Funding you earn now, next payment 00:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h −0.118%
Price spread now: Gate against Bitget−0.236%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,374as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,351as in the Price arb table
costs, in and out, $10k−$2,32323.230% of the position
Funding, last 7 days−0.514%−$51 on $10k
+Price spread, last 4 days (all we have)+0.289%+$29 · spread now −0.236%, 7d avg +0.040%
=Funding pays, the price is against you. Gate is 0.276% cheaper against Bitget than usual: you would sell low and buy high (spread −0.236% now, against its 7-day average of +0.040%). If the spread goes back, that is −$28 on $10k: about 13 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.514%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RIVERUSDT | 1.2730 | 0.0292 | pay 0.0146% / 4h | 57m 29s | $3.0M | $1.9M | 20x |
| Short | Gate RIVER_USDT | 1.2700 | 0.0362 | get 0.0181% / 4h | 57m 29s | $422K | $107K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $14.7
- Price spread: −0.236% → +0.040%
- −$27.55
- Slippage, 4 orders
- −$2,295.96
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,335.81
- Costs to cover
- 23.230%
- Break-even
- 1119.3 days
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 18 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 Bitget live order book, 5 min ago | 3.94 bp | 22.3 bp −$22 | 420.4 bp −$4,204 | doesn't fit | doesn't fit |
| Sell Gate live order book, 18 min ago | 7.92 bp | 424.7 bp −$425 | 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 | 1.2720 | −0.079% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2740 | +0.079% | $2.1M | $3.8M | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2730 | 0.000% | $2.5M | $2.1M | 50x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2700 | −0.236% | $2K | $963K | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2720 | −0.079% | $48K | $95K | 20x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0164% | 4h | 1.2696 | −0.267% | $39K | $415K | 10x | as long as short |
| Bitget RIVERUSDTlong | +0.0292% | 4h | 1.2730 | long leg | $3.0M | $1.9M | 20x | |
| Gate RIVER_USDTshort | +0.0362% | 4h | 1.2700 | −0.236% | $422K | $107K | 20x | |
| Aster RIVERUSDT | +0.0587% | 4h | 1.2727 | −0.024% | $73K | $29K | 10x | as long as short |
| BloFin RIVER-USDT | +0.0658% | 4h | 1.2710 | −0.157% | $417K | $33K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC RIVER_USDT | +0.0690% | 4h | 1.2730 | 0.000% | $3.7M | $1.5M | 50x | as long as short |
| Binance RIVERUSDT | +0.0696% | 4h | 1.2740 | +0.076% | $6.1M | $10.3M | 50x | as long as short |
| Kraken Futures PF_RIVERUSD | +0.0721% | 1h | 1.2745 | +0.122% | $59K | $62K | 10x | as long as short |
| Variational Omni RIVER | +0.1100% | 4h | 1.2683 | −0.367% | $42K | $20K | — | as long as short |
| BingX RIVER-USDT | +0.1378% | 4h | 1.2730 | 0.000% | — | $6.8M | — | as long as short |
| Bybit RIVERUSDT | +0.1395% | 4h | 1.2720 | −0.079% | $3.8M | $1.7M | 25x | as long as short |
Bitget RIVERUSDT
Gate RIVER_USDT
Lighter RIVER
OKX RIVER-USDT-SWAP
KuCoin RIVERUSDTM
SunX RIVER-USDT
HTX RIVER-USDT
GRVT RIVER_USDT_Perp
Aster RIVERUSDT
BloFin RIVER-USDT
MEXC RIVER_USDT
Binance RIVERUSDT
Kraken Futures PF_RIVERUSD
Variational Omni RIVER
BingX RIVER-USDT
Bybit RIVERUSDT