RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.29 per $10,000 · paid last 24h +0.069%

Price spread now: Bybit against MEXC0.000%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$139as in the Price arb table

costs, in and out, $10k−$1391.395% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.255%+$25 on $10k

Price spread, last 7 days−0.080%−$8 · spread now 0.000%, 7d avg −0.005%

Together, before fees+0.175%+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.255%, 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	1.2640	0.0392	pay 0.0196% / 4h	53m 04s	$3.7M	$1.6M	50x
Short	Bybit RIVERUSDT	1.2640	0.0334	get 0.0167% / 4h	53m 04s	$3.8M	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$12.21
Price spread: 0.000% → −0.005%: $0.48
Slippage, 4 orders: −$128.48
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$151.2
Costs to cover: 1.395%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Bybit: 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, 4 min ago	3.94 bp	7.1 bp −$7	39.8 bp −$398	228.9 bp −$22.9K	643.0 bp −$321.5K
Sell Bybit live order book, 4 min ago	3.95 bp	61.2 bp −$61	624.3 bp −$6,243	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	1.2650	+0.079%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2640	0.000%	$2.5M	$3.1M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2683	+0.339%	$42K	$20K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2678	+0.297%	$29K	$452K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2640	0.000%	$1K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2710	+0.554%	$47K	$67K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0225%	4h	1.2640	0.000%	$2.1M	$3.8M	20x	as long as short
Gate RIVER_USDT	+0.0280%	4h	1.2660	+0.158%	$428K	$102K	20x	as long as short
Bybit RIVERUSDTshort	+0.0334%	4h	1.2640	0.000%	$3.8M	$1.7M	25x
BloFin RIVER-USDT	+0.0370%	4h	1.2690	+0.396%	$427K	$32K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance RIVERUSDT	+0.0389%	4h	1.2640	0.000%	$6.0M	$11.0M	50x	as long as short
MEXC RIVER_USDTlong	+0.0392%	4h	1.2640	long leg	$3.7M	$1.6M	50x
BingX RIVER-USDT	+0.0533%	4h	1.2640	0.000%	—	$6.8M	—	as long as short
Bitget RIVERUSDT	+0.0550%	4h	1.2640	0.000%	$3.0M	$2.0M	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0639%	1h	1.2662	+0.175%	$57K	$70K	10x	as long as short
Aster RIVERUSDT	+0.0837%	4h	1.2668	+0.221%	$72K	$29K	10x	as long as short