RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0191%/8h= +20.9% APRnext payment +$0.95 per $10,000 · paid last 24h +0.067%

Price spread now: Bybit against BloFin+0.157%7-day average −0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$141as in the Price arb table

costs, in and out, $10k−$1651.645% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.240%+$24 on $10k

Price spread, last 4 days (all we have)−0.952%−$95 · spread now +0.157%, 7d avg −0.078%

Together, before fees−0.712%−$71 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.235% dearer against BloFin than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.078%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin RIVER-USDT	1.2750	0.0430	pay 0.0215% / 4h	1h 43m	$424K	$32K	50x
Short	Bybit RIVERUSDT	1.2770	0.0621	get 0.0310% / 4h	1h 43m	$3.8M	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.157%Rate

Funding earned: $40.09
Price spread: +0.157% → −0.078%: $23.53
Slippage, 4 orders: −$141.54
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$100.93
Costs to cover: 1.645%
Break-even: 24.6 days

Slippage from BloFin: live order book, 83 min ago; Bybit: 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 BloFin live order book, 83 min ago	11.71 bp	17.7 bp −$18	38.2 bp −$382	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	7.87 bp	63.4 bp −$63	651.3 bp −$6,513	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	1.2770	+0.157%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2740	−0.078%	$2.5M	$2.8M	50x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2710	−0.313%	$40K	$443K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2720	−0.235%	$2K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2720	−0.235%	$48K	$88K	20x	as long as short
Variational Omni RIVER	+0.0111%	4h	1.2708	−0.331%	$43K	$20K	—	as long as short
OKX RIVER-USDT-SWAP	+0.0198%	4h	1.2790	+0.314%	$2.1M	$3.8M	20x	as long as short
Gate RIVER_USDT	+0.0262%	4h	1.2750	0.000%	$430K	$102K	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0310%	1h	1.2777	+0.211%	$57K	$70K	10x	as long as short
MEXC RIVER_USDT	+0.0400%	4h	1.2760	+0.078%	$3.9M	$1.5M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance RIVERUSDT	+0.0404%	4h	1.2780	+0.235%	$6.1M	$10.8M	50x	as long as short
Bitget RIVERUSDT	+0.0422%	4h	1.2770	+0.157%	$3.0M	$1.9M	20x	as long as short
BloFin RIVER-USDTlong	+0.0430%	4h	1.2750	long leg	$424K	$32K	50x
Bybit RIVERUSDTshort	+0.0621%	4h	1.2770	+0.157%	$3.8M	$1.7M	25x
BingX RIVER-USDT	+0.0622%	4h	1.2780	+0.235%	—	$6.8M	—	as long as short
Aster RIVERUSDT	+0.0845%	4h	1.2764	+0.112%	$73K	$29K	10x	as long as short