RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0129%/8h= +14.1% APRnext payment +$0.64 per $10,000 · paid last 24h +0.013%

Price spread now: OKX against KuCoin+0.078%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs−$174as in the Price arb table

costs, in and out, $10k−$1751.748% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.125%−$13 on $10k

Price spread, last 7 days−0.065%−$7 · spread now +0.078%, 7d avg +0.069%

Together, before fees−0.190%−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.069%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.125%, 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	KuCoin RIVERUSDTM	1.2810	0.0100	pay 0.0050% / 4h	3h 16m	$2.5M	$3.5M	50x
Short	OKX RIVER-USDT-SWAP	1.2820	0.0229	get 0.0114% / 4h	3h 16m	$2.1M	$4.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.078%Rate

Funding earned: $27
Price spread: +0.078% → +0.069%: $0.94
Slippage, 4 orders: −$152.84
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$146.9
Costs to cover: 1.748%
Break-even: 45.1 days

Slippage from KuCoin: live order book, 6 min ago; OKX: live order book, 1 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 KuCoin live order book, 6 min ago	3.90 bp	82.7 bp −$83	1056.7 bp −$10.6K	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	7.79 bp	21.3 bp −$21	178.6 bp −$1,786	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	1.2820	+0.078%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTMlong	+0.0100%	4h	1.2810	long leg	$2.5M	$3.5M	50x
Variational Omni RIVER	+0.0100%	4h	1.2853	+0.334%	$43K	$4K	—	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2810	0.000%	$2K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2820	+0.078%	$50K	$71K	20x	as long as short
Bybit RIVERUSDT	+0.0161%	4h	1.2810	0.000%	$3.9M	$1.8M	25x	as long as short
OKX RIVER-USDT-SWAPshort	+0.0229%	4h	1.2820	+0.078%	$2.1M	$4.0M	20x
GRVT RIVER_USDT_Perp	+0.0264%	4h	1.2829	+0.151%	$30K	$459K	10x	as long as short
BingX RIVER-USDT	+0.0462%	4h	1.2810	0.000%	—	$6.8M	—	as long as short
Binance RIVERUSDT	+0.0474%	4h	1.2810	0.000%	$6.2M	$11.4M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC RIVER_USDT	+0.0474%	4h	1.2820	+0.078%	$3.7M	$1.6M	50x	as long as short
Bitget RIVERUSDT	+0.0474%	4h	1.2800	−0.078%	$3.1M	$2.2M	20x	as long as short
BloFin RIVER-USDT	+0.0506%	4h	1.2840	+0.234%	$405K	$31K	50x	as long as short
Gate RIVER_USDT	+0.0526%	4h	1.2810	0.000%	$433K	$104K	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0611%	1h	1.2846	+0.278%	$58K	$67K	10x	as long as short
Aster RIVERUSDT	+0.0803%	4h	1.2822	+0.093%	$72K	$28K	10x	as long as short