RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.007%

Price spread now: Binance against BloFin−0.079%71s7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$710.714% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 3 days (all we have)−0.129%−$13 · spread now −0.079%, 7d avg −0.039%

Together, before fees−0.147%−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.040% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.039%). Swap the legs. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin RIVER-USDT	1.2650	0.0745	pay 0.0373% / 4h	29m 59s	$421K	$33K	50x
Short	Binance RIVERUSDT	1.2640	0.0683	get 0.0342% / 4h	29m 59s	$6.0M	$10.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.079%Rate

Funding earned: −$13.07
Price spread: −0.079% → −0.039%: −$4.05
Slippage, 4 orders: −$49.38
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$88.49
Costs to cover: 0.714%
Break-even: never at this rate

Slippage from BloFin: live order book, 46 min ago; Binance: live order book, 10 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 BloFin live order book, 46 min ago	3.96 bp	21.5 bp −$21	53.8 bp −$538	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	3.95 bp	15.7 bp −$16	64.8 bp −$648	1360.2 bp −$136.0K	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	1.2640	−0.079%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2640	−0.079%	$2.1M	$3.8M	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2640	−0.079%	$2.4M	$2.2M	50x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2680	+0.237%	$32K	$415K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2610	−0.316%	$2K	$983K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2680	+0.237%	$48K	$95K	20x	as long as short
Gate RIVER_USDT	+0.0252%	4h	1.2630	−0.158%	$419K	$110K	20x	as long as short
Bitget RIVERUSDT	+0.0294%	4h	1.2640	−0.079%	$3.0M	$1.9M	20x	as long as short
Aster RIVERUSDT	+0.0571%	4h	1.2641	−0.069%	$73K	$31K	10x	as long as short
Binance RIVERUSDTshort	+0.0683%	4h	1.2640	−0.079%	$6.0M	$10.4M	50x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC RIVER_USDT	+0.0684%	4h	1.2640	−0.079%	$3.7M	$1.5M	50x	as long as short
Kraken Futures PF_RIVERUSD	+0.0726%	1h	1.2647	−0.024%	$57K	$74K	10x	as long as short
BloFin RIVER-USDTlong	+0.0745%	4h	1.2650	long leg	$421K	$33K	50x
Variational Omni RIVER	+0.0899%	4h	1.2634	−0.130%	$42K	$20K	—	as long as short
Bybit RIVERUSDT	+0.1233%	4h	1.2640	−0.079%	$3.8M	$1.7M	25x	as long as short
BingX RIVER-USDT	+0.1236%	4h	1.2650	0.000%	—	$6.8M	—	as long as short