RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0290%/8h= −31.8% APRnext payment −$1.45 per $10,000 · paid last 24h −0.209%

Price spread now: Gate against BingX−0.079%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,361as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,283as in the Price arb table

costs, in and out, $10k−$2,28022.800% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.806%−$81 on $10k

Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.079%, 7d avg −0.044%

Together, before fees−0.727%−$73 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.034% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.044%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX RIVER-USDT	1.2710	0.0390	pay 0.0195% / 4h	2h 22m	—	$6.8M	—
Short	Gate RIVER_USDT	1.2700	0.0100	get 0.0050% / 4h	2h 22m	$428K	$105K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now −0.079%Rate

Funding earned: −$60.9
Price spread: −0.079% → −0.044%: −$3.44
Slippage, 4 orders: −$2,255.01
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$2,344.35
Costs to cover: 22.800%
Break-even: never at this rate

Slippage from BingX: live order book, 1 min ago; Gate: live order book, 23 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, 1 min ago	7.86 bp	17.9 bp −$18	78.5 bp −$785	doesn't fit	doesn't fit
Sell Gate live order book, 23 min ago	3.92 bp	465.7 bp −$466	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	1.2710	0.000%	$41K	$14K	3x	as long as short
Gate RIVER_USDTshort	+0.0100%	4h	1.2700	−0.079%	$428K	$105K	20x
KuCoin RIVERUSDTM	+0.0100%	4h	1.2700	−0.079%	$2.5M	$3.7M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2648	−0.488%	$42K	$4K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2690	−0.157%	$26K	$464K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2690	−0.157%	$1K	$1.2M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2720	+0.079%	$49K	$71K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0157%	4h	1.2740	+0.236%	$2.1M	$4.0M	20x	as long as short
Bybit RIVERUSDT	+0.0226%	4h	1.2710	0.000%	$3.9M	$1.8M	25x	as long as short
Bitget RIVERUSDT	+0.0274%	4h	1.2680	−0.236%	$3.0M	$2.3M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin RIVER-USDT	+0.0381%	4h	1.2680	−0.236%	$401K	$31K	50x	as long as short
MEXC RIVER_USDT	+0.0386%	4h	1.2720	+0.079%	$3.6M	$1.6M	50x	as long as short
Binance RIVERUSDT	+0.0386%	4h	1.2725	+0.121%	$6.1M	$11.7M	50x	as long as short
BingX RIVER-USDTlong	+0.0390%	4h	1.2710	long leg	—	$6.8M	—
Aster RIVERUSDT	+0.0599%	4h	1.2710	0.000%	$71K	$28K	10x	as long as short
Kraken Futures PF_RIVERUSD	+0.0717%	1h	1.2714	+0.034%	$52K	$80K	10x	as long as short