RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0193%/8h= +21.1% APRnext payment +$0.96 per $10,000 · paid last 24h −0.024%

Price spread now: Gate against OKX−0.235%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,318as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,322as in the Price arb table

costs, in and out, $10k−$2,30123.005% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.172%−$17 on $10k

Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.235%, 7d avg −0.021%

Together, before fees−0.081%−$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.214% cheaper against OKX than usual: you would sell low and buy high (spread −0.235% now, against its 7-day average of −0.021%). If the spread goes back, that is −$21 on $10k: about 3.7 days of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.172%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX RIVER-USDT-SWAP	1.2760	0.0137	pay 0.0069% / 4h	2h 32m	$2.1M	$3.8M	20x
Short	Gate RIVER_USDT	1.2730	0.0330	get 0.0165% / 4h	2h 32m	$429K	$102K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.235%Rate

Funding earned: $40.47
Price spread: −0.235% → −0.021%: −$21.45
Slippage, 4 orders: −$2,275.54
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$2,281.51
Costs to cover: 23.005%
Break-even: 401.6 days

Slippage from OKX: live order book, 5 min ago; Gate: live order book, 33 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	3.93 bp	18.9 bp −$19	139.3 bp −$1,393	doesn't fit	doesn't fit
Sell Gate live order book, 33 min ago	7.82 bp	603.9 bp −$604	doesn't fit	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	1.2760	0.000%	$41K	$17K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2740	−0.157%	$2.5M	$2.7M	50x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2743	−0.132%	$33K	$449K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2700	−0.470%	$1K	$1.0M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2770	+0.078%	$48K	$94K	20x	as long as short
OKX RIVER-USDT-SWAPlong	+0.0137%	4h	1.2760	long leg	$2.1M	$3.8M	20x
Variational Omni RIVER	+0.0325%	4h	1.2753	−0.055%	$43K	$20K	—	as long as short
Bitget RIVERUSDT	+0.0328%	4h	1.2740	−0.157%	$3.0M	$2.0M	20x	as long as short
Gate RIVER_USDTshort	+0.0330%	4h	1.2730	−0.235%	$429K	$102K	20x
MEXC RIVER_USDT	+0.0534%	4h	1.2740	−0.157%	$3.8M	$1.5M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance RIVERUSDT	+0.0535%	4h	1.2756	−0.031%	$6.1M	$10.8M	50x	as long as short
Aster RIVERUSDT	+0.0776%	4h	1.2720	−0.313%	$73K	$29K	10x	as long as short
BingX RIVER-USDT	+0.0952%	4h	1.2750	−0.078%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.0967%	4h	1.2750	−0.078%	$3.8M	$1.7M	25x	as long as short
Kraken Futures PF_RIVERUSD	+0.1255%	1h	1.2746	−0.108%	$57K	$70K	10x	as long as short