Settings8H · net · $10k
Funding arb · Price arb /

RIVER

all RIVER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0332%/8h= +36.3% APRnext payment +$1.66 per $10,000 · paid last 24h +0.161%
Price spread now: BloFin against GRVT−0.330%7-day average +0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$1761.755% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.420%+$42 on $10k
Price spread, last 4 days (all we have)+1.016%+$102 · spread now −0.330%, 7d avg +0.106%
Together, before fees+1.436%+ Points / potential airdropGRVT: Active · farm board+$144 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.436% cheaper against GRVT than usual: you would sell low and buy high (spread −0.330% now, against its 7-day average of +0.106%). If the spread goes back, that is −$44 on $10k: about 4.4 days of funding at the current rate (+$10 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT RIVER_USDT_Perp1.28620.0100pay 0.0050% / 4h1h 15m$37K$447K10x
ShortBloFin RIVER-USDT1.28200.0432get 0.0216% / 4h1h 15m$429K$33K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$69.7
Price spread: −0.330% → +0.106%
−$43.57
Slippage, 4 orders
−$154.53
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$149.4
Costs to cover
1.755%
Break-even
22.0 days
Slippage from GRVT: live order book, 47 min ago; BloFin: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 47 min ago11.74 bp39.1 bp −$39202.7 bp −$2,027doesn't fitdoesn't fit
Sell BloFin live order book, 25 min ago3.93 bp14.7 bp −$1536.8 bp −$368326.3 bp −$32.6Kdoesn't fit

RIVER on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RIVER+0.0096%1h1.2780−0.641%$41K$14K3xas long as short
KuCoin RIVERUSDTM+0.0100%4h1.2780−0.641%$2.5M$3.0M50xas long as short
Variational Omni RIVER+0.0100%4h1.2808−0.427%$43K$20Kas long as short
GRVT RIVER_USDT_Perplong+0.0100%4h1.2862long leg$37K$447K10x
SunX RIVER-USDT+0.0100%4h1.2790−0.563%$2K$1.1M20xas long as short
HTX RIVER-USDT+0.0100%4h1.2880+0.137%$48K$67K20xas long as short
OKX RIVER-USDT-SWAP+0.0223%4h1.2780−0.641%$2.1M$3.8M20xas long as short
Kraken Futures PF_RIVERUSD+0.0309%1h1.2805−0.448%$58K$70K10xas long as short
Binance RIVERUSDT+0.0412%4h1.2790−0.563%$6.1M$10.8M50xas long as short
Gate RIVER_USDT+0.0412%4h1.2810−0.407%$433K$102K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC RIVER_USDT+0.0416%4h1.2780−0.641%$3.9M$1.6M50xas long as short
BloFin RIVER-USDTshort+0.0432%4h1.2820−0.330%$429K$33K50x
Bybit RIVERUSDT+0.0445%4h1.2770−0.718%$3.9M$1.7M25xas long as short
BingX RIVER-USDT+0.0614%4h1.2780−0.641%$6.8Mas long as short
Bitget RIVERUSDT+0.0634%4h1.2780−0.641%$3.0M$1.9M20xas long as short
Aster RIVERUSDT+0.0888%4h1.2784−0.607%$73K$29K10xas long as short