RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.022%

Price spread now: BingX against Bybit+0.079%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$144as in the Price arb table

costs, in and out, $10k−$1491.489% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.143%+$14 on $10k

Price spread, last 7 days−0.025%−$2 · spread now +0.079%, 7d avg +0.029%

Together, before fees+0.119%+$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.050% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit RIVERUSDT	1.2720	0.0875	pay 0.0437% / 4h	2h 22m	$3.8M	$1.7M	25x
Short	BingX RIVER-USDT	1.2730	0.0873	get 0.0437% / 4h	2h 22m	—	$6.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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 BybitbpFee BingXbpOrdersPrice spread, now +0.079%Rate

Funding earned: −$0.37
Price spread: +0.079% → +0.029%: $4.98
Slippage, 4 orders: −$127.92
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$144.31
Costs to cover: 1.489%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; BingX: live order book, just now.

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 Bybit live order book, 5 min ago	7.86 bp	59.6 bp −$60	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, just now	7.85 bp	18.1 bp −$18	50.3 bp −$503	349.9 bp −$35.0K	doesn't fit

RIVER on 15 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	1.2720	0.000%	$41K	$17K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2710	−0.079%	$2.5M	$2.7M	50x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2710	−0.079%	$33K	$435K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2700	−0.157%	$1K	$1.0M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2760	+0.314%	$48K	$89K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0157%	4h	1.2720	0.000%	$2.1M	$3.8M	20x	as long as short
Variational Omni RIVER	+0.0261%	4h	1.2748	+0.219%	$43K	$20K	—	as long as short
Gate RIVER_USDT	+0.0296%	4h	1.2710	−0.079%	$428K	$103K	20x	as long as short
Bitget RIVERUSDT	+0.0316%	4h	1.2720	0.000%	$3.0M	$2.0M	20x	as long as short
MEXC RIVER_USDT	+0.0500%	4h	1.2720	0.000%	$3.8M	$1.6M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance RIVERUSDT	+0.0501%	4h	1.2730	+0.079%	$6.1M	$10.8M	50x	as long as short
Aster RIVERUSDT	+0.0783%	4h	1.2720	0.000%	$73K	$29K	10x	as long as short
BingX RIVER-USDTshort	+0.0873%	4h	1.2730	+0.079%	—	$6.8M	—
Bybit RIVERUSDTlong	+0.0875%	4h	1.2720	long leg	$3.8M	$1.7M	25x
Kraken Futures PF_RIVERUSD	+0.1258%	1h	1.2724	+0.028%	$57K	$70K	10x	as long as short