Funding arb · Price arb /

RIVER

all RIVER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.049%

Price spread now: OKX against GRVT+0.221%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1211.209% of the position

Long on GRVT Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.193%+$19 on $10k

Price spread, last 3 days (all we have)−0.238%−$24 · spread now +0.221%, 7d avg +0.039%

Together, before fees−0.044%+ Points / potential airdropGRVT: Active · farm board−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.182% dearer against GRVT than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT RIVER_USDT_Perp	1.2632	0.0100	pay 0.0050% / 4h	1h 12m	$39K	$415K	10x
Short	OKX RIVER-USDT-SWAP	1.2660	0.0100	get 0.0050% / 4h	1h 12m	$2.0M	$3.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.221%Rate

Funding earned: $0
Price spread: +0.221% → +0.039%: $18.21
Slippage, 4 orders: −$101.94
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$102.72
Costs to cover: 1.209%
Break-even: never at this rate

Slippage from GRVT: live order book, 5 min ago; OKX: 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, 5 min ago	11.88 bp	34.2 bp −$34	149.3 bp −$1,493	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	3.96 bp	20.1 bp −$20	98.3 bp −$983	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	1.2660	+0.221%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAPshort	+0.0100%	4h	1.2660	+0.221%	$2.0M	$3.8M	20x
KuCoin RIVERUSDTM	+0.0100%	4h	1.2640	+0.062%	$2.4M	$2.1M	50x	as long as short
GRVT RIVER_USDT_Perplong	+0.0100%	4h	1.2632	long leg	$39K	$415K	10x
SunX RIVER-USDT	+0.0100%	4h	1.2630	−0.017%	$1K	$962K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2680	+0.379%	$48K	$95K	20x	as long as short
Bitget RIVERUSDT	+0.0186%	4h	1.2640	+0.062%	$3.0M	$1.9M	20x	as long as short
Gate RIVER_USDT	+0.0366%	4h	1.2640	+0.062%	$420K	$109K	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0561%	1h	1.2681	+0.387%	$58K	$62K	10x	as long as short
Aster RIVERUSDT	+0.0566%	4h	1.2651	+0.147%	$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
MEXC RIVER_USDT	+0.0636%	4h	1.2660	+0.221%	$3.7M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0639%	4h	1.2660	+0.221%	$6.0M	$10.3M	50x	as long as short
BloFin RIVER-USDT	+0.0646%	4h	1.2690	+0.458%	$422K	$33K	50x	as long as short
Variational Omni RIVER	+0.1144%	4h	1.2608	−0.187%	$42K	$20K	—	as long as short
BingX RIVER-USDT	+0.1440%	4h	1.2660	+0.221%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.1473%	4h	1.2660	+0.221%	$3.8M	$1.7M	25x	as long as short