RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0332%/8h= −36.4% APRnext payment −$1.66 per $10,000 · paid last 24h −0.090%

Price spread now: MEXC against BingX−0.079%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$460.461% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.396%−$40 on $10k

Price spread, last 7 days+0.079%+$8 · spread now −0.079%, 7d avg −0.025%

Together, before fees−0.317%−$32 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and MEXC is 0.054% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.025%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX RIVER-USDT	1.2700	0.0830	pay 0.0415% / 4h	2h 20m	—	$6.8M	—
Short	MEXC RIVER_USDT	1.2690	0.0498	get 0.0249% / 4h	2h 20m	$3.8M	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.079%Rate

Funding earned: −$69.72
Price spread: −0.079% → −0.025%: −$5.42
Slippage, 4 orders: −$36.11
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$121.25
Costs to cover: 0.461%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; MEXC: 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, 3 min ago	7.85 bp	14.9 bp −$15	71.7 bp −$717	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	3.93 bp	9.1 bp −$9	25.7 bp −$257	169.3 bp −$16.9K	509.6 bp −$254.8K

RIVER on 15 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	1.2690	−0.079%	$41K	$17K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2680	−0.157%	$2.5M	$2.7M	50x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2710	+0.079%	$33K	$435K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2660	−0.315%	$1K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2760	+0.472%	$48K	$89K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0147%	4h	1.2690	−0.079%	$2.1M	$3.8M	20x	as long as short
Variational Omni RIVER	+0.0255%	4h	1.2703	+0.021%	$43K	$20K	—	as long as short
Gate RIVER_USDT	+0.0264%	4h	1.2690	−0.079%	$428K	$103K	20x	as long as short
Bitget RIVERUSDT	+0.0310%	4h	1.2680	−0.157%	$3.0M	$2.0M	20x	as long as short
Binance RIVERUSDT	+0.0490%	4h	1.2695	−0.041%	$6.1M	$10.8M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC RIVER_USDTshort	+0.0498%	4h	1.2690	−0.079%	$3.8M	$1.6M	50x
Aster RIVERUSDT	+0.0785%	4h	1.2696	−0.029%	$73K	$29K	10x	as long as short
Bybit RIVERUSDT	+0.0810%	4h	1.2690	−0.079%	$3.8M	$1.7M	25x	as long as short
BingX RIVER-USDTlong	+0.0830%	4h	1.2700	long leg	—	$6.8M	—
Kraken Futures PF_RIVERUSD	+0.1260%	1h	1.2698	−0.013%	$57K	$70K	10x	as long as short