Funding arb · Price arb /

RIVER

all RIVER markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: KuCoin against SunX+0.079%7-day average +0.041% · you sell dearer than you buy

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

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.377%+$38 on $10k

Price spread, last 3 days (all we have)−0.238%−$24 · spread now +0.079%, 7d avg +0.041%

Together, before fees+0.138%+$14 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: KuCoin is 0.038% dearer against SunX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX RIVER-USDT	1.2700	0.0100	pay 0.0050% / 4h	1h 38m	$2K	$950K	20x
Short	KuCoin RIVERUSDTM	1.2710	0.0100	get 0.0050% / 4h	1h 38m	$2.4M	$2.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.079%Rate

Funding earned: $0
Price spread: +0.079% → +0.041%: $3.77
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$16.23
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 34 min ago; KuCoin: live order book, 3 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, 34 min ago	502.17 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	3.93 bp	30.2 bp −$30	547.9 bp −$5,479	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	1.2710	+0.079%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2700	0.000%	$2.1M	$3.8M	20x	as long as short
KuCoin RIVERUSDTMshort	+0.0100%	4h	1.2710	+0.079%	$2.4M	$2.0M	50x
SunX RIVER-USDTlong	+0.0100%	4h	1.2700	long leg	$2K	$950K	20x
HTX RIVER-USDT	+0.0100%	4h	1.2740	+0.315%	$49K	$95K	20x	as long as short
GRVT RIVER_USDT_Perp	+0.0102%	4h	1.2750	+0.395%	$39K	$415K	10x	as long as short
Bitget RIVERUSDT	+0.0262%	4h	1.2710	+0.079%	$3.0M	$1.9M	20x	as long as short
Gate RIVER_USDT	+0.0394%	4h	1.2710	+0.079%	$421K	$107K	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0558%	1h	1.2753	+0.417%	$57K	$60K	10x	as long as short
Aster RIVERUSDT	+0.0652%	4h	1.2710	+0.079%	$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
Binance RIVERUSDT	+0.0677%	4h	1.2719	+0.151%	$6.1M	$10.2M	50x	as long as short
MEXC RIVER_USDT	+0.0678%	4h	1.2720	+0.157%	$3.7M	$1.5M	50x	as long as short
BloFin RIVER-USDT	+0.0713%	4h	1.2740	+0.315%	$422K	$33K	50x	as long as short
Variational Omni RIVER	+0.1138%	4h	1.2744	+0.343%	$43K	$20K	—	as long as short
BingX RIVER-USDT	+0.1482%	4h	1.2720	+0.157%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.1563%	4h	1.2710	+0.079%	$3.8M	$1.7M	25x	as long as short