RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0109%/8h= +12.0% APRnext payment +$0.55 per $10,000 · paid last 24h +0.137%

Price spread now: Binance against Gate−0.079%7-day average +0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,056as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,109as in the Price arb table

costs, in and out, $10k−$2,09720.968% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.412%+$41 on $10k

Price spread, last 4 days (all we have)+0.196%+$20 · spread now −0.079%, 7d avg +0.040%

Together, before fees+0.608%+$61 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.120% cheaper against Gate than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.040%). If the spread goes back, that is −$12 on $10k: about 3.6 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate RIVER_USDT	1.2620	0.0364	pay 0.0182% / 4h	3h 56m	$425K	$93K	20x
Short	Binance RIVERUSDT	1.2610	0.0473	get 0.0237% / 4h	3h 56m	$6.0M	$12.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now −0.079%Rate

Funding earned: $22.96
Price spread: −0.079% → +0.040%: −$11.97
Slippage, 4 orders: −$2,071.79
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$2,085.8
Costs to cover: 20.968%
Break-even: 642.9 days

Slippage from Gate: live order book, 39 min ago; Binance: live order book, 13 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 Gate live order book, 39 min ago	11.88 bp	1696.0 bp −$1,696	32624.5 bp −$326.2K	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	3.96 bp	20.1 bp −$20	54.6 bp −$546	1274.5 bp −$127.4K	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
Kraken Futures PF_RIVERUSD	−0.0452%	1h	1.2629	+0.074%	$53K	$88K	10x	as long as short
Lighter RIVER	+0.0096%	1h	1.2610	−0.079%	$41K	$13K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2610	−0.079%	$2.5M	$4.2M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2608	−0.093%	$43K	$7K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2617	−0.024%	$27K	$448K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2590	−0.238%	$1K	$1.2M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2640	+0.158%	$49K	$71K	20x	as long as short
Bitget RIVERUSDT	+0.0252%	4h	1.2610	−0.079%	$3.0M	$2.4M	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0340%	4h	1.2600	−0.158%	$2.1M	$4.2M	20x	as long as short
Gate RIVER_USDTlong	+0.0364%	4h	1.2620	long leg	$425K	$93K	20x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance RIVERUSDTshort	+0.0473%	4h	1.2610	−0.079%	$6.0M	$12.1M	50x
MEXC RIVER_USDT	+0.0476%	4h	1.2610	−0.079%	$3.6M	$1.6M	50x	as long as short
BloFin RIVER-USDT	+0.0513%	4h	1.2610	−0.079%	$258K	$30K	50x	as long as short
Aster RIVERUSDT	+0.0578%	4h	1.2610	−0.079%	$70K	$29K	10x	as long as short
Bybit RIVERUSDT	+0.0838%	4h	1.2620	0.000%	$3.8M	$1.7M	25x	as long as short
BingX RIVER-USDT	+0.2630%	4h	1.2600	−0.158%	—	$6.8M	—	as long as short