RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0130%/8h= −14.2% APRnext payment −$0.65 per $10,000 · paid last 24h −0.088%

Price spread now: BloFin against BingX+0.313%96s7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$670.671% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.381%−$38 on $10k

Price spread, last 4 days (all we have)+0.402%+$40 · spread now +0.313%, 7d avg +0.033%

Together, before fees+0.021%+$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.280% dearer against BingX than usual: you sell high and buy low (spread +0.313% now, against its 7-day average of +0.033%): +$28 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 7.2 days. The two prices were read 96 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	BingX RIVER-USDT	1.2780	0.0594	pay 0.0297% / 4h	1h 11m	—	$6.8M	—
Short	BloFin RIVER-USDT	1.2820	0.0464	get 0.0232% / 4h	1h 11m	$431K	$33K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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 BingXbpFee BloFinbpOrdersPrice spread, now +0.313%Rate

Funding earned: −$27.2
Price spread: +0.313% → +0.033%: $27.99
Slippage, 4 orders: −$45.1
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$66.31
Costs to cover: 0.671%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; BloFin: live order book, 29 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 BingX live order book, 6 min ago	7.81 bp	16.2 bp −$16	65.5 bp −$655	doesn't fit	doesn't fit
Sell BloFin live order book, 29 min ago	3.93 bp	14.7 bp −$15	36.8 bp −$368	326.3 bp −$32.6K	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	1.2770	−0.078%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2760	−0.156%	$2.5M	$3.0M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2808	+0.215%	$43K	$20K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2810	+0.235%	$37K	$447K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2750	−0.235%	$1K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2820	+0.313%	$48K	$67K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0230%	4h	1.2780	0.000%	$2.1M	$3.8M	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0310%	1h	1.2777	−0.026%	$57K	$70K	10x	as long as short
MEXC RIVER_USDT	+0.0402%	4h	1.2770	−0.078%	$3.9M	$1.6M	50x	as long as short
Binance RIVERUSDT	+0.0404%	4h	1.2778	−0.017%	$6.1M	$10.8M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate RIVER_USDT	+0.0410%	4h	1.2780	0.000%	$432K	$103K	20x	as long as short
Bybit RIVERUSDT	+0.0426%	4h	1.2770	−0.078%	$3.9M	$1.7M	25x	as long as short
BloFin RIVER-USDTshort	+0.0464%	4h	1.2820	+0.313%	$431K	$33K	50x
BingX RIVER-USDTlong	+0.0594%	4h	1.2780	long leg	—	$6.8M	—
Bitget RIVERUSDT	+0.0606%	4h	1.2770	−0.078%	$3.0M	$1.9M	20x	as long as short
Aster RIVERUSDT	+0.0875%	4h	1.2769	−0.085%	$73K	$29K	10x	as long as short