RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1490%/8h= +163.2% APRnext payment +$7.45 per $10,000 · paid last 24h +0.202%

Price spread now: BingX against OKX0.000%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$730.726% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.582%+$58 on $10k

Price spread, last 7 days+0.055%+$5 · spread now 0.000%, 7d avg +0.019%

Together, before fees+0.637%+$64 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$45 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.582% in total (about 30.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.45 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	OKX RIVER-USDT-SWAP	1.2620	0.0100	pay 0.0050% / 4h	2h 39m	$2.0M	$3.7M	20x
Short	BingX RIVER-USDT	1.2620	0.1590	get 0.0795% / 4h	2h 39m	—	$6.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $312.9
Price spread: 0.000% → +0.019%: −$1.95
Slippage, 4 orders: −$52.57
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: $238.38
Costs to cover: 0.726%
Break-even: 1.7 days

Slippage from OKX: live order book, 3 min ago; BingX: live order book, 3 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 OKX live order book, 3 min ago	3.96 bp	20.1 bp −$20	120.7 bp −$1,207	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	7.91 bp	23.4 bp −$23	58.7 bp −$587	404.5 bp −$40.4K	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	1.2620	0.000%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAPlong	+0.0100%	4h	1.2620	long leg	$2.0M	$3.7M	20x
Gate RIVER_USDT	+0.0100%	4h	1.2630	+0.079%	$419K	$107K	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2610	−0.079%	$2.4M	$2.0M	50x	as long as short
Bitget RIVERUSDT	+0.0100%	4h	1.2620	0.000%	$3.0M	$1.9M	20x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2590	−0.238%	$2K	$940K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2650	+0.238%	$48K	$95K	20x	as long as short
GRVT RIVER_USDT_Perp	+0.0166%	4h	1.2650	+0.239%	$31K	$438K	10x	as long as short
Kraken Futures PF_RIVERUSD	+0.0482%	1h	1.2637	+0.135%	$56K	$59K	10x	as long as short
Aster RIVERUSDT	+0.0492%	4h	1.2630	+0.075%	$72K	$31K	10x	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	+0.0542%	4h	1.2620	0.000%	$3.5M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0548%	4h	1.2621	+0.011%	$6.0M	$10.3M	50x	as long as short
BloFin RIVER-USDT	+0.0602%	4h	1.2630	+0.079%	$413K	$35K	50x	as long as short
Variational Omni RIVER	+0.1136%	4h	1.2645	+0.199%	$42K	$20K	—	as long as short
BingX RIVER-USDTshort	+0.1590%	4h	1.2620	0.000%	—	$6.8M	—
Bybit RIVERUSDT	+0.1624%	4h	1.2630	+0.079%	$3.8M	$1.7M	25x	as long as short