158%	—	$6.8M	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC RIVER_USDT	+0.0554%	4h	1.2690	0.000%	$3.7M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0560%	4h	1.2710	+0.158%	$6.1M	$10.5M	50x	as long as short
BloFin RIVER-USDT	+0.0595%	4h	1.2700	+0.079%	$422K	$33K	50x	as long as short
Aster RIVERUSDT	+0.0600%	4h	1.2667	−0.178%	$73K	$31K	10x	as long as short
Bybit RIVERUSDT	+0.0742%	4h	1.2700	+0.079%	$3.8M	$1.7M	25x	as long as short
Kraken Futures PF_RIVERUSD	+0.0790%	1h	1.2689	−0.004%	$57K	$71K	10x	as long as short