RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0232%/8h= +25.4% APRnext payment +$1.16 per $10,000 · paid last 24h +0.140%

Price spread now: BloFin against OKX−0.314%7-day average +0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$940.937% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.250%+$25 on $10k

Price spread, last 4 days (all we have)+0.434%+$43 · spread now −0.314%, 7d avg +0.049%

Together, before fees+0.684%+$68 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.364% cheaper against OKX than usual: you would sell low and buy high (spread −0.314% now, against its 7-day average of +0.049%). If the spread goes back, that is −$36 on $10k: about 5.2 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX RIVER-USDT-SWAP	1.2720	0.0149	pay 0.0074% / 4h	2h 22m	$2.1M	$4.0M	20x
Short	BloFin RIVER-USDT	1.2680	0.0381	get 0.0190% / 4h	2h 22m	$401K	$31K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.314%Rate

Funding earned: $48.8
Price spread: −0.314% → +0.049%: −$36.38
Slippage, 4 orders: −$71.75
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$81.33
Costs to cover: 0.937%
Break-even: 18.7 days

Slippage from OKX: live order book, 5 min ago; BloFin: 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, 5 min ago	3.95 bp	24.4 bp −$24	171.5 bp −$1,715	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	11.82 bp	21.6 bp −$22	47.2 bp −$472	308.4 bp −$30.8K	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	1.2690	−0.236%	$41K	$14K	3x	as long as short
Gate RIVER_USDT	+0.0100%	4h	1.2690	−0.236%	$427K	$105K	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2680	−0.314%	$2.5M	$3.7M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2648	−0.567%	$42K	$4K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2690	−0.236%	$26K	$464K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2670	−0.393%	$1K	$1.2M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2720	0.000%	$49K	$71K	20x	as long as short
OKX RIVER-USDT-SWAPlong	+0.0149%	4h	1.2720	long leg	$2.1M	$4.0M	20x
Bybit RIVERUSDT	+0.0219%	4h	1.2700	−0.157%	$3.9M	$1.8M	25x	as long as short
Bitget RIVERUSDT	+0.0272%	4h	1.2680	−0.314%	$3.0M	$2.3M	20x	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	+0.0372%	4h	1.2680	−0.314%	$3.6M	$1.6M	50x	as long as short
BloFin RIVER-USDTshort	+0.0381%	4h	1.2680	−0.314%	$401K	$31K	50x
Binance RIVERUSDT	+0.0386%	4h	1.2706	−0.108%	$6.1M	$11.7M	50x	as long as short
BingX RIVER-USDT	+0.0390%	4h	1.2700	−0.157%	—	$6.8M	—	as long as short
Aster RIVERUSDT	+0.0599%	4h	1.2688	−0.252%	$71K	$28K	10x	as long as short
Kraken Futures PF_RIVERUSD	+0.0720%	1h	1.2665	−0.432%	$52K	$80K	10x	as long as short