RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0148%/8h= −16.2% APRnext payment −$0.74 per $10,000 · paid last 24h −0.047%

Price spread now: Bitget against MEXC0.000%7-day average −0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$570.571% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 7 days+0.014%+$1 · spread now 0.000%, 7d avg −0.036%

Together, before fees+0.128%+$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.036% dearer against MEXC than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.036%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 20 hours. Mind the row above: over the last 7 days funding on this pair paid +0.114%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC RIVER_USDT	1.2720	0.0472	pay 0.0236% / 4h	2h 08m	$3.8M	$1.6M	50x
Short	Bitget RIVERUSDT	1.2720	0.0324	get 0.0162% / 4h	2h 08m	$3.0M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$31.08
Price spread: 0.000% → −0.036%: $3.62
Slippage, 4 orders: −$45.06
Fee MEXC: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$84.52
Costs to cover: 0.571%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Bitget: 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 MEXC live order book, 3 min ago	3.92 bp	3.9 bp −$4	24.9 bp −$249	204.3 bp −$20.4K	598.4 bp −$299.2K
Sell Bitget live order book, 4 min ago	7.85 bp	22.3 bp −$22	315.0 bp −$3,150	doesn't fit	doesn't fit

RIVER on 15 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	1.2710	−0.079%	$41K	$17K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2700	−0.157%	$2.5M	$2.7M	50x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2740	+0.155%	$33K	$435K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2670	−0.393%	$1K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2760	+0.314%	$48K	$88K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0152%	4h	1.2730	+0.079%	$2.1M	$3.8M	20x	as long as short
Variational Omni RIVER	+0.0223%	4h	1.2748	+0.218%	$43K	$20K	—	as long as short
Gate RIVER_USDT	+0.0262%	4h	1.2710	−0.079%	$428K	$103K	20x	as long as short
Bitget RIVERUSDTshort	+0.0324%	4h	1.2720	0.000%	$3.0M	$1.9M	20x
Binance RIVERUSDT	+0.0465%	4h	1.2722	+0.016%	$6.1M	$10.9M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC RIVER_USDTlong	+0.0472%	4h	1.2720	long leg	$3.8M	$1.6M	50x
Bybit RIVERUSDT	+0.0754%	4h	1.2710	−0.079%	$3.8M	$1.7M	25x	as long as short
BingX RIVER-USDT	+0.0766%	4h	1.2720	0.000%	—	$6.8M	—	as long as short
Aster RIVERUSDT	+0.0802%	4h	1.2704	−0.125%	$73K	$29K	10x	as long as short
Kraken Futures PF_RIVERUSD	+0.1259%	1h	1.2712	−0.065%	$57K	$70K	10x	as long as short