Funding you earn now, next payment 00:00 UTC−0.0807%/8h= −88.4% APRnext payment −$4.04 per $10,000 · paid last 24h −0.052%
Price spread now: BloFin against Bybit+0.237%62s7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as 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−$1161.163% of the position
Funding, last 7 days−0.209%−$21 on $10k
+Price spread, last 3 days (all we have)+0.002%$0 · spread now +0.237%, 7d avg +0.078%
=The price spread pays, funding is against you. BloFin is 0.159% dearer against Bybit than usual: you sell high and buy low (spread +0.237% now, against its 7-day average of +0.078%): +$16 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.209% in total) that is about 5.3 days. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.209% in total (about -10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.04 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 | 1.2660 | 0.1453 | pay 0.0727% / 4h | 1h 12m | $3.8M | $1.7M | 25x |
| Short | BloFin RIVER-USDT | 1.2690 | 0.0646 | get 0.0323% / 4h | 1h 12m | $422K | $33K | 50x |
Bybit RIVERUSDT
BloFin RIVER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$169.48
- Price spread: +0.237% → +0.078%
- $15.85
- Slippage, 4 orders
- −$93.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$269.93
- Costs to cover
- 1.163%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 3 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 | 3.96 bp | 40.5 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 3.96 bp | 14.3 bp −$14 | 40.8 bp −$408 | 313.2 bp −$31.3K | 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 | 1.2670 | +0.079% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2660 | 0.000% | $2.0M | $3.8M | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2650 | −0.079% | $2.4M | $2.1M | 50x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0100% | 4h | 1.2632 | −0.220% | $39K | $415K | 10x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2640 | −0.158% | $1K | $962K | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2680 | +0.158% | $48K | $95K | 20x | as long as short |
| Bitget RIVERUSDT | +0.0190% | 4h | 1.2660 | 0.000% | $3.0M | $1.9M | 20x | as long as short |
| Gate RIVER_USDT | +0.0366% | 4h | 1.2650 | −0.079% | $420K | $109K | 20x | as long as short |
| Kraken Futures PF_RIVERUSD | +0.0562% | 1h | 1.2671 | +0.084% | $58K | $62K | 10x | as long as short |
| Aster RIVERUSDT | +0.0563% | 4h | 1.2658 | −0.016% | $73K | $29K | 10x | as long as short |
Lighter RIVER
OKX RIVER-USDT-SWAP
KuCoin RIVERUSDTM
GRVT RIVER_USDT_Perp
SunX RIVER-USDT
HTX RIVER-USDT
Bitget RIVERUSDT
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 | +0.0638% | 4h | 1.2670 | +0.079% | $3.7M | $1.5M | 50x | as long as short |
| Binance RIVERUSDT | +0.0639% | 4h | 1.2676 | +0.127% | $6.1M | $10.3M | 50x | as long as short |
| BloFin RIVER-USDTshort | +0.0646% | 4h | 1.2690 | +0.237% | $422K | $33K | 50x | |
| Variational Omni RIVER | +0.1144% | 4h | 1.2608 | −0.407% | $42K | $20K | — | as long as short |
| BingX RIVER-USDT | +0.1440% | 4h | 1.2670 | +0.079% | — | $6.8M | — | as long as short |
| Bybit RIVERUSDTlong | +0.1453% | 4h | 1.2660 | long leg | $3.8M | $1.7M | 25x |
MEXC RIVER_USDT
Binance RIVERUSDT
Variational Omni RIVER
BingX RIVER-USDT