Funding you earn now, next payment 00:00 UTC−0.0790%/8h= −86.5% APRnext payment −$3.95 per $10,000 · paid last 24h −0.113%
Price spread now: Bitget against BingX0.000%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$690.686% of the position
Funding, last 7 days−0.244%−$24 on $10k
+Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg −0.060%
=The price spread pays, funding is against you. Bitget is 0.060% dearer against BingX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.060%): +$6 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.244% in total) that is about 41 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.244% in total (about -12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.95 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 | BingX RIVER-USDT | 1.2620 | 0.1044 | pay 0.0522% / 4h | 5m 58s | — | $6.8M | — |
| Short | Bitget RIVERUSDT | 1.2620 | 0.0254 | get 0.0127% / 4h | 5m 58s | $3.0M | $1.9M | 20x |
BingX RIVER-USDT
Bitget RIVERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$165.9
- Price spread: 0.000% → −0.060%
- $5.99
- Slippage, 4 orders
- −$46.61
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$228.53
- Costs to cover
- 0.686%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Bitget: live order book, 2 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 BingX live order book, 6 min ago | 7.91 bp | 12.9 bp −$13 | 48.8 bp −$488 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 7.91 bp | 19.3 bp −$19 | 236.5 bp −$2,365 | 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 | 1.2620 | 0.000% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2620 | 0.000% | $2.0M | $3.8M | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2620 | 0.000% | $2.5M | $2.3M | 50x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0100% | 4h | 1.2649 | +0.230% | $32K | $415K | 10x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2600 | −0.158% | $1K | $994K | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2670 | +0.396% | $48K | $95K | 20x | as long as short |
| Gate RIVER_USDT | +0.0178% | 4h | 1.2620 | 0.000% | $425K | $114K | 20x | as long as short |
| Bitget RIVERUSDTshort | +0.0254% | 4h | 1.2620 | 0.000% | $3.0M | $1.9M | 20x | |
| Aster RIVERUSDT | +0.0560% | 4h | 1.2630 | +0.081% | $72K | $31K | 10x | as long as short |
| Binance RIVERUSDT | +0.0603% | 4h | 1.2620 | 0.000% | $6.1M | $10.5M | 50x | as long as short |
Lighter RIVER
OKX RIVER-USDT-SWAP
KuCoin RIVERUSDTM
GRVT RIVER_USDT_Perp
SunX RIVER-USDT
HTX RIVER-USDT
Gate RIVER_USDT
Aster RIVERUSDT
Binance RIVERUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC RIVER_USDT | +0.0604% | 4h | 1.2620 | 0.000% | $3.7M | $1.5M | 50x | as long as short |
| BloFin RIVER-USDT | +0.0614% | 4h | 1.2660 | +0.317% | $416K | $33K | 50x | as long as short |
| Variational Omni RIVER | +0.0645% | 4h | 1.2618 | −0.013% | $42K | $20K | — | as long as short |
| Kraken Futures PF_RIVERUSD | +0.0727% | 1h | 1.2635 | +0.115% | $57K | $74K | 10x | as long as short |
| BingX RIVER-USDTlong | +0.1044% | 4h | 1.2620 | long leg | — | $6.8M | — | |
| Bybit RIVERUSDT | +0.1076% | 4h | 1.2620 | 0.000% | $3.8M | $1.7M | 25x | as long as short |
MEXC RIVER_USDT
BloFin RIVER-USDT
Variational Omni RIVER
Kraken Futures PF_RIVERUSD
Bybit RIVERUSDT