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

RIVER

all RIVER markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0298%/8h= −32.6% APRnext payment $1.49 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against GRVT−0.319%74s7-day average −0.116% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.281%+$28 · spread now −0.319%, 7d avg −0.116%
Together, before fees+0.275%+ Points / potential airdropGRVT: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and SunX is 0.203% cheaper against GRVT than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.116%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.006% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT RIVER_USDT_Perp1.28110.0398pay 0.0199% / 4h3h 32m$30K$459K10x
ShortSunX RIVER-USDT1.27700.0100get 0.0050% / 4h3h 32m$1K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$62.58
Price spread: −0.319% → −0.116%
−$20.34
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$99.92
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 20 min ago; SunX: live order book, 1 min ago. Net counts fees only.

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, 20 min ago11.74 bp52.5 bp −$52180.1 bp −$1,801doesn't fitdoesn't fit
Sell SunX live order book, 1 min ago496.68 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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%1h1.2800−0.085%$41K$14K3xas long as short
KuCoin RIVERUSDTM+0.0100%4h1.2800−0.085%$2.5M$3.4M50xas long as short
Variational Omni RIVER+0.0100%4h1.2788−0.181%$43K$4Kas long as short
SunX RIVER-USDTshort+0.0100%4h1.2770−0.319%$1K$1.1M20x
HTX RIVER-USDT+0.0100%4h1.2830+0.149%$50K$71K20xas long as short
OKX RIVER-USDT-SWAP+0.0233%4h1.2810−0.007%$2.1M$4.0M20xas long as short
GRVT RIVER_USDT_Perplong+0.0398%4h1.2811long leg$30K$459K10x
Bitget RIVERUSDT+0.0454%4h1.2800−0.085%$3.1M$2.2M20xas long as short
BloFin RIVER-USDT+0.0464%4h1.2820+0.071%$413K$33K50xas long as short
MEXC RIVER_USDT+0.0480%4h1.2800−0.085%$3.7M$1.6M50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance RIVERUSDT+0.0482%4h1.2810−0.007%$6.1M$11.3M50xas long as short
Kraken Futures PF_RIVERUSD+0.0614%1h1.2786−0.192%$57K$67K10xas long as short
BingX RIVER-USDT+0.0622%4h1.2810−0.007%$6.8Mas long as short
Bybit RIVERUSDT+0.0690%4h1.2790−0.163%$3.9M$1.8M25xas long as short
Aster RIVERUSDT+0.0850%4h1.2810−0.007%$73K$27K10xas long as short
Gate RIVER_USDT+0.0858%4h1.2810−0.007%$431K$103K20xas long as short