RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0960%/8h= +105.1% APRnext payment +$4.80 per $10,000 · paid last 24h +0.249%

Price spread now: BingX against KuCoin+0.158%7-day average +0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$1061.057% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.467%+$47 on $10k

Price spread, last 7 days−0.226%−$23 · spread now +0.158%, 7d avg +0.081%

Together, before fees+0.241%+$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and BingX is 0.077% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.081%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.467% in total (about 24.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RIVERUSDTM	1.2680	0.0100	pay 0.0050% / 4h	3h 29m	$2.5M	$2.4M	50x
Short	BingX RIVER-USDT	1.2700	0.1060	get 0.0530% / 4h	3h 29m	—	$6.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now +0.158%Rate

Funding earned: $201.6
Price spread: +0.158% → +0.081%: $7.71
Slippage, 4 orders: −$83.7
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: $103.61
Costs to cover: 1.057%
Break-even: 3.4 days

Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 9 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 KuCoin live order book, 3 min ago	3.94 bp	39.9 bp −$40	967.0 bp −$9,670	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	7.89 bp	17.1 bp −$17	47.0 bp −$470	355.5 bp −$35.5K	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	1.2690	+0.079%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAP	+0.0100%	4h	1.2690	+0.079%	$2.1M	$3.7M	20x	as long as short
Gate RIVER_USDT	+0.0100%	4h	1.2680	0.000%	$427K	$111K	20x	as long as short
KuCoin RIVERUSDTMlong	+0.0100%	4h	1.2680	long leg	$2.5M	$2.4M	50x
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2680	0.000%	$36K	$425K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2670	−0.079%	$1K	$999K	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2700	+0.158%	$48K	$94K	20x	as long as short
Bitget RIVERUSDT	+0.0210%	4h	1.2690	+0.079%	$3.0M	$1.9M	20x	as long as short
Variational Omni RIVER	+0.0322%	4h	1.2668	−0.094%	$42K	$20K	—	as long as short
BloFin RIVER-USDT	+0.0499%	4h	1.2680	0.000%	$418K	$33K	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	+0.0538%	4h	1.2690	+0.079%	$3.8M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0542%	4h	1.2699	+0.150%	$6.1M	$10.4M	50x	as long as short
Aster RIVERUSDT	+0.0617%	4h	1.2682	+0.018%	$73K	$31K	10x	as long as short
Kraken Futures PF_RIVERUSD	+0.0788%	1h	1.2715	+0.273%	$57K	$71K	10x	as long as short
BingX RIVER-USDTshort	+0.1060%	4h	1.2700	+0.158%	—	$6.8M	—
Bybit RIVERUSDT	+0.1141%	4h	1.2690	+0.079%	$3.8M	$1.7M	25x	as long as short