Funding arb · Price arb /

RIVER

all RIVER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against SunX−0.078%74s7-day average +0.114% · you buy dearer than you sell

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

Long on SunX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 4 days (all we have)−0.291%−$29 · spread now −0.078%, 7d avg +0.114%

Together, before fees−0.285%+ Points / potential airdropGRVT: Active · farm board−$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.192% cheaper against SunX than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.114%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX RIVER-USDT	1.2720	0.0100	pay 0.0050% / 4h	1h 44m	$1K	$1.1M	20x
Short	GRVT RIVER_USDT_Perp	1.2710	0.0100	get 0.0050% / 4h	1h 44m	$40K	$443K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.078%Rate

Funding earned: $0
Price spread: −0.078% → +0.114%: −$19.17
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$36.17
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 9 min ago; GRVT: live order book, 18 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, 9 min ago	497.45 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 18 min ago	11.74 bp	104.1 bp −$104	201.7 bp −$2,017	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	1.2730	+0.079%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2720	0.000%	$2.5M	$2.8M	50x	as long as short
GRVT RIVER_USDT_Perpshort	+0.0100%	4h	1.2710	−0.078%	$40K	$443K	10x
SunX RIVER-USDTlong	+0.0100%	4h	1.2720	long leg	$1K	$1.1M	20x
HTX RIVER-USDT	+0.0100%	4h	1.2720	0.000%	$48K	$88K	20x	as long as short
Variational Omni RIVER	+0.0111%	4h	1.2708	−0.096%	$43K	$20K	—	as long as short
OKX RIVER-USDT-SWAP	+0.0186%	4h	1.2740	+0.157%	$2.1M	$3.8M	20x	as long as short
Gate RIVER_USDT	+0.0258%	4h	1.2730	+0.079%	$430K	$102K	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0310%	1h	1.2749	+0.232%	$57K	$70K	10x	as long as short
BloFin RIVER-USDT	+0.0352%	4h	1.2730	+0.079%	$423K	$32K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance RIVERUSDT	+0.0402%	4h	1.2741	+0.168%	$6.1M	$10.8M	50x	as long as short
MEXC RIVER_USDT	+0.0404%	4h	1.2730	+0.079%	$3.9M	$1.5M	50x	as long as short
Bitget RIVERUSDT	+0.0414%	4h	1.2730	+0.079%	$3.0M	$1.9M	20x	as long as short
Bybit RIVERUSDT	+0.0621%	4h	1.2730	+0.079%	$3.8M	$1.7M	25x	as long as short
BingX RIVER-USDT	+0.0622%	4h	1.2740	+0.157%	—	$6.8M	—	as long as short
Aster RIVERUSDT	+0.0833%	4h	1.2740	+0.157%	$73K	$28K	10x	as long as short