RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.60 per $10,000 · paid last 24h +0.089%

Price spread now: Bitget against OKX0.000%7-day average −0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$730.727% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.337%+$34 on $10k

Price spread, last 7 days+0.028%+$3 · spread now 0.000%, 7d avg −0.040%

Together, before fees+0.365%+$36 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.040% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread 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	OKX RIVER-USDT-SWAP	1.2680	0.0100	pay 0.0050% / 4h	2h 13m	$2.0M	$3.7M	20x
Short	Bitget RIVERUSDT	1.2680	0.0220	get 0.0110% / 4h	2h 13m	$3.0M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: $25.2
Price spread: 0.000% → −0.040%: $4.03
Slippage, 4 orders: −$50.72
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$43.49
Costs to cover: 0.727%
Break-even: 19.1 days

Slippage from OKX: live order book, 4 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 OKX live order book, 4 min ago	3.93 bp	14.7 bp −$15	108.1 bp −$1,081	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	3.93 bp	18.2 bp −$18	274.3 bp −$2,743	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	1.2700	+0.158%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAPlong	+0.0100%	4h	1.2680	long leg	$2.0M	$3.7M	20x
KuCoin RIVERUSDTM	+0.0100%	4h	1.2680	0.000%	$2.5M	$2.0M	50x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2670	−0.079%	$1K	$945K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2700	+0.158%	$48K	$95K	20x	as long as short
GRVT RIVER_USDT_Perp	+0.0200%	4h	1.2710	+0.237%	$31K	$429K	10x	as long as short
Gate RIVER_USDT	+0.0220%	4h	1.2710	+0.237%	$421K	$108K	20x	as long as short
Bitget RIVERUSDTshort	+0.0220%	4h	1.2680	0.000%	$3.0M	$1.9M	20x
Kraken Futures PF_RIVERUSD	+0.0479%	1h	1.2705	+0.199%	$56K	$58K	10x	as long as short
BloFin RIVER-USDT	+0.0585%	4h	1.2720	+0.315%	$420K	$36K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster RIVERUSDT	+0.0607%	4h	1.2696	+0.127%	$73K	$29K	10x	as long as short
MEXC RIVER_USDT	+0.0632%	4h	1.2690	+0.079%	$3.5M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0633%	4h	1.2690	+0.079%	$6.0M	$10.3M	50x	as long as short
Variational Omni RIVER	+0.1129%	4h	1.2694	+0.114%	$42K	$20K	—	as long as short
BingX RIVER-USDT	+0.1576%	4h	1.2700	+0.158%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.1653%	4h	1.2670	−0.079%	$3.8M	$1.7M	25x	as long as short