RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0192%/8h= −21.0% APRnext payment −$0.96 per $10,000 · paid last 24h −0.089%

Price spread now: MEXC against BingX0.000%7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$510.506% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.396%−$40 on $10k

Price spread, last 7 days+0.013%+$1 · spread now 0.000%, 7d avg −0.025%

Together, before fees−0.383%−$38 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.025% dearer against BingX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.025%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX RIVER-USDT	1.2790	0.0594	pay 0.0297% / 4h	1h 10m	—	$6.8M	—
Short	MEXC RIVER_USDT	1.2790	0.0402	get 0.0201% / 4h	1h 10m	$3.9M	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$40.32
Price spread: 0.000% → −0.025%: $2.5
Slippage, 4 orders: −$40.62
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$88.44
Costs to cover: 0.506%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 2 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, 7 min ago	7.81 bp	16.2 bp −$16	65.5 bp −$655	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	3.91 bp	10.5 bp −$10	31.2 bp −$312	184.2 bp −$18.4K	653.7 bp −$326.8K

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	1.2780	−0.078%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2770	−0.156%	$2.5M	$3.0M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2768	−0.176%	$43K	$20K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2810	+0.156%	$37K	$447K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2770	−0.156%	$2K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2820	+0.235%	$48K	$67K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0238%	4h	1.2790	0.000%	$2.1M	$3.8M	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0309%	1h	1.2808	+0.138%	$58K	$70K	10x	as long as short
BloFin RIVER-USDT	+0.0388%	4h	1.2790	0.000%	$430K	$32K	50x	as long as short
Binance RIVERUSDT	+0.0396%	4h	1.2790	0.000%	$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
MEXC RIVER_USDTshort	+0.0402%	4h	1.2790	0.000%	$3.9M	$1.6M	50x
Gate RIVER_USDT	+0.0408%	4h	1.2790	0.000%	$432K	$103K	20x	as long as short
Bybit RIVERUSDT	+0.0426%	4h	1.2780	−0.078%	$3.9M	$1.7M	25x	as long as short
BingX RIVER-USDTlong	+0.0594%	4h	1.2790	long leg	—	$6.8M	—
Bitget RIVERUSDT	+0.0604%	4h	1.2760	−0.235%	$3.0M	$1.9M	20x	as long as short
Aster RIVERUSDT	+0.0873%	4h	1.2780	−0.078%	$73K	$29K	10x	as long as short