RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.070%

Price spread now: BingX against BloFin−0.627%81s7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as 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−$640.640% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.386%+$39 on $10k

Price spread, last 4 days (all we have)+0.468%+$47 · spread now −0.627%, 7d avg −0.025%

Together, before fees+0.855%+$85 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.603% cheaper against BloFin than usual: you would sell low and buy high (spread −0.627% now, against its 7-day average of −0.025%). If the spread goes back, that is −$60 on $10k: about 4 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.386% in total) that is about 11 days. The two prices were read 81 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	1.2750	0.0380	pay 0.0190% / 4h	2h 39m	$404K	$31K	50x
Short	BingX RIVER-USDT	1.2670	0.0396	get 0.0198% / 4h	2h 39m	—	$6.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.627%Rate

Funding earned: $3.3
Price spread: −0.627% → −0.025%: −$60.26
Slippage, 4 orders: −$42.03
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$120.99
Costs to cover: 0.640%
Break-even: 263.3 days

Slippage from BloFin: live order book, 51 min ago; BingX: live order book, 8 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, 51 min ago	3.89 bp	17.6 bp −$18	46.7 bp −$467	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	7.82 bp	21.1 bp −$21	54.0 bp −$540	362.0 bp −$36.2K	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	1.2680	−0.549%	$41K	$14K	3x	as long as short
Bybit RIVERUSDT	+0.0100%	4h	1.2670	−0.627%	$3.8M	$1.8M	25x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2670	−0.627%	$2.5M	$3.6M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2708	−0.330%	$43K	$4K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2750	0.000%	$34K	$457K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2660	−0.706%	$1K	$1.2M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2790	+0.314%	$49K	$71K	20x	as long as short
Gate RIVER_USDT	+0.0134%	4h	1.2680	−0.549%	$428K	$102K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0177%	4h	1.2680	−0.549%	$2.0M	$4.0M	20x	as long as short
Bitget RIVERUSDT	+0.0284%	4h	1.2670	−0.627%	$3.0M	$2.3M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin RIVER-USDTlong	+0.0380%	4h	1.2750	long leg	$404K	$31K	50x
BingX RIVER-USDTshort	+0.0396%	4h	1.2670	−0.627%	—	$6.8M	—
Binance RIVERUSDT	+0.0397%	4h	1.2670	−0.627%	$6.1M	$11.6M	50x	as long as short
MEXC RIVER_USDT	+0.0402%	4h	1.2680	−0.549%	$3.7M	$1.6M	50x	as long as short
Aster RIVERUSDT	+0.0641%	4h	1.2673	−0.600%	$71K	$28K	10x	as long as short
Kraken Futures PF_RIVERUSD	+0.0720%	1h	1.2668	−0.644%	$52K	$80K	10x	as long as short