Funding you earn now, next payment 00:00 UTC−0.1459%/8h= −159.8% APRnext payment −$7.30 per $10,000 · paid last 24h −0.089%
Price spread now: Bitget against Bybit+0.079%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1391.393% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.079%, 7d avg −0.029%
=The price spread pays, funding is against you. Bitget is 0.108% dearer against Bybit than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of −0.029%): +$11 on $10k if it goes back. Holding the pair costs −$44 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.098% in total) that is about 7.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.098% in total (about -5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.30 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RIVERUSDT | 1.2710 | 0.1661 | pay 0.0831% / 4h | 2h 17m | $3.8M | $1.7M | 25x |
| Short | Bitget RIVERUSDT | 1.2720 | 0.0202 | get 0.0101% / 4h | 2h 17m | $3.0M | $1.9M | 20x |
Bybit RIVERUSDT
Bitget RIVERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$306.39
- Price spread: +0.079% → −0.029%
- $10.82
- Slippage, 4 orders
- −$116.34
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$434.92
- Costs to cover
- 1.393%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 5 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 Bybit live order book, 5 min ago | 3.93 bp | 49.0 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 7.86 bp | 17.7 bp −$18 | 194.0 bp −$1,940 | 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 | 1.2720 | +0.079% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2720 | +0.079% | $2.0M | $3.8M | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2700 | −0.079% | $2.5M | $2.0M | 50x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2690 | −0.157% | $1K | $945K | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2760 | +0.393% | $49K | $95K | 20x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0186% | 4h | 1.2720 | +0.080% | $32K | $429K | 10x | as long as short |
| Bitget RIVERUSDTshort | +0.0202% | 4h | 1.2720 | +0.079% | $3.0M | $1.9M | 20x | |
| Gate RIVER_USDT | +0.0204% | 4h | 1.2730 | +0.157% | $422K | $108K | 20x | as long as short |
| Kraken Futures PF_RIVERUSD | +0.0478% | 1h | 1.2728 | +0.143% | $56K | $58K | 10x | as long as short |
| Aster RIVERUSDT | +0.0605% | 4h | 1.2712 | +0.017% | $73K | $31K | 10x | as long as short |
Lighter RIVER
OKX RIVER-USDT-SWAP
KuCoin RIVERUSDTM
SunX RIVER-USDT
HTX RIVER-USDT
GRVT RIVER_USDT_Perp
Gate RIVER_USDT
Kraken Futures PF_RIVERUSD
Aster RIVERUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC RIVER_USDT | +0.0630% | 4h | 1.2720 | +0.079% | $3.5M | $1.5M | 50x | as long as short |
| Binance RIVERUSDT | +0.0633% | 4h | 1.2720 | +0.079% | $6.0M | $10.3M | 50x | as long as short |
| BloFin RIVER-USDT | +0.0667% | 4h | 1.2720 | +0.079% | $420K | $36K | 50x | as long as short |
| Variational Omni RIVER | +0.1179% | 4h | 1.2744 | +0.270% | $43K | $20K | — | as long as short |
| BingX RIVER-USDT | +0.1614% | 4h | 1.2720 | +0.079% | — | $6.8M | — | as long as short |
| Bybit RIVERUSDTlong | +0.1661% | 4h | 1.2710 | long leg | $3.8M | $1.7M | 25x |
MEXC RIVER_USDT
Binance RIVERUSDT
BloFin RIVER-USDT
Variational Omni RIVER
BingX RIVER-USDT