RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0377%/8h= +41.3% APRnext payment +$1.89 per $10,000 · paid last 24h +0.154%

Price spread now: BloFin against Gate+0.157%7-day average +0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2,402as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,433as in the Price arb table

costs, in and out, $10k−$2,44224.422% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.404%+$40 on $10k

Price spread, last 3 days (all we have)+0.279%+$28 · spread now +0.157%, 7d avg +0.068%

Together, before fees+0.684%+$68 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BloFin is 0.089% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.068%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate RIVER_USDT	1.2700	0.0208	pay 0.0104% / 4h	2h 14m	$421K	$108K	20x
Short	BloFin RIVER-USDT	1.2720	0.0585	get 0.0293% / 4h	2h 14m	$420K	$36K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.157%Rate

Funding earned: $79.17
Price spread: +0.157% → +0.068%: $8.9
Slippage, 4 orders: −$2,415.17
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$2,354.1
Costs to cover: 24.422%
Break-even: 215.1 days

Slippage from Gate: live order book, 6 min ago; BloFin: live order book, 6 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, 6 min ago	7.84 bp	1814.4 bp −$1,814	30496.6 bp −$305.0K	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	3.92 bp	20.9 bp −$21	48.5 bp −$485	332.0 bp −$33.2K	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	1.2690	−0.079%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2690	−0.079%	$2.0M	$3.7M	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2670	−0.236%	$2.4M	$2.0M	50x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2670	−0.236%	$1K	$945K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2760	+0.472%	$49K	$95K	20x	as long as short
GRVT RIVER_USDT_Perp	+0.0200%	4h	1.2710	+0.079%	$31K	$429K	10x	as long as short
Bitget RIVERUSDT	+0.0204%	4h	1.2680	−0.157%	$3.0M	$1.9M	20x	as long as short
Gate RIVER_USDTlong	+0.0208%	4h	1.2700	long leg	$421K	$108K	20x
Kraken Futures PF_RIVERUSD	+0.0479%	1h	1.2702	+0.012%	$56K	$58K	10x	as long as short
BloFin RIVER-USDTshort	+0.0585%	4h	1.2720	+0.157%	$420K	$36K	50x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster RIVERUSDT	+0.0604%	4h	1.2688	−0.098%	$73K	$29K	10x	as long as short
MEXC RIVER_USDT	+0.0630%	4h	1.2680	−0.157%	$3.5M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0633%	4h	1.2696	−0.028%	$6.0M	$10.3M	50x	as long as short
Variational Omni RIVER	+0.1129%	4h	1.2694	−0.044%	$42K	$20K	—	as long as short
BingX RIVER-USDT	+0.1576%	4h	1.2700	0.000%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.1645%	4h	1.2690	−0.079%	$3.8M	$1.7M	25x	as long as short