Settings8H · net · $10k
Funding arb · Price arb /

RIVER

all RIVER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0554%/8h= +60.7% APRnext payment +$2.77 per $10,000 · paid last 24h +0.148%
Price spread now: Binance against HTX−0.297%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.375%+$37 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Binance is 0.297% cheaper against HTX than usual: you would sell low and buy high (spread −0.297% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$30 on $10k: about 43 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.375% in total) that is about 5.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.375% in total (about 19.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.77 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX RIVER-USDT1.27000.0100pay 0.0050% / 4h1h 33m$48K$95K20x
ShortBinance RIVERUSDT1.26620.0654get 0.0327% / 4h1h 33m$6.0M$10.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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

Funding earned
$116.4
Price spread: −0.297% → 0.000%
−$29.74
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$64.66
Costs to cover
0.220%
Break-even
3.1 days
Slippage unknown: HTX: no order-book sample; Binance: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Binance live order book, 6 min ago3.92 bp13.8 bp −$1455.6 bp −$556doesn't fitdoesn't fit
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

RIVER on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RIVER+0.0096%1h1.2650−0.394%$41K$17K3xas long as short
OKX RIVER-USDT-SWAP+0.0100%4h1.2650−0.394%$2.0M$3.7M20xas long as short
KuCoin RIVERUSDTM+0.0100%4h1.2650−0.394%$2.4M$2.0M50xas long as short
GRVT RIVER_USDT_Perp+0.0100%4h1.27000.000%$39K$415K10xas long as short
SunX RIVER-USDT+0.0100%4h1.2630−0.551%$2K$950K20xas long as short
HTX RIVER-USDTlong+0.0100%4h1.2700long leg$48K$95K20x
Bitget RIVERUSDT+0.0244%4h1.2650−0.394%$3.0M$1.9M20xas long as short
Gate RIVER_USDT+0.0368%4h1.2640−0.472%$419K$107K20xas long as short
Kraken Futures PF_RIVERUSD+0.0562%1h1.2667−0.262%$57K$63K10xas long as short
Aster RIVERUSDT+0.0619%4h1.2646−0.424%$73K$29K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance RIVERUSDTshort+0.0654%4h1.2662−0.297%$6.0M$10.2M50x
MEXC RIVER_USDT+0.0662%4h1.2650−0.394%$3.7M$1.5M50xas long as short
BloFin RIVER-USDT+0.0712%4h1.2680−0.157%$419K$33K50xas long as short
Variational Omni RIVER+0.1150%4h1.2684−0.130%$42K$20Kas long as short
BingX RIVER-USDT+0.1512%4h1.2660−0.315%$6.8Mas long as short
Bybit RIVERUSDT+0.1563%4h1.2660−0.315%$3.8M$1.7M25xas long as short