RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1330%/8h= +145.6% APRnext payment +$6.65 per $10,000 · paid last 24h +0.207%

Price spread now: Bybit against SunX+0.158%7-day average +0.146% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.615%+$62 on $10k

Price spread, last 3 days (all we have)−0.159%−$16 · spread now +0.158%, 7d avg +0.146%

Together, before fees+0.456%+$46 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.146%, so right now this pair is about funding alone: +$40 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 0.615% in total (about 32.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.65 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	SunX RIVER-USDT	1.2670	0.0100	pay 0.0050% / 4h	1h 01m	$2K	$963K	20x
Short	Bybit RIVERUSDT	1.2690	0.1430	get 0.0715% / 4h	1h 01m	$3.8M	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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 SunXbpFee BybitbpOrdersPrice spread, now +0.158%Rate

Funding earned: $279.3
Price spread: +0.158% → +0.146%: $1.2
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $261.5
Costs to cover: 0.190%
Break-even: 0.4 days

Slippage unknown: SunX: live order book, 71 min ago; Bybit: live order book, 1 min ago. Net counts fees only.

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 SunX live order book, 71 min ago	502.17 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	3.94 bp	41.5 bp −$42	528.5 bp −$5,285	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	+0.237%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2690	+0.158%	$2.0M	$3.8M	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2680	+0.079%	$2.5M	$2.1M	50x	as long as short
SunX RIVER-USDTlong	+0.0100%	4h	1.2670	long leg	$2K	$963K	20x
HTX RIVER-USDT	+0.0100%	4h	1.2710	+0.316%	$48K	$95K	20x	as long as short
GRVT RIVER_USDT_Perp	+0.0130%	4h	1.2687	+0.132%	$39K	$415K	10x	as long as short
Bitget RIVERUSDT	+0.0280%	4h	1.2690	+0.158%	$3.0M	$1.9M	20x	as long as short
Gate RIVER_USDT	+0.0376%	4h	1.2680	+0.079%	$421K	$109K	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0560%	1h	1.2699	+0.232%	$58K	$62K	10x	as long as short
Aster RIVERUSDT	+0.0583%	4h	1.2680	+0.081%	$73K	$29K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin RIVER-USDT	+0.0651%	4h	1.2690	+0.158%	$417K	$33K	50x	as long as short
MEXC RIVER_USDT	+0.0670%	4h	1.2690	+0.158%	$3.7M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0677%	4h	1.2690	+0.158%	$6.1M	$10.3M	50x	as long as short
Variational Omni RIVER	+0.1137%	4h	1.2673	+0.026%	$42K	$20K	—	as long as short
BingX RIVER-USDT	+0.1378%	4h	1.2690	+0.158%	—	$6.8M	—	as long as short
Bybit RIVERUSDTshort	+0.1430%	4h	1.2690	+0.158%	$3.8M	$1.7M	25x