RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h +0.042%

Price spread now: MEXC against Bitget+0.078%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$480.484% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.116%−$12 on $10k

Price spread, last 7 days−0.092%−$9 · spread now +0.078%, 7d avg +0.036%

Together, before fees−0.208%−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.042% dearer against Bitget than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.036%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.116% in total) that is about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget RIVERUSDT	1.2770	0.0442	pay 0.0221% / 4h	3h 53m	$3.1M	$2.1M	20x
Short	MEXC RIVER_USDT	1.2780	0.0428	get 0.0214% / 4h	3h 53m	$3.8M	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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 BitgetbpFee MEXCbpOrdersPrice spread, now +0.078%Rate

Funding earned: −$2.94
Price spread: +0.078% → +0.036%: $4.21
Slippage, 4 orders: −$36.44
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$47.17
Costs to cover: 0.484%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago	7.87 bp	17.5 bp −$17	349.0 bp −$3,490	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	3.93 bp	10.4 bp −$10	27.7 bp −$277	198.4 bp −$19.8K	647.6 bp −$323.8K

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	1.2780	+0.078%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2740	−0.235%	$2.5M	$3.3M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2738	−0.252%	$43K	$15K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2720	−0.392%	$33K	$462K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2760	−0.078%	$2K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2760	−0.078%	$48K	$66K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0235%	4h	1.2790	+0.157%	$2.1M	$4.0M	20x	as long as short
BingX RIVER-USDT	+0.0412%	4h	1.2780	+0.078%	—	$6.8M	—	as long as short
MEXC RIVER_USDTshort	+0.0428%	4h	1.2780	+0.078%	$3.8M	$1.6M	50x
BloFin RIVER-USDT	+0.0433%	4h	1.2750	−0.157%	$415K	$33K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance RIVERUSDT	+0.0436%	4h	1.2782	+0.097%	$6.1M	$11.2M	50x	as long as short
Bitget RIVERUSDTlong	+0.0442%	4h	1.2770	long leg	$3.1M	$2.1M	20x
Kraken Futures PF_RIVERUSD	+0.0613%	1h	1.2803	+0.260%	$58K	$67K	10x	as long as short
Gate RIVER_USDT	+0.0716%	4h	1.2750	−0.157%	$430K	$102K	20x	as long as short
Aster RIVERUSDT	+0.0829%	4h	1.2727	−0.334%	$73K	$28K	10x	as long as short
Bybit RIVERUSDT	+0.1103%	4h	1.2760	−0.078%	$3.9M	$1.8M	25x	as long as short