RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.58 per $10,000 · paid last 24h −0.089%

Price spread now: OKX against Bitget0.000%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$760.758% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.337%−$34 on $10k

Price spread, last 7 days−0.028%−$3 · spread now 0.000%, 7d avg +0.040%

Together, before fees−0.365%−$36 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.040% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.040%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget RIVERUSDT	1.2660	0.0216	pay 0.0108% / 4h	2h 10m	$3.0M	$1.9M	20x
Short	OKX RIVER-USDT-SWAP	1.2660	0.0100	get 0.0050% / 4h	2h 10m	$2.0M	$3.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BitgetbpFee OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$24.36
Price spread: 0.000% → +0.040%: −$4.03
Slippage, 4 orders: −$53.79
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$104.18
Costs to cover: 0.758%
Break-even: never at this rate

Slippage from Bitget: live order book, 7 min ago; OKX: 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 Bitget live order book, 7 min ago	3.93 bp	20.4 bp −$20	322.8 bp −$3,228	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	3.95 bp	20.7 bp −$21	120.6 bp −$1,206	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	1.2670	+0.079%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAPshort	+0.0100%	4h	1.2660	0.000%	$2.0M	$3.7M	20x
KuCoin RIVERUSDTM	+0.0100%	4h	1.2650	−0.079%	$2.4M	$2.0M	50x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2630	−0.237%	$2K	$946K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2700	+0.316%	$48K	$95K	20x	as long as short
GRVT RIVER_USDT_Perp	+0.0178%	4h	1.2689	+0.229%	$31K	$429K	10x	as long as short
Gate RIVER_USDT	+0.0198%	4h	1.2680	+0.158%	$420K	$108K	20x	as long as short
Bitget RIVERUSDTlong	+0.0216%	4h	1.2660	long leg	$3.0M	$1.9M	20x
Kraken Futures PF_RIVERUSD	+0.0480%	1h	1.2669	+0.069%	$56K	$58K	10x	as long as short
BloFin RIVER-USDT	+0.0575%	4h	1.2670	+0.079%	$420K	$35K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster RIVERUSDT	+0.0599%	4h	1.2666	+0.050%	$73K	$29K	10x	as long as short
MEXC RIVER_USDT	+0.0624%	4h	1.2670	+0.079%	$3.6M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0625%	4h	1.2679	+0.147%	$6.0M	$10.3M	50x	as long as short
Variational Omni RIVER	+0.1129%	4h	1.2694	+0.272%	$42K	$20K	—	as long as short
BingX RIVER-USDT	+0.1584%	4h	1.2670	+0.079%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.1608%	4h	1.2670	+0.079%	$3.8M	$1.7M	25x	as long as short