RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.76 per $10,000 · paid last 24h −0.041%

Price spread now: BloFin against Bybit+0.626%52s7-day average +0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$193as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1691.692% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.241%−$24 on $10k

Price spread, last 4 days (all we have)−0.408%−$41 · spread now +0.626%, 7d avg +0.072%

Together, before fees−0.649%−$65 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.555% dearer against Bybit than usual: you sell high and buy low: +$55 more if the spread goes back to its 7-day average of +0.072%. Mind the row above: over the last 7 days funding on this pair cost −0.241%, so the current rate has only just turned in your favour. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit RIVERUSDT	1.2770	0.0316	pay 0.0158% / 4h	1h 56m	$3.9M	$1.8M	25x
Short	BloFin RIVER-USDT	1.2850	0.0468	get 0.0234% / 4h	1h 56m	$401K	$31K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.626%Rate

Funding earned: $31.9
Price spread: +0.626% → +0.072%: $55.47
Slippage, 4 orders: −$146.22
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$81.85
Costs to cover: 1.692%
Break-even: 25.0 days

Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 29 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, 1 min ago	7.80 bp	64.5 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 29 min ago	11.82 bp	21.6 bp −$22	47.2 bp −$472	308.4 bp −$30.8K	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
Kraken Futures PF_RIVERUSD	−0.0713%	1h	1.2791	+0.164%	$52K	$89K	10x	as long as short
Lighter RIVER	+0.0096%	1h	1.2800	+0.235%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2770	0.000%	$2.5M	$3.8M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2848	+0.608%	$43K	$3K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2851	+0.636%	$38K	$467K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2760	−0.078%	$2K	$1.2M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2890	+0.940%	$50K	$71K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0182%	4h	1.2780	+0.078%	$2.1M	$4.1M	20x	as long as short
Bitget RIVERUSDT	+0.0292%	4h	1.2770	0.000%	$3.1M	$2.3M	20x	as long as short
Bybit RIVERUSDTlong	+0.0316%	4h	1.2770	long leg	$3.9M	$1.8M	25x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate RIVER_USDT	+0.0318%	4h	1.2790	+0.157%	$431K	$102K	20x	as long as short
BingX RIVER-USDT	+0.0406%	4h	1.2790	+0.157%	—	$6.8M	—	as long as short
Binance RIVERUSDT	+0.0421%	4h	1.2775	+0.040%	$6.2M	$11.9M	50x	as long as short
MEXC RIVER_USDT	+0.0424%	4h	1.2780	+0.078%	$3.7M	$1.6M	50x	as long as short
BloFin RIVER-USDTshort	+0.0468%	4h	1.2850	+0.626%	$401K	$31K	50x
Aster RIVERUSDT	+0.0615%	4h	1.2763	−0.052%	$72K	$28K	10x	as long as short