RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h +0.071%

Price spread now: BingX against MEXC+0.158%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$3as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$410.412% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.384%+$38 on $10k

Price spread, last 7 days−0.145%−$14 · spread now +0.158%, 7d avg +0.027%

Together, before fees+0.240%+$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.132% dearer against MEXC than usual: you sell high and buy low (spread +0.158% now, against its 7-day average of +0.027%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. Mind the row above: over the last 7 days funding on this pair paid +0.384%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC RIVER_USDT	1.2630	0.0524	pay 0.0262% / 4h	3h 00m	$3.6M	$1.7M	50x
Short	BingX RIVER-USDT	1.2650	0.0484	get 0.0242% / 4h	3h 00m	—	$6.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.158%Rate

Funding earned: −$8.4
Price spread: +0.158% → +0.027%: $13.15
Slippage, 4 orders: −$31.19
Fee MEXC: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$36.44
Costs to cover: 0.412%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; BingX: live order book, 2 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 MEXC live order book, 2 min ago	3.96 bp	9.1 bp −$9	42.9 bp −$429	228.8 bp −$22.9K	698.8 bp −$349.4K
Sell BingX live order book, 2 min ago	7.94 bp	14.2 bp −$14	50.8 bp −$508	401.1 bp −$40.1K	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
Kraken Futures PF_RIVERUSD	−0.0453%	1h	1.2614	−0.124%	$53K	$84K	10x	as long as short
Lighter RIVER	+0.0096%	1h	1.2610	−0.158%	$41K	$13K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2610	−0.158%	$2.5M	$4.3M	50x	as long as short
Variational Omni RIVER	+0.0100%	4h	1.2613	−0.137%	$43K	$6K	—	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2580	−0.396%	$34K	$426K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2600	−0.238%	$2K	$1.3M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2600	−0.238%	$47K	$71K	20x	as long as short
Bitget RIVERUSDT	+0.0170%	4h	1.2620	−0.079%	$3.2M	$2.6M	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0373%	4h	1.2650	+0.158%	$2.1M	$3.9M	20x	as long as short
Gate RIVER_USDT	+0.0468%	4h	1.2620	−0.079%	$428K	$104K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX RIVER-USDTshort	+0.0484%	4h	1.2650	+0.158%	—	$6.8M	—
Aster RIVERUSDT	+0.0502%	4h	1.2596	−0.272%	$70K	$30K	10x	as long as short
MEXC RIVER_USDTlong	+0.0524%	4h	1.2630	long leg	$3.6M	$1.7M	50x
Binance RIVERUSDT	+0.0546%	4h	1.2644	+0.113%	$6.1M	$12.1M	50x	as long as short
BloFin RIVER-USDT	+0.0557%	4h	1.2610	−0.158%	$387K	$31K	50x	as long as short
Bybit RIVERUSDT	+0.0602%	4h	1.2630	0.000%	$3.8M	$1.6M	25x	as long as short