RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0232%/8h= −25.4% APRnext payment −$1.16 per $10,000 · paid last 24h −0.138%

Price spread now: OKX against MEXC−0.079%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$580.583% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.240%−$24 on $10k

Price spread, last 7 days+0.091%+$9 · spread now −0.079%, 7d avg +0.007%

Together, before fees−0.149%−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.086% cheaper against MEXC than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.007%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC RIVER_USDT	1.2730	0.0428	pay 0.0214% / 4h	1h 22m	$3.7M	$1.6M	50x
Short	OKX RIVER-USDT-SWAP	1.2720	0.0196	get 0.0098% / 4h	1h 22m	$2.1M	$4.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.079%Rate

Funding earned: −$48.79
Price spread: −0.079% → +0.007%: −$8.59
Slippage, 4 orders: −$48.29
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$115.67
Costs to cover: 0.583%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 5 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	3.93 bp	10.4 bp −$10	32.3 bp −$323	221.5 bp −$22.2K	655.5 bp −$327.8K
Sell OKX live order book, 5 min ago	3.93 bp	17.4 bp −$17	159.8 bp −$1,598	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
Kraken Futures PF_RIVERUSD	−0.0716%	1h	1.2735	+0.038%	$52K	$89K	10x	as long as short
Lighter RIVER	+0.0096%	1h	1.2730	0.000%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2720	−0.079%	$2.5M	$3.9M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2733	+0.022%	$43K	$3K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2696	−0.271%	$38K	$453K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2690	−0.314%	$1K	$1.2M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2730	0.000%	$49K	$71K	20x	as long as short
Gate RIVER_USDT	+0.0126%	4h	1.2730	0.000%	$428K	$103K	20x	as long as short
Bybit RIVERUSDT	+0.0176%	4h	1.2710	−0.157%	$3.9M	$1.7M	25x	as long as short
OKX RIVER-USDT-SWAPshort	+0.0196%	4h	1.2720	−0.079%	$2.1M	$4.1M	20x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget RIVERUSDT	+0.0214%	4h	1.2730	0.000%	$3.1M	$2.3M	20x	as long as short
BingX RIVER-USDT	+0.0388%	4h	1.2730	0.000%	—	$6.8M	—	as long as short
BloFin RIVER-USDT	+0.0395%	4h	1.2770	+0.314%	$398K	$31K	50x	as long as short
Binance RIVERUSDT	+0.0423%	4h	1.2737	+0.056%	$6.1M	$11.9M	50x	as long as short
MEXC RIVER_USDTlong	+0.0428%	4h	1.2730	long leg	$3.7M	$1.6M	50x
Aster RIVERUSDT	+0.0572%	4h	1.2730	−0.003%	$71K	$28K	10x	as long as short