RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.80 per $10,000 · paid last 24h +0.117%

Price spread now: Bitget against KuCoin+0.079%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$1121.125% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.140%+$14 on $10k

Price spread, last 7 days−0.162%−$16 · spread now +0.079%, 7d avg +0.019%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bitget is 0.060% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RIVERUSDTM	1.2610	0.0100	pay 0.0050% / 4h	22m 19s	$2.4M	$2.3M	50x
Short	Bitget RIVERUSDT	1.2620	0.0260	get 0.0130% / 4h	22m 19s	$3.0M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.079%Rate

Funding earned: $33.6
Price spread: +0.079% → +0.019%: $6
Slippage, 4 orders: −$88.49
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$72.9
Costs to cover: 1.125%
Break-even: 22.2 days

Slippage from KuCoin: live order book, 4 min ago; Bitget: 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 KuCoin live order book, 4 min ago	7.92 bp	43.1 bp −$43	1040.9 bp −$10.4K	doesn't fit	doesn't fit
Sell Bitget live order book, just now	7.91 bp	18.4 bp −$18	215.4 bp −$2,154	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	1.2620	+0.079%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2630	+0.159%	$2.1M	$3.8M	20x	as long as short
KuCoin RIVERUSDTMlong	+0.0100%	4h	1.2610	long leg	$2.4M	$2.3M	50x
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2680	+0.555%	$32K	$415K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2590	−0.159%	$2K	$987K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2680	+0.555%	$48K	$95K	20x	as long as short
Gate RIVER_USDT	+0.0212%	4h	1.2620	+0.079%	$423K	$113K	20x	as long as short
Bitget RIVERUSDTshort	+0.0260%	4h	1.2620	+0.079%	$3.0M	$1.9M	20x
Aster RIVERUSDT	+0.0551%	4h	1.2629	+0.150%	$72K	$31K	10x	as long as short
BloFin RIVER-USDT	+0.0616%	4h	1.2640	+0.238%	$253K	$33K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance RIVERUSDT	+0.0645%	4h	1.2640	+0.237%	$6.1M	$10.5M	50x	as long as short
MEXC RIVER_USDT	+0.0650%	4h	1.2620	+0.079%	$3.7M	$1.5M	50x	as long as short
Kraken Futures PF_RIVERUSD	+0.0728%	1h	1.2618	+0.063%	$57K	$74K	10x	as long as short
Variational Omni RIVER	+0.0839%	4h	1.2654	+0.345%	$42K	$20K	—	as long as short
BingX RIVER-USDT	+0.1124%	4h	1.2640	+0.238%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.1164%	4h	1.2620	+0.079%	$3.8M	$1.7M	25x	as long as short