RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0224%/8h= +24.5% APRnext payment +$1.12 per $10,000 · paid last 24h +0.223%

Price spread now: BingX against GRVT−0.007%7-day average +0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1221.225% of the position

Long on GRVT Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.816%+$82 on $10k

Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.007%, 7d avg +0.071%

Together, before fees+0.846%+ Points / potential airdropGRVT: Active · farm board+$85 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.078% cheaper against GRVT than usual: you would sell low and buy high (spread −0.007% now, against its 7-day average of +0.071%). If the spread goes back, that is −$8 on $10k: about 28 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT RIVER_USDT_Perp	1.2811	0.0398	pay 0.0199% / 4h	3h 33m	$30K	$459K	10x
Short	BingX RIVER-USDT	1.2810	0.0622	get 0.0311% / 4h	3h 33m	—	$6.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against GRVT. 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 GRVTbpFee BingXbpOrdersPrice spread, now −0.007%Rate

Funding earned: $47.04
Price spread: −0.007% → +0.071%: −$7.8
Slippage, 4 orders: −$103.45
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee BingX: 5 bp × 2 orders: −$10
Net: −$83.21
Costs to cover: 1.225%
Break-even: 19.4 days

Slippage from GRVT: live order book, 20 min ago; BingX: live order book, 5 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 GRVT live order book, 20 min ago	11.74 bp	52.5 bp −$52	180.1 bp −$1,801	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	7.81 bp	23.1 bp −$23	53.5 bp −$535	419.0 bp −$41.9K	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	1.2800	−0.085%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2800	−0.085%	$2.5M	$3.4M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2788	−0.181%	$43K	$4K	—	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2780	−0.241%	$2K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2830	+0.149%	$50K	$71K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0237%	4h	1.2810	−0.007%	$2.1M	$4.0M	20x	as long as short
GRVT RIVER_USDT_Perplong	+0.0398%	4h	1.2811	long leg	$30K	$459K	10x
Bitget RIVERUSDT	+0.0454%	4h	1.2800	−0.085%	$3.0M	$2.2M	20x	as long as short
BloFin RIVER-USDT	+0.0464%	4h	1.2820	+0.071%	$413K	$33K	50x	as long as short
Binance RIVERUSDT	+0.0482%	4h	1.2818	+0.059%	$6.1M	$11.3M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC RIVER_USDT	+0.0486%	4h	1.2800	−0.085%	$3.7M	$1.6M	50x	as long as short
Kraken Futures PF_RIVERUSD	+0.0612%	1h	1.2818	+0.059%	$58K	$67K	10x	as long as short
BingX RIVER-USDTshort	+0.0622%	4h	1.2810	−0.007%	—	$6.8M	—
Bybit RIVERUSDT	+0.0702%	4h	1.2800	−0.085%	$3.9M	$1.8M	25x	as long as short
Aster RIVERUSDT	+0.0854%	4h	1.2810	−0.007%	$73K	$27K	10x	as long as short
Gate RIVER_USDT	+0.0858%	4h	1.2790	−0.163%	$431K	$103K	20x	as long as short