Funding arb · Price arb /

RIVER

all RIVER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%

Price spread now: GRVT against KuCoin−0.065%7-day average +0.086% · you buy dearer than you sell

Net, funding: paid 7d − costs−$491as in the Funding arb table

Net, price: spread back to 7d avg − costs−$471as in the Price arb table

costs, in and out, $10k−$4564.558% of the position

Long on KuCoin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.354%−$35 on $10k

Price spread, last 3 days (all we have)+0.238%+$24 · spread now −0.065%, 7d avg +0.086%

Together, before fees−0.115%+ Points / potential airdropGRVT: Active · farm board−$12 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: GRVT is 0.152% cheaper against KuCoin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.086%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RIVERUSDTM	1.2740	0.0100	pay 0.0050% / 4h	2h 49m	$2.5M	$2.6M	50x
Short	GRVT RIVER_USDT_Perp	1.2732	0.0100	get 0.0050% / 4h	2h 49m	$37K	$438K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.065%Rate

Funding earned: $0
Price spread: −0.065% → +0.086%: −$15.18
Slippage, 4 orders: −$434.76
Fee KuCoin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$470.94
Costs to cover: 4.558%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; GRVT: live order book, 18 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, 3 min ago	7.87 bp	41.7 bp −$42	949.4 bp −$9,494	doesn't fit	doesn't fit
Sell GRVT live order book, 18 min ago	181.12 bp	185.6 bp −$186	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	1.2750	+0.078%	$41K	$17K	3x	as long as short
KuCoin RIVERUSDTMlong	+0.0100%	4h	1.2740	long leg	$2.5M	$2.6M	50x
GRVT RIVER_USDT_Perpshort	+0.0100%	4h	1.2732	−0.065%	$37K	$438K	10x
SunX RIVER-USDT	+0.0100%	4h	1.2730	−0.078%	$1K	$1.0M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2760	+0.157%	$48K	$94K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0104%	4h	1.2760	+0.157%	$2.1M	$3.8M	20x	as long as short
Bitget RIVERUSDT	+0.0274%	4h	1.2750	+0.078%	$3.0M	$2.0M	20x	as long as short
Variational Omni RIVER	+0.0337%	4h	1.2733	−0.055%	$43K	$20K	—	as long as short
Gate RIVER_USDT	+0.0456%	4h	1.2760	+0.157%	$427K	$101K	20x	as long as short
MEXC RIVER_USDT	+0.0556%	4h	1.2750	+0.078%	$3.7M	$1.5M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance RIVERUSDT	+0.0557%	4h	1.2750	+0.078%	$6.1M	$10.7M	50x	as long as short
BloFin RIVER-USDT	+0.0573%	4h	1.2740	0.000%	$428K	$33K	50x	as long as short
Aster RIVERUSDT	+0.0746%	4h	1.2745	+0.043%	$73K	$29K	10x	as long as short
BingX RIVER-USDT	+0.1134%	4h	1.2750	+0.078%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.1142%	4h	1.2740	0.000%	$3.8M	$1.7M	25x	as long as short
Kraken Futures PF_RIVERUSD	+0.1252%	1h	1.2781	+0.320%	$57K	$70K	10x	as long as short