Funding arb · Price arb /

RIVER

all RIVER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against KuCoin−0.158%7-day average −0.042% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.377%−$38 on $10k

Price spread, last 3 days (all we have)+0.278%+$28 · spread now −0.158%, 7d avg −0.042%

Together, before fees−0.099%−$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.117% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RIVERUSDTM	1.2650	0.0100	pay 0.0050% / 4h	38m 24s	$2.5M	$2.2M	50x
Short	SunX RIVER-USDT	1.2630	0.0100	get 0.0050% / 4h	38m 24s	$1K	$978K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.158%Rate

Funding earned: $0
Price spread: −0.158% → −0.042%: −$11.66
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$31.66
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; SunX: live order book, 24 min ago. Net counts fees only.

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, 3 min ago	7.91 bp	60.4 bp −$60	1080.4 bp −$10.8K	doesn't fit	doesn't fit
Sell SunX live order book, 24 min ago	501.78 bp	doesn't fit	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	1.2660	+0.079%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2640	−0.079%	$2.0M	$3.8M	20x	as long as short
KuCoin RIVERUSDTMlong	+0.0100%	4h	1.2650	long leg	$2.5M	$2.2M	50x
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2687	+0.289%	$32K	$415K	10x	as long as short
SunX RIVER-USDTshort	+0.0100%	4h	1.2630	−0.158%	$1K	$978K	20x
HTX RIVER-USDT	+0.0100%	4h	1.2690	+0.316%	$48K	$95K	20x	as long as short
Gate RIVER_USDT	+0.0312%	4h	1.2650	0.000%	$420K	$110K	20x	as long as short
Bitget RIVERUSDT	+0.0316%	4h	1.2650	0.000%	$3.0M	$1.9M	20x	as long as short
Aster RIVERUSDT	+0.0591%	4h	1.2656	+0.051%	$73K	$31K	10x	as long as short
BloFin RIVER-USDT	+0.0638%	4h	1.2670	+0.158%	$424K	$33K	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	+0.0696%	4h	1.2660	+0.079%	$3.7M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0698%	4h	1.2660	+0.079%	$6.1M	$10.4M	50x	as long as short
Kraken Futures PF_RIVERUSD	+0.0725%	1h	1.2666	+0.128%	$57K	$74K	10x	as long as short
Variational Omni RIVER	+0.1006%	4h	1.2663	+0.106%	$42K	$20K	—	as long as short
BingX RIVER-USDT	+0.1256%	4h	1.2650	0.000%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.1279%	4h	1.2650	0.000%	$3.8M	$1.7M	25x	as long as short