RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.80 per $10,000 · paid last 24h −0.180%

Price spread now: Gate against Bybit−0.156%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,451as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,400as in the Price arb table

costs, in and out, $10k−$2,38523.848% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.661%−$66 on $10k

Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.156%, 7d avg 0.000%

Together, before fees−0.636%−$64 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.157% cheaper against Bybit than usual: you would sell low and buy high (spread −0.156% now, against its 7-day average of 0.000%). If the spread goes back, that is −$16 on $10k: about 3.3 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.661%, 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	Bybit RIVERUSDT	1.2810	0.0100	pay 0.0050% / 4h	3h 00m	$3.9M	$1.8M	25x
Short	Gate RIVER_USDT	1.2790	0.0260	get 0.0130% / 4h	3h 00m	$432K	$104K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.156%Rate

Funding earned: $33.6
Price spread: −0.156% → 0.000%: −$15.65
Slippage, 4 orders: −$2,358.81
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$2,366.86
Costs to cover: 23.848%
Break-even: 500.1 days

Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 50 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 Bybit live order book, 2 min ago	7.81 bp	61.2 bp −$61	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 50 min ago	11.76 bp	446.6 bp −$447	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	1.2790	−0.156%	$41K	$14K	3x	as long as short
Bybit RIVERUSDTlong	+0.0100%	4h	1.2810	long leg	$3.9M	$1.8M	25x
KuCoin RIVERUSDTM	+0.0100%	4h	1.2790	−0.156%	$2.5M	$3.6M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2788	−0.174%	$43K	$4K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2800	−0.078%	$30K	$459K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2770	−0.312%	$1K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2850	+0.312%	$50K	$71K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0228%	4h	1.2820	+0.078%	$2.1M	$4.0M	20x	as long as short
Gate RIVER_USDTshort	+0.0260%	4h	1.2790	−0.156%	$432K	$104K	20x
Bitget RIVERUSDT	+0.0376%	4h	1.2800	−0.078%	$3.1M	$2.2M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin RIVER-USDT	+0.0397%	4h	1.2790	−0.156%	$404K	$31K	50x	as long as short
BingX RIVER-USDT	+0.0428%	4h	1.2810	0.000%	—	$6.8M	—	as long as short
Binance RIVERUSDT	+0.0438%	4h	1.2808	−0.017%	$6.2M	$11.4M	50x	as long as short
MEXC RIVER_USDT	+0.0438%	4h	1.2800	−0.078%	$3.7M	$1.6M	50x	as long as short
Kraken Futures PF_RIVERUSD	+0.0613%	1h	1.2798	−0.090%	$57K	$67K	10x	as long as short
Aster RIVERUSDT	+0.0738%	4h	1.2806	−0.030%	$72K	$28K	10x	as long as short