RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0171%/8h= +18.7% APRnext payment +$0.85 per $10,000 · paid last 24h +0.131%

Price spread now: MEXC against OKX−0.159%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$630.632% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.231%+$23 on $10k

Price spread, last 7 days+0.133%+$13 · spread now −0.159%, 7d avg −0.007%

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

Funding pays, the price is against you. MEXC is 0.153% cheaper against OKX than usual: you would sell low and buy high (spread −0.159% now, against its 7-day average of −0.007%). If the spread goes back, that is −$15 on $10k: about 3.0 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX RIVER-USDT-SWAP	1.2540	0.0207	pay 0.0104% / 4h	49m 48s	$2.0M	$3.8M	20x
Short	MEXC RIVER_USDT	1.2520	0.0378	get 0.0189% / 4h	49m 48s	$3.6M	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.159%Rate

Funding earned: $35.82
Price spread: −0.159% → −0.007%: −$15.26
Slippage, 4 orders: −$53.17
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$42.61
Costs to cover: 0.632%
Break-even: 15.3 days

Slippage from OKX: live order book, 3 min ago; MEXC: live order book, 2 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	7.93 bp	21.3 bp −$21	142.6 bp −$1,426	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	3.96 bp	8.7 bp −$9	26.5 bp −$265	207.2 bp −$20.7K	630.5 bp −$315.3K

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	1.2540	0.000%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2530	−0.080%	$2.5M	$3.1M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2608	+0.541%	$42K	$20K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2650	+0.877%	$29K	$452K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2580	+0.319%	$1K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2660	+0.957%	$47K	$66K	20x	as long as short
OKX RIVER-USDT-SWAPlong	+0.0207%	4h	1.2540	long leg	$2.0M	$3.8M	20x
Gate RIVER_USDT	+0.0256%	4h	1.2540	0.000%	$424K	$102K	20x	as long as short
Bybit RIVERUSDT	+0.0315%	4h	1.2540	0.000%	$3.8M	$1.7M	25x	as long as short
Binance RIVERUSDT	+0.0376%	4h	1.2539	−0.007%	$6.0M	$11.0M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC RIVER_USDTshort	+0.0378%	4h	1.2520	−0.159%	$3.6M	$1.6M	50x
BloFin RIVER-USDT	+0.0394%	4h	1.2610	+0.558%	$424K	$32K	50x	as long as short
Bitget RIVERUSDT	+0.0520%	4h	1.2520	−0.159%	$3.0M	$2.0M	20x	as long as short
BingX RIVER-USDT	+0.0526%	4h	1.2540	0.000%	—	$6.8M	—	as long as short
Kraken Futures PF_RIVERUSD	+0.0642%	1h	1.2589	+0.394%	$57K	$70K	10x	as long as short
Aster RIVERUSDT	+0.0813%	4h	1.2535	−0.039%	$72K	$29K	10x	as long as short