Funding you earn now, next payment 00:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.52 per $10,000 · paid last 24h +0.024%
Price spread now: BingX against Bybit−0.078%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1461.465% of the position
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 7 days+0.133%+$13 · spread now −0.078%, 7d avg +0.030%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.109% cheaper against Bybit than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.030%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.146%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RIVERUSDT | 1.2740 | 0.1718 | pay 0.0859% / 4h | 2h 21m | $3.8M | $1.7M | 25x |
| Short | BingX RIVER-USDT | 1.2730 | 0.1614 | get 0.0807% / 4h | 2h 21m | — | $6.8M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- −$21.87
- Price spread: −0.078% → +0.030%
- −$10.88
- Slippage, 4 orders
- −$125.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$179.24
- Costs to cover
- 1.465%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; BingX: live order book, 11 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 Bybit live order book, 6 min ago | 3.93 bp | 51.6 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 7.89 bp | 22.3 bp −$22 | 59.4 bp −$594 | 424.4 bp −$42.4K | 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 | −0.157% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2720 | −0.157% | $2.0M | $3.8M | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2720 | −0.157% | $2.5M | $2.0M | 50x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2700 | −0.314% | $2K | $943K | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2730 | −0.078% | $49K | $95K | 20x | as long as short |
| Gate RIVER_USDT | +0.0174% | 4h | 1.2700 | −0.314% | $421K | $108K | 20x | as long as short |
| Bitget RIVERUSDT | +0.0178% | 4h | 1.2730 | −0.078% | $3.0M | $1.9M | 20x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0238% | 4h | 1.2705 | −0.272% | $31K | $429K | 10x | as long as short |
| Kraken Futures PF_RIVERUSD | +0.0478% | 1h | 1.2742 | +0.014% | $56K | $58K | 10x | as long as short |
| Aster RIVERUSDT | +0.0593% | 4h | 1.2709 | −0.243% | $73K | $31K | 10x | 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 | +0.0613% | 4h | 1.2720 | −0.157% | $422K | $36K | 50x | as long as short |
| MEXC RIVER_USDT | +0.0616% | 4h | 1.2730 | −0.078% | $3.5M | $1.5M | 50x | as long as short |
| Binance RIVERUSDT | +0.0619% | 4h | 1.2740 | 0.000% | $6.1M | $10.2M | 50x | as long as short |
| Variational Omni RIVER | +0.1140% | 4h | 1.2730 | −0.082% | $43K | $20K | — | as long as short |
| BingX RIVER-USDTshort | +0.1614% | 4h | 1.2730 | −0.078% | — | $6.8M | — | |
| Bybit RIVERUSDTlong | +0.1718% | 4h | 1.2740 | long leg | $3.8M | $1.7M | 25x |
Bybit RIVERUSDT
BingX RIVER-USDT
Lighter RIVER
OKX RIVER-USDT-SWAP
KuCoin RIVERUSDTM
SunX RIVER-USDT
HTX RIVER-USDT
Gate RIVER_USDT
Bitget RIVERUSDT
GRVT RIVER_USDT_Perp
Kraken Futures PF_RIVERUSD
Aster RIVERUSDT
BloFin RIVER-USDT
MEXC RIVER_USDT
Binance RIVERUSDT
Variational Omni RIVER