RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0365%/8h= −39.9% APRnext payment −$1.82 per $10,000 · paid last 24h −0.063%

Price spread now: Variational Omni against Bybit−0.052%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.052% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit RIVERUSDT	1.2660	0.1544	pay 0.0772% / 4h	1h 21m	$3.8M	$1.7M	25x
Short	Variational Omni RIVER	1.2653	0.1180	get 0.0590% / 4h	1h 21m	$42K	$20K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.052%Rate

Funding earned: −$76.58
Price spread: −0.052% → 0.000%: −$5.2
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$92.78
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 1 min ago; Variational Omni: no order-book sample. 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, 1 min ago	3.95 bp	39.1 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
KuCoin RIVERUSDTM	+0.0100%	4h	1.2640	−0.158%	$2.4M	$2.0M	50x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2670	+0.079%	$39K	$415K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2620	−0.316%	$2K	$958K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2660	0.000%	$48K	$95K	20x	as long as short
Bitget RIVERUSDT	+0.0198%	4h	1.2650	−0.079%	$3.0M	$1.9M	20x	as long as short
Gate RIVER_USDT	+0.0388%	4h	1.2630	−0.237%	$419K	$108K	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0561%	1h	1.2675	+0.115%	$58K	$63K	10x	as long as short
Aster RIVERUSDT	+0.0589%	4h	1.2646	−0.110%	$73K	$29K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin RIVER-USDT	+0.0600%	4h	1.2640	−0.158%	$420K	$33K	50x	as long as short
Binance RIVERUSDT	+0.0641%	4h	1.2657	−0.027%	$6.0M	$10.3M	50x	as long as short
MEXC RIVER_USDT	+0.0644%	4h	1.2660	0.000%	$3.7M	$1.5M	50x	as long as short
Variational Omni RIVERshort	+0.1180%	4h	1.2653	−0.052%	$42K	$20K	—
BingX RIVER-USDT	+0.1510%	4h	1.2650	−0.079%	—	$6.8M	—	as long as short
Bybit RIVERUSDTlong	+0.1544%	4h	1.2660	long leg	$3.8M	$1.7M	25x