Funding you earn now, next payment 00:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.66 per $10,000 · paid last 24h −0.118%
Price spread now: Gate against Bitget+0.079%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,498as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,443as in the Price arb table
costs, in and out, $10k−$2,44724.468% of the position
Funding, last 7 days−0.514%−$51 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.079%, 7d avg +0.040%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.039% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.040%. Mind the row above: over the last 7 days funding on this pair cost −0.514%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RIVERUSDT | 1.2700 | 0.0262 | pay 0.0131% / 4h | 1h 38m | $3.0M | $1.9M | 20x |
| Short | Gate RIVER_USDT | 1.2710 | 0.0394 | get 0.0197% / 4h | 1h 38m | $421K | $107K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $27.72
- Price spread: +0.079% → +0.040%
- $3.89
- Slippage, 4 orders
- −$2,419.79
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,415.18
- Costs to cover
- 24.468%
- Break-even
- 616.9 days
Slippage from Bitget: live order book, 4 min ago; Gate: live order book, 42 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 Bitget live order book, 4 min ago | 3.93 bp | 18.4 bp −$18 | 347.6 bp −$3,476 | doesn't fit | doesn't fit |
| Sell Gate live order book, 42 min ago | 7.84 bp | 596.9 bp −$597 | 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 | 1.2710 | +0.079% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2700 | 0.000% | $2.1M | $3.8M | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2700 | 0.000% | $2.4M | $2.0M | 50x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2690 | −0.079% | $2K | $950K | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2760 | +0.472% | $49K | $95K | 20x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0102% | 4h | 1.2750 | +0.395% | $39K | $415K | 10x | as long as short |
| Bitget RIVERUSDTlong | +0.0262% | 4h | 1.2700 | long leg | $3.0M | $1.9M | 20x | |
| Gate RIVER_USDTshort | +0.0394% | 4h | 1.2710 | +0.079% | $421K | $107K | 20x | |
| Kraken Futures PF_RIVERUSD | +0.0559% | 1h | 1.2735 | +0.278% | $57K | $60K | 10x | as long as short |
| Aster RIVERUSDT | +0.0652% | 4h | 1.2710 | +0.079% | $73K | $29K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance RIVERUSDT | +0.0677% | 4h | 1.2710 | +0.079% | $6.1M | $10.2M | 50x | as long as short |
| MEXC RIVER_USDT | +0.0678% | 4h | 1.2700 | 0.000% | $3.7M | $1.5M | 50x | as long as short |
| BloFin RIVER-USDT | +0.0713% | 4h | 1.2740 | +0.315% | $422K | $33K | 50x | as long as short |
| Variational Omni RIVER | +0.1138% | 4h | 1.2744 | +0.343% | $43K | $20K | — | as long as short |
| BingX RIVER-USDT | +0.1482% | 4h | 1.2710 | +0.079% | — | $6.8M | — | as long as short |
| Bybit RIVERUSDT | +0.1563% | 4h | 1.2700 | 0.000% | $3.8M | $1.7M | 25x | as long as short |
Bitget RIVERUSDT
Gate RIVER_USDT
Lighter RIVER
OKX RIVER-USDT-SWAP
KuCoin RIVERUSDTM
SunX RIVER-USDT
HTX RIVER-USDT
GRVT RIVER_USDT_Perp
Kraken Futures PF_RIVERUSD
Aster RIVERUSDT
Binance RIVERUSDT
MEXC RIVER_USDT
BloFin RIVER-USDT
Variational Omni RIVER
BingX RIVER-USDT
Bybit RIVERUSDT