Settings8H · net · $10k
Funding arb · Price arb /

RIVN

RWAall RIVN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.047%
Price spread now: KuCoin against Bybit−0.065%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$743as in the Funding arb table
Net, price: spread back to 7d avg − costs−$714as in the Price arb table
costs, in and out, $10k−$7217.207% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.221%−$22 on $10k
Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.065%, 7d avg −0.128%
Together, before fees−0.173%−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.063% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.128%. Mind the row above: over the last 7 days funding on this pair cost −0.221%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RIVNUSDT15.3900get 0.0000% / 8h1h 53m$110K$19K25x
ShortKuCoin RIVNUSDTM15.3800.0100get 0.0100% / 8h1h 53m$109K$271K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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

Funding earned
$21
Price spread: −0.065% → −0.128%
$6.33
Slippage, 4 orders
−$697.72
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$693.38
Costs to cover
7.207%
Break-even
238.1 days
Slippage from Bybit: live order book, 36 min ago; KuCoin: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 36 min ago6.50 bp60.9 bp −$61230.8 bp −$2,308doesn't fitdoesn't fit
Sell KuCoin live order book, 63 min ago3.25 bp353.6 bp −$354doesn't fitdoesn't fitdoesn't fit

RIVN on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster RIVNUSDT0.0000%8h15.388−0.014%$9K$67520xas long as short
Binance RIVNUSDT0.0000%8h15.3900.000%$397K$336K20xas long as short
Bybit RIVNUSDTlong0.0000%8h15.390long leg$110K$19K25x
OKX RIVN-USDT-SWAP0.0000%8h15.400+0.065%$149K$57K20xas long as short
Gate RIVN_USDT0.0000%8h15.391+0.006%$337K$7K20xas long as short
Variational Omni RIVN0.0000%8h15.395+0.032%$71K$16Kas long as short
SunX RIVN-USDT0.0000%8h15.400+0.065%$659$738K10xas long as short
HTX RIVN-USDT0.0000%8h15.410+0.130%$5K$3K10xas long as short
Injective RIVN/USDC PERP+0.0033%1h15.430+0.260%$23K$28K5.5xas long as short
Vest RIVN-USD-PERP+0.0046%1h15.380−0.065%10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:RIVN+0.0050%1h15.384−0.039%$439K$421K10xas long as short
KuCoin RIVNUSDTMshort+0.0100%8h15.380−0.065%$109K$271K20x