Funding you earn now, next payment 00:00 UTC−0.1603%/8h= −175.5% APRnext payment −$8.01 per $10,000 · paid last 24h −0.207%
Price spread now: SunX against Bybit−0.079%7-day average −0.145% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.615%−$62 on $10k
+Price spread, last 3 days (all we have)+0.239%+$24 · spread now −0.079%, 7d avg −0.145%
=The price spread pays, funding is against you. SunX is 0.065% dearer against Bybit than usual: you sell high and buy low (spread −0.079% now, against its 7-day average of −0.145%): +$7 on $10k if it goes back. Holding the pair costs −$48 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.615% in total) that is about 18 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.615% in total (about -32.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.01 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 | 1.2640 | 0.1703 | pay 0.0851% / 4h | 2h 45m | $3.8M | $1.7M | 25x |
| Short | SunX RIVER-USDT | 1.2630 | 0.0100 | get 0.0050% / 4h | 2h 45m | $2K | $936K | 20x |
Bybit RIVERUSDT
SunX RIVER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$336.6
- Price spread: −0.079% → −0.145%
- $6.55
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$349.05
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; SunX: live order book, 37 min ago. Net counts fees only.
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 | 3.93 bp | 39.6 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 37 min ago | 499.21 bp | doesn't fit | 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 | 1.2650 | +0.079% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2650 | +0.079% | $2.0M | $3.7M | 20x | as long as short |
| Gate RIVER_USDT | +0.0100% | 4h | 1.2660 | +0.158% | $419K | $107K | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2650 | +0.079% | $2.4M | $2.0M | 50x | as long as short |
| Bitget RIVERUSDT | +0.0100% | 4h | 1.2650 | +0.079% | $3.0M | $1.9M | 20x | as long as short |
| SunX RIVER-USDTshort | +0.0100% | 4h | 1.2630 | −0.079% | $2K | $936K | 20x | |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2700 | +0.475% | $48K | $95K | 20x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0202% | 4h | 1.2693 | +0.423% | $31K | $438K | 10x | as long as short |
| Kraken Futures PF_RIVERUSD | +0.0481% | 1h | 1.2654 | +0.109% | $56K | $61K | 10x | as long as short |
| Aster RIVERUSDT | +0.0486% | 4h | 1.2650 | +0.079% | $73K | $31K | 10x | as long as short |
Lighter RIVER
OKX RIVER-USDT-SWAP
Gate RIVER_USDT
KuCoin RIVERUSDTM
Bitget RIVERUSDT
HTX RIVER-USDT
GRVT RIVER_USDT_Perp
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 | +0.0540% | 4h | 1.2640 | 0.000% | $3.5M | $1.5M | 50x | as long as short |
| Binance RIVERUSDT | +0.0542% | 4h | 1.2660 | +0.155% | $6.0M | $10.3M | 50x | as long as short |
| BloFin RIVER-USDT | +0.0582% | 4h | 1.2670 | +0.237% | $415K | $35K | 50x | as long as short |
| Variational Omni RIVER | +0.1176% | 4h | 1.2675 | +0.277% | $42K | $20K | — | as long as short |
| BingX RIVER-USDT | +0.1640% | 4h | 1.2660 | +0.158% | — | $6.8M | — | as long as short |
| Bybit RIVERUSDTlong | +0.1703% | 4h | 1.2640 | long leg | $3.8M | $1.7M | 25x |
MEXC RIVER_USDT
Binance RIVERUSDT
BloFin RIVER-USDT
Variational Omni RIVER
BingX RIVER-USDT