RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0186%/8h= −20.4% APRnext payment −$0.93 per $10,000 · paid last 24h −0.200%

Price spread now: OKX against Bybit+0.078%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$204as in the Funding arb table

Net, price: spread back to 7d avg − costs−$149as in the Price arb table

costs, in and out, $10k−$1551.555% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.486%−$49 on $10k

Price spread, last 7 days+0.001%$0 · spread now +0.078%, 7d avg +0.011%

Together, before fees−0.485%−$49 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.067% dearer against Bybit than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.011%): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit RIVERUSDT	1.2750	0.0426	pay 0.0213% / 4h	1h 09m	$3.8M	$1.7M	25x
Short	OKX RIVER-USDT-SWAP	1.2760	0.0239	get 0.0120% / 4h	1h 09m	$2.1M	$3.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.078%Rate

Funding earned: −$39.15
Price spread: +0.078% → +0.011%: $6.72
Slippage, 4 orders: −$134.45
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$187.88
Costs to cover: 1.555%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 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 Bybit live order book, 3 min ago	7.83 bp	57.9 bp −$58	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	7.83 bp	21.8 bp −$22	147.0 bp −$1,470	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	1.2770	+0.157%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2760	+0.078%	$2.5M	$3.0M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2768	+0.137%	$43K	$20K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2810	+0.471%	$37K	$447K	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	1.2820	+0.549%	$48K	$67K	20x	as long as short
OKX RIVER-USDT-SWAPshort	+0.0239%	4h	1.2760	+0.078%	$2.1M	$3.8M	20x
Kraken Futures PF_RIVERUSD	+0.0310%	1h	1.2764	+0.111%	$57K	$70K	10x	as long as short
BloFin RIVER-USDT	+0.0388%	4h	1.2790	+0.314%	$430K	$32K	50x	as long as short
Binance RIVERUSDT	+0.0396%	4h	1.2776	+0.206%	$6.1M	$10.8M	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	+0.0402%	4h	1.2770	+0.157%	$3.9M	$1.6M	50x	as long as short
Gate RIVER_USDT	+0.0408%	4h	1.2780	+0.235%	$432K	$103K	20x	as long as short
Bybit RIVERUSDTlong	+0.0426%	4h	1.2750	long leg	$3.8M	$1.7M	25x
BingX RIVER-USDT	+0.0594%	4h	1.2770	+0.157%	—	$6.8M	—	as long as short
Bitget RIVERUSDT	+0.0604%	4h	1.2760	+0.078%	$3.0M	$1.9M	20x	as long as short
Aster RIVERUSDT	+0.0873%	4h	1.2780	+0.235%	$73K	$29K	10x	as long as short