RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0450%/8h= +49.3% APRnext payment +$2.25 per $10,000 · paid last 24h +0.160%

Price spread now: MEXC against KuCoin+0.158%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$940.944% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.071%+$7 on $10k

Price spread, last 7 days−0.241%−$24 · spread now +0.158%, 7d avg +0.057%

Together, before fees−0.169%−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and MEXC is 0.101% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.057%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RIVERUSDTM	1.2650	0.0100	pay 0.0050% / 4h	3h 38m	$2.5M	$2.4M	50x
Short	MEXC RIVER_USDT	1.2670	0.0550	get 0.0275% / 4h	3h 38m	$3.8M	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.158%Rate

Funding earned: $94.5
Price spread: +0.158% → +0.057%: $10.07
Slippage, 4 orders: −$82.4
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: $10.17
Costs to cover: 0.944%
Break-even: 6.2 days

Slippage from KuCoin: live order book, 9 min ago; MEXC: live order book, 4 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, 9 min ago	3.95 bp	38.3 bp −$38	1012.1 bp −$10.1K	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	3.94 bp	8.6 bp −$9	29.5 bp −$295	195.6 bp −$19.6K	585.7 bp −$292.8K

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	+0.158%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2670	+0.158%	$2.1M	$3.8M	20x	as long as short
Gate RIVER_USDT	+0.0100%	4h	1.2680	+0.237%	$427K	$111K	20x	as long as short
KuCoin RIVERUSDTMlong	+0.0100%	4h	1.2650	long leg	$2.5M	$2.4M	50x
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2706	+0.440%	$36K	$425K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2650	0.000%	$1K	$998K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2710	+0.474%	$48K	$95K	20x	as long as short
Bitget RIVERUSDT	+0.0202%	4h	1.2670	+0.158%	$3.0M	$1.9M	20x	as long as short
Variational Omni RIVER	+0.0399%	4h	1.2688	+0.301%	$42K	$20K	—	as long as short
BingX RIVER-USDT	+0.0532%	4h	1.2670	+0.158%	—	$6.8M	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin RIVER-USDT	+0.0540%	4h	1.2680	+0.237%	$422K	$33K	50x	as long as short
Binance RIVERUSDT	+0.0548%	4h	1.2670	+0.158%	$6.1M	$10.5M	50x	as long as short
MEXC RIVER_USDTshort	+0.0550%	4h	1.2670	+0.158%	$3.8M	$1.5M	50x
Aster RIVERUSDT	+0.0608%	4h	1.2664	+0.114%	$73K	$31K	10x	as long as short
Kraken Futures PF_RIVERUSD	+0.0791%	1h	1.2670	+0.155%	$57K	$71K	10x	as long as short
Bybit RIVERUSDT	+0.0899%	4h	1.2670	+0.158%	$3.8M	$1.7M	25x	as long as short