RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0442%/8h= +48.4% APRnext payment +$2.21 per $10,000 · paid last 24h +0.148%

Price spread now: Binance against Gate+0.079%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2,274as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,309as in the Price arb table

costs, in and out, $10k−$2,31323.127% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.386%+$39 on $10k

Price spread, last 4 days (all we have)+0.071%+$7 · spread now +0.079%, 7d avg +0.038%

Together, before fees+0.457%+$46 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Binance is 0.041% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate RIVER_USDT	1.2620	0.0192	pay 0.0096% / 4h	16m 15s	$425K	$114K	20x
Short	Binance RIVERUSDT	1.2630	0.0634	get 0.0317% / 4h	16m 15s	$6.1M	$10.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.079%Rate

Funding earned: $92.8
Price spread: +0.079% → +0.038%: $4.09
Slippage, 4 orders: −$2,287.69
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$2,215.8
Costs to cover: 23.127%
Break-even: 174.1 days

Slippage from Gate: live order book, 59 min ago; Binance: live order book, 9 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 Gate live order book, 59 min ago	7.92 bp	1856.4 bp −$1,856	30683.2 bp −$306.8K	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	3.96 bp	16.3 bp −$16	66.6 bp −$666	1732.8 bp −$173.3K	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	1.2620	0.000%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2620	0.000%	$2.0M	$3.8M	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2610	−0.079%	$2.4M	$2.3M	50x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2640	+0.158%	$32K	$415K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2610	−0.079%	$2K	$991K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2650	+0.238%	$48K	$95K	20x	as long as short
Gate RIVER_USDTlong	+0.0192%	4h	1.2620	long leg	$425K	$114K	20x
Bitget RIVERUSDT	+0.0270%	4h	1.2620	0.000%	$3.0M	$1.9M	20x	as long as short
Aster RIVERUSDT	+0.0564%	4h	1.2635	+0.115%	$73K	$31K	10x	as long as short
BloFin RIVER-USDT	+0.0618%	4h	1.2620	0.000%	$417K	$33K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance RIVERUSDTshort	+0.0634%	4h	1.2630	+0.079%	$6.1M	$10.5M	50x
MEXC RIVER_USDT	+0.0640%	4h	1.2630	+0.079%	$3.7M	$1.5M	50x	as long as short
Kraken Futures PF_RIVERUSD	+0.0727%	1h	1.2628	+0.064%	$57K	$74K	10x	as long as short
Variational Omni RIVER	+0.0779%	4h	1.2623	+0.025%	$42K	$20K	—	as long as short
BingX RIVER-USDT	+0.1124%	4h	1.2630	+0.079%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.1167%	4h	1.2630	+0.079%	$3.8M	$1.7M	25x	as long as short