RIVER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0673%/8h= +73.7% APRnext payment +$3.37 per $10,000 · paid last 24h +0.221%

Price spread now: BingX against OKX−0.079%7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$740.743% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.628%+$63 on $10k

Price spread, last 7 days+0.093%+$9 · spread now −0.079%, 7d avg +0.019%

Together, before fees+0.720%+$72 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.098% cheaper against OKX than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.019%). If the spread goes back, that is −$10 on $10k: about 12 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.628% in total) that is about 26 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX RIVER-USDT-SWAP	1.2720	0.0157	pay 0.0078% / 4h	2h 21m	$2.1M	$3.8M	20x
Short	BingX RIVER-USDT	1.2710	0.0830	get 0.0415% / 4h	2h 21m	—	$6.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now −0.079%Rate

Funding earned: $141.41
Price spread: −0.079% → +0.019%: −$9.76
Slippage, 4 orders: −$54.34
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: $57.31
Costs to cover: 0.743%
Break-even: 4.2 days

Slippage from OKX: live order book, just now; BingX: live order book, 1 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 OKX live order book, just now	3.93 bp	22.0 bp −$22	135.5 bp −$1,355	doesn't fit	doesn't fit
Sell BingX live order book, 1 min ago	7.85 bp	18.1 bp −$18	50.3 bp −$503	349.9 bp −$35.0K	doesn't fit

RIVER on 15 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	1.2720	0.000%	$41K	$17K	3x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2700	−0.157%	$2.5M	$2.7M	50x	as long as short
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2710	−0.079%	$33K	$435K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2700	−0.157%	$1K	$1.0M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2760	+0.314%	$48K	$89K	20x	as long as short
OKX RIVER-USDT-SWAPlong	+0.0157%	4h	1.2720	long leg	$2.1M	$3.8M	20x
Variational Omni RIVER	+0.0261%	4h	1.2748	+0.219%	$43K	$20K	—	as long as short
Gate RIVER_USDT	+0.0296%	4h	1.2710	−0.079%	$428K	$103K	20x	as long as short
Bitget RIVERUSDT	+0.0316%	4h	1.2720	0.000%	$3.0M	$2.0M	20x	as long as short
MEXC RIVER_USDT	+0.0500%	4h	1.2720	0.000%	$3.8M	$1.6M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance RIVERUSDT	+0.0501%	4h	1.2720	0.000%	$6.1M	$10.8M	50x	as long as short
Aster RIVERUSDT	+0.0783%	4h	1.2720	0.000%	$73K	$29K	10x	as long as short
BingX RIVER-USDTshort	+0.0830%	4h	1.2710	−0.079%	—	$6.8M	—
Bybit RIVERUSDT	+0.0875%	4h	1.2710	−0.079%	$3.8M	$1.7M	25x	as long as short
Kraken Futures PF_RIVERUSD	+0.1258%	1h	1.2724	+0.028%	$57K	$70K	10x	as long as short