RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0691%/8h= −75.6% APRnext payment −$0.86 per $10,000 · paid last 24h +0.065%

Price spread now: Lighter against Kraken Futures−0.010%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$21 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_RIVERUSD	1.2741	0.0787	pay 0.0098% / 1h	3m 17s	$57K	$70K	10x
Short	Lighter RIVER	1.2740	0.0096	get 0.0012% / 1h	3m 17s	$41K	$17K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Kraken Futures. 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 Kraken FuturesbpFee LighterbpOrdersPrice spread, now −0.010%Rate

Funding earned: −$145.05
Price spread: −0.010% → 0.000%: −$0.98
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$156.03
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; Lighter: no order-book sample. Net counts fees only.

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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Lighter no order-book sample	—	—	—	—	—

Kraken Futures and Lighter: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RIVERshort	+0.0096%	1h	1.2740	−0.010%	$41K	$17K	3x
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2740	−0.010%	$2.1M	$3.8M	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2740	−0.010%	$2.5M	$2.5M	50x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2780	+0.304%	$35K	$425K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2720	−0.167%	$2K	$1.0M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2850	+0.854%	$49K	$95K	20x	as long as short
Bitget RIVERUSDT	+0.0260%	4h	1.2750	+0.069%	$3.0M	$1.9M	20x	as long as short
Variational Omni RIVER	+0.0423%	4h	1.2793	+0.403%	$43K	$20K	—	as long as short
MEXC RIVER_USDT	+0.0566%	4h	1.2740	−0.010%	$3.8M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0566%	4h	1.2740	−0.010%	$6.1M	$10.5M	50x	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	+0.0619%	4h	1.2740	−0.010%	$424K	$33K	50x	as long as short
Gate RIVER_USDT	+0.0692%	4h	1.2750	+0.069%	$427K	$113K	20x	as long as short
Aster RIVERUSDT	+0.0719%	4h	1.2733	−0.067%	$73K	$31K	10x	as long as short
Kraken Futures PF_RIVERUSDlong	+0.0787%	1h	1.2741	long leg	$57K	$70K	10x
BingX RIVER-USDT	+0.1419%	4h	1.2740	−0.010%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.1474%	4h	1.2730	−0.088%	$3.8M	$1.7M	25x	as long as short