RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.49 per $10,000 · paid last 24h −0.089%

Price spread now: OKX against Bitget+0.079%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$710.710% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.337%−$34 on $10k

Price spread, last 7 days−0.106%−$11 · spread now +0.079%, 7d avg +0.040%

Together, before fees−0.444%−$44 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.038% dearer against Bitget than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of +0.040%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget RIVERUSDT	1.2730	0.0198	pay 0.0099% / 4h	2h 20m	$3.0M	$1.9M	20x
Short	OKX RIVER-USDT-SWAP	1.2740	0.0100	get 0.0050% / 4h	2h 20m	$2.1M	$3.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.079%Rate

Funding earned: −$20.58
Price spread: +0.079% → +0.040%: $3.83
Slippage, 4 orders: −$49
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$87.75
Costs to cover: 0.710%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; OKX: 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 Bitget live order book, 2 min ago	7.86 bp	16.4 bp −$16	402.2 bp −$4,022	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	3.93 bp	16.7 bp −$17	98.5 bp −$985	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	1.2730	0.000%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAPshort	+0.0100%	4h	1.2740	+0.079%	$2.1M	$3.8M	20x
KuCoin RIVERUSDTM	+0.0100%	4h	1.2730	0.000%	$2.5M	$2.0M	50x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2710	−0.157%	$2K	$943K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2730	0.000%	$49K	$95K	20x	as long as short
GRVT RIVER_USDT_Perp	+0.0186%	4h	1.2720	−0.078%	$32K	$429K	10x	as long as short
Gate RIVER_USDT	+0.0196%	4h	1.2730	0.000%	$422K	$108K	20x	as long as short
Bitget RIVERUSDTlong	+0.0198%	4h	1.2730	long leg	$3.0M	$1.9M	20x
Kraken Futures PF_RIVERUSD	+0.0478%	1h	1.2740	+0.076%	$56K	$58K	10x	as long as short
BloFin RIVER-USDT	+0.0575%	4h	1.2730	0.000%	$420K	$36K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster RIVERUSDT	+0.0602%	4h	1.2728	−0.013%	$73K	$31K	10x	as long as short
MEXC RIVER_USDT	+0.0624%	4h	1.2740	+0.079%	$3.6M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0624%	4h	1.2740	+0.079%	$6.1M	$10.2M	50x	as long as short
Variational Omni RIVER	+0.1140%	4h	1.2730	−0.003%	$43K	$20K	—	as long as short
BingX RIVER-USDT	+0.1614%	4h	1.2740	+0.079%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.1713%	4h	1.2730	0.000%	$3.8M	$1.7M	25x	as long as short