RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.03 per $10,000 · paid last 24h +0.139%

Price spread now: BloFin against Gate0.000%78s7-day average +0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2,268as 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−$2,31023.097% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.420%+$42 on $10k

Price spread, last 4 days (all we have)+0.437%+$44 · spread now 0.000%, 7d avg +0.064%

Together, before fees+0.856%+$86 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.064% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.064%. The two prices were read 78 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	Gate RIVER_USDT	1.2730	0.0464	pay 0.0232% / 4h	3h 53m	$429K	$102K	20x
Short	BloFin RIVER-USDT	1.2730	0.0458	get 0.0229% / 4h	3h 53m	$418K	$32K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$1.29
Price spread: 0.000% → +0.064%: −$6.43
Slippage, 4 orders: −$2,282.73
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$2,317.44
Costs to cover: 23.097%
Break-even: never at this rate

Slippage from Gate: live order book, 62 min ago; BloFin: live order book, 42 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, 62 min ago	7.89 bp	1865.1 bp −$1,865	30685.7 bp −$306.9K	doesn't fit	doesn't fit
Sell BloFin live order book, 42 min ago	11.95 bp	21.1 bp −$21	47.1 bp −$471	329.5 bp −$33.0K	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	1.2750	+0.157%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2740	+0.079%	$2.5M	$3.3M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2738	+0.061%	$43K	$15K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2720	−0.079%	$33K	$462K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2710	−0.157%	$2K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2760	+0.236%	$48K	$66K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0235%	4h	1.2750	+0.157%	$2.1M	$4.0M	20x	as long as short
BingX RIVER-USDT	+0.0412%	4h	1.2750	+0.157%	—	$6.8M	—	as long as short
MEXC RIVER_USDT	+0.0428%	4h	1.2750	+0.157%	$3.7M	$1.6M	50x	as long as short
Binance RIVERUSDT	+0.0436%	4h	1.2754	+0.186%	$6.1M	$11.2M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget RIVERUSDT	+0.0442%	4h	1.2750	+0.157%	$3.1M	$2.1M	20x	as long as short
BloFin RIVER-USDTshort	+0.0458%	4h	1.2730	0.000%	$418K	$32K	50x
Gate RIVER_USDTlong	+0.0464%	4h	1.2730	long leg	$429K	$102K	20x
Kraken Futures PF_RIVERUSD	+0.0616%	1h	1.2744	+0.111%	$57K	$70K	10x	as long as short
Aster RIVERUSDT	+0.0829%	4h	1.2724	−0.048%	$72K	$28K	10x	as long as short
Bybit RIVERUSDT	+0.1103%	4h	1.2730	0.000%	$3.9M	$1.8M	25x	as long as short