Funding arb · Price arb /

RIVER

all RIVER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%

Price spread now: GRVT against Gate+0.239%66s7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2,124as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2,12321.231% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)+0.106%+$11 · spread now +0.239%, 7d avg −0.030%

Together, before fees+0.095%+ Points / potential airdropGRVT: Active · farm board+$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.269% dearer against Gate than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.030%. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate RIVER_USDT	1.2570	0.0100	pay 0.0050% / 4h	24m 22s	$423K	$99K	20x
Short	GRVT RIVER_USDT_Perp	1.2600	0.0100	get 0.0050% / 4h	24m 22s	$27K	$466K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.239%Rate

Funding earned: $0
Price spread: +0.239% → −0.030%: $26.89
Slippage, 4 orders: −$2,099.09
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$2,096.2
Costs to cover: 21.231%
Break-even: never at this rate

Slippage from Gate: live order book, 11 min ago; GRVT: live order book, 13 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, 11 min ago	11.88 bp	1696.0 bp −$1,696	32624.5 bp −$326.2K	doesn't fit	doesn't fit
Sell GRVT live order book, 13 min ago	11.89 bp	23.0 bp −$23	110.2 bp −$1,102	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
Kraken Futures PF_RIVERUSD	−0.0230%	1h	1.2566	−0.029%	$52K	$88K	10x	as long as short
Lighter RIVER	+0.0096%	1h	1.2560	−0.080%	$41K	$14K	3x	as long as short
Gate RIVER_USDTlong	+0.0100%	4h	1.2570	long leg	$423K	$99K	20x
KuCoin RIVERUSDTM	+0.0100%	4h	1.2550	−0.159%	$2.5M	$4.1M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2563	−0.058%	$43K	$4K	—	as long as short
GRVT RIVER_USDT_Perpshort	+0.0100%	4h	1.2600	+0.239%	$27K	$466K	10x
SunX RIVER-USDT	+0.0100%	4h	1.2540	−0.239%	$1K	$1.2M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2620	+0.398%	$49K	$71K	20x	as long as short
Bitget RIVERUSDT	+0.0148%	4h	1.2560	−0.080%	$3.0M	$2.4M	20x	as long as short
Bybit RIVERUSDT	+0.0235%	4h	1.2560	−0.080%	$3.8M	$1.7M	25x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX RIVER-USDT-SWAP	+0.0270%	4h	1.2560	−0.080%	$2.0M	$4.1M	20x	as long as short
BingX RIVER-USDT	+0.0406%	4h	1.2570	0.000%	—	$6.8M	—	as long as short
Binance RIVERUSDT	+0.0427%	4h	1.2560	−0.080%	$6.0M	$12.0M	50x	as long as short
MEXC RIVER_USDT	+0.0432%	4h	1.2560	−0.080%	$3.6M	$1.6M	50x	as long as short
BloFin RIVER-USDT	+0.0464%	4h	1.2580	+0.080%	$395K	$31K	50x	as long as short
Aster RIVERUSDT	+0.0527%	4h	1.2567	−0.024%	$70K	$29K	10x	as long as short