Funding you earn now, next payment 04:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.22 per $10,000 · paid last 24h −0.148%
Price spread now: Gate against Binance+0.082%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,410as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,359as in the Price arb table
costs, in and out, $10k−$2,37123.715% of the position
Funding, last 7 days−0.386%−$39 on $10k
+Price spread, last 4 days (all we have)−0.232%−$23 · spread now +0.082%, 7d avg −0.038%
=The price spread pays, funding is against you. Gate is 0.120% dearer against Binance than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.038%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.9 days. At the pace of the last 7 days (−0.386% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RIVERUSDT | 1.2660 | 0.0589 | pay 0.0294% / 4h | 3h 58m | $6.1M | $10.5M | 50x |
| Short | Gate RIVER_USDT | 1.2670 | 0.0544 | get 0.0272% / 4h | 3h 58m | $426K | $111K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.41
- Price spread: +0.082% → −0.038%
- $12.01
- Slippage, 4 orders
- −$2,346.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,368.88
- Costs to cover
- 23.715%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Gate: live order book, 12 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 Binance live order book, 11 min ago | 3.95 bp | 14.5 bp −$15 | 61.5 bp −$615 | doesn't fit | doesn't fit |
| Sell Gate live order book, 12 min ago | 7.89 bp | 526.6 bp −$527 | doesn't fit | 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 | 1.2660 | +0.003% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2670 | +0.082% | $2.1M | $3.8M | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2660 | +0.003% | $2.5M | $2.3M | 50x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0100% | 4h | 1.2664 | +0.032% | $32K | $415K | 10x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2650 | −0.076% | $1K | $995K | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2690 | +0.240% | $48K | $95K | 20x | as long as short |
| Bitget RIVERUSDT | +0.0256% | 4h | 1.2660 | +0.003% | $3.0M | $1.9M | 20x | as long as short |
| Bybit RIVERUSDT | +0.0480% | 4h | 1.2660 | +0.003% | $3.8M | $1.7M | 25x | as long as short |
| Gate RIVER_USDTshort | +0.0544% | 4h | 1.2670 | +0.082% | $426K | $111K | 20x | |
| Aster RIVERUSDT | +0.0584% | 4h | 1.2660 | +0.003% | $73K | $31K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance RIVERUSDTlong | +0.0589% | 4h | 1.2660 | long leg | $6.1M | $10.5M | 50x | |
| MEXC RIVER_USDT | +0.0598% | 4h | 1.2650 | −0.076% | $3.7M | $1.5M | 50x | as long as short |
| Variational Omni RIVER | +0.0614% | 4h | 1.2683 | +0.187% | $42K | $20K | — | as long as short |
| BloFin RIVER-USDT | +0.0628% | 4h | 1.2670 | +0.082% | $420K | $33K | 50x | as long as short |
| Kraken Futures PF_RIVERUSD | +0.0791% | 1h | 1.2671 | +0.090% | $57K | $74K | 10x | as long as short |
| BingX RIVER-USDT | +0.1022% | 4h | 1.2670 | +0.082% | — | $6.8M | — | as long as short |
Binance RIVERUSDT
Gate RIVER_USDT
Lighter RIVER
OKX RIVER-USDT-SWAP
KuCoin RIVERUSDTM
GRVT RIVER_USDT_Perp
SunX RIVER-USDT
HTX RIVER-USDT
Bitget RIVERUSDT
Bybit RIVERUSDT
Aster RIVERUSDT
MEXC RIVER_USDT
Variational Omni RIVER
BloFin RIVER-USDT
Kraken Futures PF_RIVERUSD
BingX RIVER-USDT