RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0192%/8h= −21.0% APRnext payment −$0.96 per $10,000 · paid last 24h −0.005%

Price spread now: KuCoin against Gate0.000%7-day average −0.111% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2,282as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,304as in the Price arb table

costs, in and out, $10k−$2,31523.150% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.332%+$33 on $10k

Price spread, last 4 days (all we have)−0.159%−$16 · spread now 0.000%, 7d avg −0.111%

Together, before fees+0.174%+$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.111% dearer against Gate than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.111%): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 46 hours. Mind the row above: over the last 7 days funding on this pair paid +0.332%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate RIVER_USDT	1.2760	0.0292	pay 0.0146% / 4h	1h 42m	$431K	$102K	20x
Short	KuCoin RIVERUSDTM	1.2760	0.0100	get 0.0050% / 4h	1h 42m	$2.5M	$2.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$40.32
Price spread: 0.000% → −0.111%: $11.06
Slippage, 4 orders: −$2,288
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$2,344.26
Costs to cover: 23.150%
Break-even: never at this rate

Slippage from Gate: live order book, 18 min ago; KuCoin: live order book, 4 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, 18 min ago	11.75 bp	1607.7 bp −$1,608	30082.7 bp −$300.8K	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	7.87 bp	55.7 bp −$56	551.7 bp −$5,517	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
Lighter RIVER	+0.0096%	1h	1.2780	+0.157%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTMshort	+0.0100%	4h	1.2760	0.000%	$2.5M	$2.8M	50x
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2710	−0.391%	$40K	$443K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2720	−0.313%	$2K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2720	−0.313%	$48K	$88K	20x	as long as short
Variational Omni RIVER	+0.0111%	4h	1.2708	−0.409%	$43K	$20K	—	as long as short
OKX RIVER-USDT-SWAP	+0.0200%	4h	1.2780	+0.157%	$2.1M	$3.8M	20x	as long as short
Gate RIVER_USDTlong	+0.0292%	4h	1.2760	long leg	$431K	$102K	20x
Kraken Futures PF_RIVERUSD	+0.0310%	1h	1.2777	+0.132%	$57K	$70K	10x	as long as short
MEXC RIVER_USDT	+0.0404%	4h	1.2780	+0.157%	$3.9M	$1.5M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance RIVERUSDT	+0.0413%	4h	1.2778	+0.145%	$6.1M	$10.8M	50x	as long as short
BloFin RIVER-USDT	+0.0430%	4h	1.2750	−0.078%	$424K	$32K	50x	as long as short
Bitget RIVERUSDT	+0.0440%	4h	1.2770	+0.078%	$3.0M	$1.9M	20x	as long as short
BingX RIVER-USDT	+0.0622%	4h	1.2780	+0.157%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.0650%	4h	1.2760	0.000%	$3.8M	$1.7M	25x	as long as short
Aster RIVERUSDT	+0.0850%	4h	1.2770	+0.081%	$73K	$29K	10x	as long as short