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 0.000%

Price spread now: Gate against KuCoin+0.079%7-day average +0.111% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2,050as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,016as in the Price arb table

costs, in and out, $10k−$2,01320.130% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.374%−$37 on $10k

Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.079%, 7d avg +0.111%

Together, before fees−0.334%−$33 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: Gate is 0.032% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.111%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RIVERUSDTM	1.2660	0.0100	pay 0.0050% / 4h	2h 46m	$2.4M	$2.0M	50x
Short	Gate RIVER_USDT	1.2670	0.0100	get 0.0050% / 4h	2h 46m	$420K	$107K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now +0.079%Rate

Funding earned: $0
Price spread: +0.079% → +0.111%: −$3.16
Slippage, 4 orders: −$1,985.95
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$2,016.12
Costs to cover: 20.130%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; Gate: live order book, 39 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 KuCoin live order book, 6 min ago	7.91 bp	43.9 bp −$44	794.5 bp −$7,945	doesn't fit	doesn't fit
Sell Gate live order book, 39 min ago	7.90 bp	456.7 bp −$457	doesn't fit	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	1.2670	+0.079%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2670	+0.079%	$2.0M	$3.7M	20x	as long as short
Gate RIVER_USDTshort	+0.0100%	4h	1.2670	+0.079%	$420K	$107K	20x
KuCoin RIVERUSDTMlong	+0.0100%	4h	1.2660	long leg	$2.4M	$2.0M	50x
Bitget RIVERUSDT	+0.0100%	4h	1.2660	0.000%	$3.0M	$1.9M	20x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2640	−0.158%	$1K	$935K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2700	+0.316%	$48K	$95K	20x	as long as short
GRVT RIVER_USDT_Perp	+0.0160%	4h	1.2660	−0.001%	$31K	$438K	10x	as long as short
Kraken Futures PF_RIVERUSD	+0.0480%	1h	1.2680	+0.161%	$56K	$61K	10x	as long as short
Aster RIVERUSDT	+0.0480%	4h	1.2654	−0.048%	$73K	$31K	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	+0.0534%	4h	1.2670	+0.079%	$3.5M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0541%	4h	1.2670	+0.082%	$6.0M	$10.3M	50x	as long as short
BloFin RIVER-USDT	+0.0576%	4h	1.2670	+0.079%	$415K	$35K	50x	as long as short
Variational Omni RIVER	+0.1176%	4h	1.2675	+0.119%	$42K	$20K	—	as long as short
BingX RIVER-USDT	+0.1640%	4h	1.2670	+0.079%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.1718%	4h	1.2670	+0.079%	$3.8M	$1.7M	25x	as long as short