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

RIVER

all RIVER markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.540%−$54 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget RIVERUSDT1.27000.0262pay 0.0131% / 4h1h 38m$3.0M$1.9M20x
ShortGate RIVER_USDT1.27100.0394get 0.0197% / 4h1h 38m$421K$107K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago3.93 bp18.4 bp −$18347.6 bp −$3,476doesn't fitdoesn't fit
Sell Gate live order book, 42 min ago7.84 bp596.9 bp −$597doesn'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%1h1.2710+0.079%$41K$17K3xas long as short
OKX RIVER-USDT-SWAP+0.0100%4h1.27000.000%$2.1M$3.8M20xas long as short
KuCoin RIVERUSDTM+0.0100%4h1.27000.000%$2.4M$2.0M50xas long as short
SunX RIVER-USDT+0.0100%4h1.2690−0.079%$2K$950K20xas long as short
HTX RIVER-USDT+0.0100%4h1.2760+0.472%$49K$95K20xas long as short
GRVT RIVER_USDT_Perp+0.0102%4h1.2750+0.395%$39K$415K10xas long as short
Bitget RIVERUSDTlong+0.0262%4h1.2700long leg$3.0M$1.9M20x
Gate RIVER_USDTshort+0.0394%4h1.2710+0.079%$421K$107K20x
Kraken Futures PF_RIVERUSD+0.0559%1h1.2735+0.278%$57K$60K10xas long as short
Aster RIVERUSDT+0.0652%4h1.2710+0.079%$73K$29K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance RIVERUSDT+0.0677%4h1.2710+0.079%$6.1M$10.2M50xas long as short
MEXC RIVER_USDT+0.0678%4h1.27000.000%$3.7M$1.5M50xas long as short
BloFin RIVER-USDT+0.0713%4h1.2740+0.315%$422K$33K50xas long as short
Variational Omni RIVER+0.1138%4h1.2744+0.343%$43K$20Kas long as short
BingX RIVER-USDT+0.1482%4h1.2710+0.079%$6.8Mas long as short
Bybit RIVERUSDT+0.1563%4h1.27000.000%$3.8M$1.7M25xas long as short