RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0276%/8h= +30.2% APRnext payment +$1.38 per $10,000 · paid last 24h +0.209%

Price spread now: BingX against Gate+0.157%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2,199as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,269as in the Price arb table

costs, in and out, $10k−$2,28022.800% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.806%+$81 on $10k

Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.157%, 7d avg +0.044%

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

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BingX is 0.113% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate RIVER_USDT	1.2760	0.0110	pay 0.0055% / 4h	2h 19m	$430K	$105K	20x
Short	BingX RIVER-USDT	1.2780	0.0386	get 0.0193% / 4h	2h 19m	—	$6.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.157%Rate

Funding earned: $57.96
Price spread: +0.157% → +0.044%: $11.25
Slippage, 4 orders: −$2,255.01
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$2,210.8
Costs to cover: 22.800%
Break-even: 274.0 days

Slippage from Gate: live order book, 26 min ago; BingX: 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 Gate live order book, 26 min ago	3.92 bp	1778.8 bp −$1,779	32698.3 bp −$327.0K	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	7.86 bp	17.7 bp −$18	64.3 bp −$643	375.9 bp −$37.6K	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	1.2780	+0.157%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2780	+0.157%	$2.5M	$3.7M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2718	−0.331%	$43K	$4K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2692	−0.534%	$26K	$464K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2760	0.000%	$1K	$1.2M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2770	+0.078%	$49K	$71K	20x	as long as short
Gate RIVER_USDTlong	+0.0110%	4h	1.2760	long leg	$430K	$105K	20x
OKX RIVER-USDT-SWAP	+0.0154%	4h	1.2780	+0.157%	$2.1M	$4.1M	20x	as long as short
Bitget RIVERUSDT	+0.0300%	4h	1.2780	+0.157%	$3.1M	$2.3M	20x	as long as short
Bybit RIVERUSDT	+0.0322%	4h	1.2780	+0.157%	$3.9M	$1.8M	25x	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	+0.0379%	4h	1.2790	+0.235%	$407K	$31K	50x	as long as short
BingX RIVER-USDTshort	+0.0386%	4h	1.2780	+0.157%	—	$6.8M	—
MEXC RIVER_USDT	+0.0394%	4h	1.2780	+0.157%	$3.7M	$1.6M	50x	as long as short
Binance RIVERUSDT	+0.0400%	4h	1.2790	+0.235%	$6.1M	$11.7M	50x	as long as short
Aster RIVERUSDT	+0.0612%	4h	1.2761	+0.011%	$72K	$28K	10x	as long as short
Kraken Futures PF_RIVERUSD	+0.0714%	1h	1.2767	+0.055%	$52K	$80K	10x	as long as short