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

RIVER

all RIVER markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.618%−$62 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RIVERUSDT1.26600.0589pay 0.0294% / 4h3h 58m$6.1M$10.5M50x
ShortGate RIVER_USDT1.26700.0544get 0.0272% / 4h3h 58m$426K$111K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago3.95 bp14.5 bp −$1561.5 bp −$615doesn't fitdoesn't fit
Sell Gate live order book, 12 min ago7.89 bp526.6 bp −$527doesn't fitdoesn't fitdoesn't fit

RIVER on 16 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
Lighter RIVER+0.0096%1h1.2660+0.003%$41K$17K3xas long as short
OKX RIVER-USDT-SWAP+0.0100%4h1.2670+0.082%$2.1M$3.8M20xas long as short
KuCoin RIVERUSDTM+0.0100%4h1.2660+0.003%$2.5M$2.3M50xas long as short
GRVT RIVER_USDT_Perp+0.0100%4h1.2664+0.032%$32K$415K10xas long as short
SunX RIVER-USDT+0.0100%4h1.2650−0.076%$1K$995K20xas long as short
HTX RIVER-USDT+0.0100%4h1.2690+0.240%$48K$95K20xas long as short
Bitget RIVERUSDT+0.0256%4h1.2660+0.003%$3.0M$1.9M20xas long as short
Bybit RIVERUSDT+0.0480%4h1.2660+0.003%$3.8M$1.7M25xas long as short
Gate RIVER_USDTshort+0.0544%4h1.2670+0.082%$426K$111K20x
Aster RIVERUSDT+0.0584%4h1.2660+0.003%$73K$31K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance RIVERUSDTlong+0.0589%4h1.2660long leg$6.1M$10.5M50x
MEXC RIVER_USDT+0.0598%4h1.2650−0.076%$3.7M$1.5M50xas long as short
Variational Omni RIVER+0.0614%4h1.2683+0.187%$42K$20Kas long as short
BloFin RIVER-USDT+0.0628%4h1.2670+0.082%$420K$33K50xas long as short
Kraken Futures PF_RIVERUSD+0.0791%1h1.2671+0.090%$57K$74K10xas long as short
BingX RIVER-USDT+0.1022%4h1.2670+0.082%$6.8Mas long as short