RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.41 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Gate−0.079%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,072as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,099as in the Price arb table

costs, in and out, $10k−$2,08920.891% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.169%+$17 on $10k

Price spread, last 4 days (all we have)+0.221%+$22 · spread now −0.079%, 7d avg +0.024%

Together, before fees+0.390%+$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.103% cheaper against Gate than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.024%). If the spread goes back, that is −$10 on $10k: about 4.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate RIVER_USDT	1.2660	0.0126	pay 0.0063% / 4h	58m 59s	$426K	$99K	20x
Short	OKX RIVER-USDT-SWAP	1.2650	0.0207	get 0.0104% / 4h	58m 59s	$2.1M	$4.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.079%Rate

Funding earned: $17.02
Price spread: −0.079% → +0.024%: −$10.28
Slippage, 4 orders: −$2,064.06
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$2,082.32
Costs to cover: 20.891%
Break-even: 863.3 days

Slippage from Gate: live order book, 42 min ago; OKX: live order book, 3 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, 42 min ago	11.78 bp	1627.9 bp −$1,628	31889.3 bp −$318.9K	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	3.94 bp	17.2 bp −$17	155.2 bp −$1,552	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	−0.0228%	1h	1.2661	+0.006%	$53K	$88K	10x	as long as short
Lighter RIVER	+0.0096%	1h	1.2660	0.000%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2650	−0.079%	$2.5M	$4.0M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2653	−0.057%	$42K	$3K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2677	+0.132%	$27K	$466K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2640	−0.158%	$2K	$1.2M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2690	+0.237%	$49K	$71K	20x	as long as short
Gate RIVER_USDTlong	+0.0126%	4h	1.2660	long leg	$426K	$99K	20x
Bitget RIVERUSDT	+0.0188%	4h	1.2650	−0.079%	$3.0M	$2.4M	20x	as long as short
Bybit RIVERUSDT	+0.0190%	4h	1.2640	−0.158%	$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-SWAPshort	+0.0207%	4h	1.2650	−0.079%	$2.1M	$4.1M	20x
BingX RIVER-USDT	+0.0420%	4h	1.2660	0.000%	—	$6.8M	—	as long as short
MEXC RIVER_USDT	+0.0446%	4h	1.2660	0.000%	$3.7M	$1.6M	50x	as long as short
Binance RIVERUSDT	+0.0447%	4h	1.2664	+0.029%	$6.1M	$12.0M	50x	as long as short
BloFin RIVER-USDT	+0.0484%	4h	1.2690	+0.237%	$395K	$31K	50x	as long as short
Aster RIVERUSDT	+0.0546%	4h	1.2660	+0.001%	$71K	$28K	10x	as long as short