RIVER

Alert

Funding spread now, next payment 17:00 UTC+0.1296%/8h

paid, last 24h+0.061%paid, last 3 days−0.016%to open and closeno order book

Long on Kraken Futures Short on Variational Omni

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.016% in total (about -1.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_RIVERUSD	1.2706	−0.0174	get 0.0022% / 1h	57m 43s	$60K	$63K	10x
Short	Variational Omni RIVER	1.2675	0.1122	get 0.0561% / 4h	3h 57m	$42K	$20K	—

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee Variational OmnibpOrdersRate

Funding earned: $272.14
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $262.14
Break-even: 0.3 days

Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.246%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

Kraken Futures and Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

RIVER on 15 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_RIVERUSDlong	−0.0174%	1h	$60K	$63K	10x
OKX RIVER-USDT-SWAP	+0.0100%	4h	$2.1M	$3.9M	20x	as long as short
Gate RIVER_USDT	+0.0100%	4h	$423K	$108K	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	$2.4M	$2.7M	50x	as long as short
SunX RIVER-USDT	+0.0100%	4h	$1K	$787K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	$50K	$135K	20x	as long as short
Bitget RIVERUSDT	+0.0746%	4h	$3.0M	$2.0M	20x	as long as short
Aster RIVERUSDT	+0.0780%	4h	$72K	$30K	10x	as long as short
MEXC RIVER_USDT	+0.0822%	4h	$3.7M	$1.6M	50x	as long as short
Binance RIVERUSDT	+0.0823%	4h	$6.1M	$10.1M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BloFin RIVER-USDT	+0.0848%	4h	$431K	$38K	50x	as long as short
Variational Omni RIVERshort	+0.1122%	4h	$42K	$20K	—
BingX RIVER-USDT	+0.1276%	4h	—	$6.8M	—	as long as short
Lighter RIVER	+0.1800%	1h	$41K	$17K	3x	as long as short
Bybit RIVERUSDT	+0.2829%	4h	$3.7M	$1.6M	25x	as long as short