Funding arb · Price arb /

RIVER

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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 0.000%

Price spread now: HTX against KuCoin+0.392%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.326%−$33 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.392% dearer against KuCoin than usual: you sell high and buy low, +$39 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RIVERUSDTM	1.2770	0.0100	pay 0.0050% / 4h	1h 12m	$2.5M	$3.0M	50x
Short	HTX RIVER-USDT	1.2820	0.0100	get 0.0050% / 4h	1h 12m	$48K	$67K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.392%Rate

Funding earned: $0
Price spread: +0.392% → 0.000%: $39.15
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: $15.15
Costs to cover: 0.240%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 4 min ago; HTX: no order-book sample. Net counts fees only.

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, 4 min ago	7.82 bp	37.0 bp −$37	1005.8 bp −$10.1K	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1.2780	+0.078%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTMlong	+0.0100%	4h	1.2770	long leg	$2.5M	$3.0M	50x
Variational Omni RIVER	+0.0100%	4h	1.2808	+0.294%	$43K	$20K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2820	+0.392%	$37K	$447K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2800	+0.235%	$1K	$1.1M	20x	as long as short
HTX RIVER-USDTshort	+0.0100%	4h	1.2820	+0.392%	$48K	$67K	20x
OKX RIVER-USDT-SWAP	+0.0229%	4h	1.2780	+0.078%	$2.1M	$3.8M	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0308%	1h	1.2863	+0.729%	$58K	$70K	10x	as long as short
Binance RIVERUSDT	+0.0404%	4h	1.2781	+0.082%	$6.1M	$10.8M	50x	as long as short
MEXC RIVER_USDT	+0.0404%	4h	1.2780	+0.078%	$3.9M	$1.6M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate RIVER_USDT	+0.0412%	4h	1.2790	+0.157%	$432K	$103K	20x	as long as short
Bybit RIVERUSDT	+0.0413%	4h	1.2770	0.000%	$3.9M	$1.7M	25x	as long as short
BloFin RIVER-USDT	+0.0464%	4h	1.2820	+0.392%	$431K	$33K	50x	as long as short
BingX RIVER-USDT	+0.0602%	4h	1.2780	+0.078%	—	$6.8M	—	as long as short
Bitget RIVERUSDT	+0.0612%	4h	1.2770	0.000%	$3.0M	$1.9M	20x	as long as short
Aster RIVERUSDT	+0.0884%	4h	1.2780	+0.078%	$73K	$29K	10x	as long as short