RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0377%/8h= −41.2% APRnext payment −$1.88 per $10,000 · paid last 24h −0.223%

Price spread now: Gate against Bybit−0.157%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,386as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,336as in the Price arb table

costs, in and out, $10k−$2,32023.197% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.658%−$66 on $10k

Price spread, last 4 days (all we have)−0.237%−$24 · spread now −0.157%, 7d avg +0.002%

Together, before fees−0.895%−$90 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Gate is 0.160% cheaper against Bybit than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.002%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit RIVERUSDT	1.2710	0.0639	pay 0.0319% / 4h	1h 45m	$3.8M	$1.7M	25x
Short	Gate RIVER_USDT	1.2690	0.0262	get 0.0131% / 4h	1h 45m	$428K	$102K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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 BybitbpFee GatebpOrdersPrice spread, now −0.157%Rate

Funding earned: −$79.07
Price spread: −0.157% → +0.002%: −$15.96
Slippage, 4 orders: −$2,293.74
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$2,414.77
Costs to cover: 23.197%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 15 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, 2 min ago	7.87 bp	60.7 bp −$61	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 15 min ago	11.75 bp	587.9 bp −$588	doesn't fit	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	1.2700	−0.079%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2690	−0.157%	$2.5M	$2.8M	50x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2710	+0.001%	$40K	$443K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2700	−0.079%	$1K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2720	+0.079%	$48K	$88K	20x	as long as short
Variational Omni RIVER	+0.0111%	4h	1.2708	−0.017%	$43K	$20K	—	as long as short
OKX RIVER-USDT-SWAP	+0.0182%	4h	1.2730	+0.157%	$2.1M	$3.8M	20x	as long as short
Gate RIVER_USDTshort	+0.0262%	4h	1.2690	−0.157%	$428K	$102K	20x
Kraken Futures PF_RIVERUSD	+0.0311%	1h	1.2731	+0.169%	$57K	$70K	10x	as long as short
BloFin RIVER-USDT	+0.0357%	4h	1.2710	0.000%	—	$32K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC RIVER_USDT	+0.0404%	4h	1.2710	0.000%	$3.9M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0405%	4h	1.2720	+0.077%	$6.1M	$10.7M	50x	as long as short
Bitget RIVERUSDT	+0.0408%	4h	1.2710	0.000%	$3.0M	$1.9M	20x	as long as short
BingX RIVER-USDT	+0.0622%	4h	1.2730	+0.157%	—	$6.8M	—	as long as short
Bybit RIVERUSDTlong	+0.0639%	4h	1.2710	long leg	$3.8M	$1.7M	25x
Aster RIVERUSDT	+0.0832%	4h	1.2697	−0.103%	$73K	$28K	10x	as long as short