Funding you earn now, next payment 08:00 UTC+0.0632%/8h= +69.2% APRnext payment +$3.16 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX+0.078%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,328as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,301as in the Price arb table
costs, in and out, $10k−$2,31123.111% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)−0.262%−$26 · spread now +0.078%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Gate is 0.101% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.023%. Mind the row above: over the last 7 days funding on this pair cost −0.169%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.169% in total (about -8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.16 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RIVER-USDT-SWAP | 1.2820 | 0.0244 | pay 0.0122% / 4h | 3h 28m | $2.1M | $4.0M | 20x |
| Short | Gate RIVER_USDT | 1.2830 | 0.0876 | get 0.0438% / 4h | 3h 28m | $432K | $103K | 20x |
OKX RIVER-USDT-SWAP
Gate RIVER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $132.63
- Price spread: +0.078% → −0.023%
- $10.06
- Slippage, 4 orders
- −$2,286.1
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,168.41
- Costs to cover
- 23.111%
- Break-even
- 121.4 days
Slippage from OKX: live order book, 4 min ago; Gate: live order book, 22 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 OKX live order book, 4 min ago | 3.90 bp | 21.6 bp −$22 | 148.9 bp −$1,489 | doesn't fit | doesn't fit |
| Sell Gate live order book, 22 min ago | 11.76 bp | 446.6 bp −$447 | 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 | 1.2830 | +0.078% | $42K | $14K | 3x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2810 | −0.078% | $2.5M | $3.4M | 50x | as long as short |
| Variational Omni RIVER | +0.0100% | 4h | 1.2833 | +0.099% | $43K | $4K | — | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2790 | −0.234% | $2K | $1.1M | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2860 | +0.312% | $50K | $71K | 20x | as long as short |
| OKX RIVER-USDT-SWAPlong | +0.0244% | 4h | 1.2820 | long leg | $2.1M | $4.0M | 20x | |
| GRVT RIVER_USDT_Perp | +0.0382% | 4h | 1.2840 | +0.155% | $30K | $459K | 10x | as long as short |
| Bitget RIVERUSDT | +0.0470% | 4h | 1.2820 | 0.000% | $3.1M | $2.2M | 20x | as long as short |
| MEXC RIVER_USDT | +0.0490% | 4h | 1.2820 | 0.000% | $3.7M | $1.6M | 50x | as long as short |
| Binance RIVERUSDT | +0.0490% | 4h | 1.2827 | +0.057% | $6.2M | $11.3M | 50x | as long as short |
Lighter RIVER
KuCoin RIVERUSDTM
Variational Omni RIVER
SunX RIVER-USDT
HTX RIVER-USDT
GRVT RIVER_USDT_Perp
Bitget RIVERUSDT
MEXC RIVER_USDT
Binance RIVERUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit RIVERUSDT | +0.0518% | 4h | 1.2820 | 0.000% | $3.9M | $1.8M | 25x | as long as short |
| BloFin RIVER-USDT | +0.0535% | 4h | 1.2850 | +0.234% | $413K | $33K | 50x | as long as short |
| Kraken Futures PF_RIVERUSD | +0.0612% | 1h | 1.2835 | +0.117% | $58K | $67K | 10x | as long as short |
| BingX RIVER-USDT | +0.0672% | 4h | 1.2820 | 0.000% | — | $6.8M | — | as long as short |
| Aster RIVERUSDT | +0.0853% | 4h | 1.2810 | −0.078% | $73K | $27K | 10x | as long as short |
| Gate RIVER_USDTshort | +0.0876% | 4h | 1.2830 | +0.078% | $432K | $103K | 20x |
Bybit RIVERUSDT
BloFin RIVER-USDT
Kraken Futures PF_RIVERUSD
BingX RIVER-USDT
Aster RIVERUSDT