RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0150%/8h= +16.4% APRnext payment +$0.75 per $10,000 · paid last 24h +0.138%

Price spread now: Bitget against GRVT+0.026%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$119as in the Price arb table

costs, in and out, $10k−$1231.229% of the position

Long on GRVT Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.531%+$53 on $10k

Price spread, last 3 days (all we have)−0.102%−$10 · spread now +0.026%, 7d avg −0.015%

Together, before fees+0.429%+ Points / potential airdropGRVT: Active · farm board+$43 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.041% dearer against GRVT than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT RIVER_USDT_Perp	1.2687	0.0130	pay 0.0065% / 4h	1h 01m	$39K	$415K	10x
Short	Bitget RIVERUSDT	1.2690	0.0280	get 0.0140% / 4h	1h 01m	$3.0M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.026%Rate

Funding earned: $31.5
Price spread: +0.026% → −0.015%: $4.09
Slippage, 4 orders: −$101.92
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$87.33
Costs to cover: 1.229%
Break-even: 26.4 days

Slippage from GRVT: live order book, 16 min ago; Bitget: live order book, 1 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, 16 min ago	11.88 bp	34.2 bp −$34	149.3 bp −$1,493	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	3.94 bp	19.5 bp −$20	229.0 bp −$2,290	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	1.2690	+0.026%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2700	+0.104%	$2.0M	$3.8M	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2670	−0.132%	$2.4M	$2.1M	50x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2660	−0.211%	$2K	$963K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2710	+0.183%	$48K	$95K	20x	as long as short
GRVT RIVER_USDT_Perplong	+0.0130%	4h	1.2687	long leg	$39K	$415K	10x
Bitget RIVERUSDTshort	+0.0280%	4h	1.2690	+0.026%	$3.0M	$1.9M	20x
Gate RIVER_USDT	+0.0376%	4h	1.2670	−0.132%	$421K	$109K	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0561%	1h	1.2689	+0.022%	$58K	$62K	10x	as long as short
Aster RIVERUSDT	+0.0583%	4h	1.2676	−0.081%	$73K	$29K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin RIVER-USDT	+0.0659%	4h	1.2690	+0.026%	$417K	$33K	50x	as long as short
MEXC RIVER_USDT	+0.0670%	4h	1.2690	+0.026%	$3.7M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0677%	4h	1.2695	+0.063%	$6.1M	$10.2M	50x	as long as short
Variational Omni RIVER	+0.1137%	4h	1.2673	−0.106%	$42K	$20K	—	as long as short
BingX RIVER-USDT	+0.1378%	4h	1.2690	+0.026%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.1430%	4h	1.2690	+0.026%	$3.8M	$1.7M	25x	as long as short