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 0.000%

Price spread now: SunX against KuCoin−0.079%7-day average −0.040% · you buy dearer than you sell

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

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.340%−$34 on $10k

Price spread, last 4 days (all we have)+0.716%+$72 · spread now −0.079%, 7d avg −0.040%

Together, before fees+0.376%+$38 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: SunX is 0.039% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RIVERUSDTM	1.2710	0.0100	pay 0.0050% / 4h	1h 36m	$2.5M	$2.9M	50x
Short	SunX RIVER-USDT	1.2700	0.0100	get 0.0050% / 4h	1h 36m	$2K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.079%Rate

Funding earned: $0
Price spread: −0.079% → −0.040%: −$3.87
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$23.87
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 6 min ago; SunX: live order book, 7 min ago. 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, 6 min ago	7.87 bp	39.9 bp −$40	1019.0 bp −$10.2K	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	498.23 bp	doesn't fit	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	1.2740	+0.236%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTMlong	+0.0100%	4h	1.2710	long leg	$2.5M	$2.9M	50x
Variational Omni RIVER	+0.0100%	4h	1.2708	−0.019%	$43K	$20K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2691	−0.148%	$38K	$446K	10x	as long as short
SunX RIVER-USDTshort	+0.0100%	4h	1.2700	−0.079%	$2K	$1.1M	20x
HTX RIVER-USDT	+0.0100%	4h	1.2730	+0.157%	$48K	$88K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0203%	4h	1.2740	+0.236%	$2.1M	$3.8M	20x	as long as short
Gate RIVER_USDT	+0.0260%	4h	1.2720	+0.079%	$430K	$102K	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0311%	1h	1.2727	+0.136%	$57K	$70K	10x	as long as short
BloFin RIVER-USDT	+0.0398%	4h	1.2730	+0.157%	$426K	$32K	50x	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	+0.0404%	4h	1.2730	+0.157%	$3.9M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0405%	4h	1.2740	+0.236%	$6.1M	$10.8M	50x	as long as short
Bitget RIVERUSDT	+0.0456%	4h	1.2730	+0.157%	$3.0M	$1.9M	20x	as long as short
Bybit RIVERUSDT	+0.0557%	4h	1.2720	+0.079%	$3.8M	$1.7M	25x	as long as short
BingX RIVER-USDT	+0.0578%	4h	1.2720	+0.079%	—	$6.8M	—	as long as short
Aster RIVERUSDT	+0.0860%	4h	1.2724	+0.114%	$73K	$29K	10x	as long as short