RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h +0.071%

Price spread now: BingX against MEXC0.000%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$5as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$430.430% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.384%+$38 on $10k

Price spread, last 7 days+0.014%+$1 · spread now 0.000%, 7d avg +0.027%

Together, before fees+0.398%+$40 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.027% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.027%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.384%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC RIVER_USDT	1.2420	0.0448	pay 0.0224% / 4h	3h 26m	$3.5M	$1.7M	50x
Short	BingX RIVER-USDT	1.2420	0.0432	get 0.0216% / 4h	3h 26m	—	$6.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$3.36
Price spread: 0.000% → +0.027%: −$2.68
Slippage, 4 orders: −$32.99
Fee MEXC: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$49.04
Costs to cover: 0.430%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 11 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 MEXC live order book, 5 min ago	4.02 bp	6.1 bp −$6	31.4 bp −$314	218.9 bp −$21.9K	592.5 bp −$296.3K
Sell BingX live order book, 11 min ago	8.00 bp	18.8 bp −$19	47.2 bp −$472	377.6 bp −$37.8K	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	−0.0459%	1h	1.2446	+0.210%	$52K	$84K	10x	as long as short
Lighter RIVER	+0.0096%	1h	1.2430	+0.081%	$40K	$13K	3x	as long as short
Gate RIVER_USDT	+0.0100%	4h	1.2420	0.000%	$414K	$98K	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2410	−0.081%	$2.4M	$4.4M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2443	+0.185%	$42K	$7K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2444	+0.195%	$34K	$445K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2410	−0.081%	$1K	$1.3M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2420	0.000%	$46K	$77K	20x	as long as short
Bitget RIVERUSDT	+0.0196%	4h	1.2410	−0.081%	$3.1M	$2.6M	20x	as long as short
Bybit RIVERUSDT	+0.0270%	4h	1.2420	0.000%	$3.8M	$1.7M	25x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX RIVER-USDT-SWAP	+0.0352%	4h	1.2420	0.000%	$2.0M	$4.2M	20x	as long as short
BingX RIVER-USDTshort	+0.0432%	4h	1.2420	0.000%	—	$6.8M	—
MEXC RIVER_USDTlong	+0.0448%	4h	1.2420	long leg	$3.5M	$1.7M	50x
Binance RIVERUSDT	+0.0448%	4h	1.2430	+0.081%	$6.0M	$12.4M	50x	as long as short
BloFin RIVER-USDT	+0.0456%	4h	1.2380	−0.322%	$386K	$30K	50x	as long as short
Aster RIVERUSDT	+0.0521%	4h	1.2426	+0.049%	$69K	$31K	10x	as long as short