RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0466%/8h= +51.0% APRnext payment +$0.58 per $10,000 · paid last 24h −0.094%

Price spread now: Kraken Futures against Lighter+0.074%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Kraken Futures is 0.074% dearer against Lighter than usual: you sell high and buy low: +$7 more if the spread 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	Lighter RIVER	1.2650	0.0096	pay 0.0012% / 1h	33m 11s	$41K	$17K	3x
Short	Kraken Futures PF_RIVERUSD	1.2659	0.0562	get 0.0070% / 1h	33m 11s	$57K	$63K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Lighter. 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 LighterbpFee Kraken FuturesbpOrdersPrice spread, now +0.074%Rate

Funding earned: $97.88
Price spread: +0.074% → 0.000%: $7.37
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $95.25
Costs to cover: 0.100%
Break-even: 0.2 days

Slippage unknown: Lighter: no order-book sample; Kraken Futures: 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 Lighter no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Lighter and Kraken Futures: 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 RIVERlong	+0.0096%	1h	1.2650	long leg	$41K	$17K	3x
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2640	−0.079%	$2.0M	$3.7M	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2660	+0.079%	$2.4M	$2.0M	50x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2683	+0.257%	$39K	$415K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2610	−0.316%	$2K	$951K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2700	+0.395%	$48K	$95K	20x	as long as short
Bitget RIVERUSDT	+0.0238%	4h	1.2650	0.000%	$3.0M	$1.9M	20x	as long as short
Gate RIVER_USDT	+0.0378%	4h	1.2620	−0.237%	$419K	$107K	20x	as long as short
Kraken Futures PF_RIVERUSDshort	+0.0562%	1h	1.2659	+0.074%	$57K	$63K	10x
Aster RIVERUSDT	+0.0619%	4h	1.2649	−0.006%	$73K	$29K	10x	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	+0.0624%	4h	1.2640	−0.079%	$420K	$33K	50x	as long as short
Binance RIVERUSDT	+0.0654%	4h	1.2650	0.000%	$6.0M	$10.2M	50x	as long as short
MEXC RIVER_USDT	+0.0658%	4h	1.2650	0.000%	$3.7M	$1.5M	50x	as long as short
Variational Omni RIVER	+0.1150%	4h	1.2684	+0.265%	$42K	$20K	—	as long as short
BingX RIVER-USDT	+0.1512%	4h	1.2650	0.000%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.1581%	4h	1.2650	0.000%	$3.8M	$1.7M	25x	as long as short