Funding you earn now, next payment 00:00 UTC+0.1098%/8h= +120.2% APRnext payment +$5.49 per $10,000 · paid last 24h +0.230%
Price spread now: BingX against Gate+0.236%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,369as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,425as in the Price arb table
costs, in and out, $10k−$2,44524.448% of the position
Funding, last 7 days+0.758%+$76 on $10k
+Price spread, last 4 days (all we have)−0.236%−$24 · spread now +0.236%, 7d avg +0.041%
=Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and BingX is 0.195% dearer against Gate than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.041%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.758% in total (about 39.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.49 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 | Gate RIVER_USDT | 1.2710 | 0.0384 | pay 0.0192% / 4h | 1h 41m | $421K | $106K | 20x |
| Short | BingX RIVER-USDT | 1.2740 | 0.1482 | get 0.0741% / 4h | 1h 41m | — | $6.8M | — |
Gate RIVER_USDT
BingX RIVER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $230.58
- Price spread: +0.236% → +0.041%
- $19.48
- Slippage, 4 orders
- −$2,419.79
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$2,194.73
- Costs to cover
- 24.448%
- Break-even
- 73.6 days
Slippage from Gate: live order book, 39 min ago; BingX: live order book, 11 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, 39 min ago | 7.84 bp | 1814.4 bp −$1,814 | 30496.6 bp −$305.0K | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 7.87 bp | 18.2 bp −$18 | 58.6 bp −$586 | 456.6 bp −$45.7K | 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 | 1.2720 | +0.079% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2740 | +0.236% | $2.1M | $3.8M | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2720 | +0.079% | $2.5M | $2.0M | 50x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0100% | 4h | 1.2699 | −0.090% | $39K | $415K | 10x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2690 | −0.157% | $1K | $949K | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2740 | +0.236% | $49K | $95K | 20x | as long as short |
| Bitget RIVERUSDT | +0.0262% | 4h | 1.2720 | +0.079% | $3.0M | $1.9M | 20x | as long as short |
| Gate RIVER_USDTlong | +0.0384% | 4h | 1.2710 | long leg | $421K | $106K | 20x | |
| Kraken Futures PF_RIVERUSD | +0.0558% | 1h | 1.2745 | +0.273% | $57K | $61K | 10x | as long as short |
| Aster RIVERUSDT | +0.0651% | 4h | 1.2710 | 0.000% | $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
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 | +0.0668% | 4h | 1.2730 | +0.157% | $3.7M | $1.5M | 50x | as long as short |
| Binance RIVERUSDT | +0.0670% | 4h | 1.2738 | +0.221% | $6.1M | $10.2M | 50x | as long as short |
| BloFin RIVER-USDT | +0.0678% | 4h | 1.2720 | +0.079% | $421K | $33K | 50x | as long as short |
| Variational Omni RIVER | +0.1119% | 4h | 1.2684 | −0.206% | $42K | $20K | — | as long as short |
| BingX RIVER-USDTshort | +0.1482% | 4h | 1.2740 | +0.236% | — | $6.8M | — | |
| Bybit RIVERUSDT | +0.1600% | 4h | 1.2730 | +0.157% | $3.8M | $1.7M | 25x | as long as short |
MEXC RIVER_USDT
Binance RIVERUSDT
BloFin RIVER-USDT
Variational Omni RIVER
Bybit RIVERUSDT