Funding arb · Price arb /

RIVER

all RIVER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%

Price spread now: HTX against OKX−0.078%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$182as in the Funding arb table

Net, price: spread back to 7d avg − costs−$173as in the Price arb table

costs, in and out, $10k−$1661.656% of the position

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.166%−$17 on $10k

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

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.078% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX RIVER-USDT-SWAP	1.2760	0.0100	pay 0.0050% / 4h	3h 32m	$2.0M	$3.9M	20x
Short	HTX RIVER-USDT	1.2750	0.0100	get 0.0050% / 4h	3h 32m	$49K	$98K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.078%Rate

Funding earned: $0
Price spread: −0.078% → 0.000%: −$7.84
Slippage, 4 orders: −$143.55
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$173.39
Costs to cover: 1.656%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; HTX: live order book, 77 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, 5 min ago	3.93 bp	19.2 bp −$19	94.3 bp −$943	doesn't fit	doesn't fit
Sell HTX live order book, 77 min ago	23.38 bp	62.0 bp −$62	doesn't fit	doesn't fit	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	−0.0082%	1h	1.2747	−0.099%	$57K	$63K	10x	as long as short
Lighter RIVER	+0.0096%	1h	1.2760	0.000%	$41K	$17K	3x	as long as short
OKX RIVER-USDT-SWAPlong	+0.0100%	4h	1.2760	long leg	$2.0M	$3.9M	20x
Gate RIVER_USDT	+0.0100%	4h	1.2760	0.000%	$421K	$107K	20x	as long as short
KuCoin RIVERUSDTM	+0.0100%	4h	1.2740	−0.157%	$2.4M	$2.2M	50x	as long as short
Bitget RIVERUSDT	+0.0100%	4h	1.2750	−0.078%	$3.0M	$2.0M	20x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2700	−0.470%	$2K	$924K	20x	as long as short
HTX RIVER-USDTshort	+0.0100%	4h	1.2750	−0.078%	$49K	$98K	20x
GRVT RIVER_USDT_Perp	+0.0290%	4h	1.2732	−0.219%	$35K	$454K	10x	as long as short
Aster RIVERUSDT	+0.0439%	4h	1.2743	−0.131%	$73K	$32K	10x	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	+0.0490%	4h	1.2760	0.000%	$3.6M	$1.5M	50x	as long as short
Binance RIVERUSDT	+0.0497%	4h	1.2760	0.000%	$6.1M	$10.4M	50x	as long as short
BloFin RIVER-USDT	+0.0520%	4h	1.2750	−0.078%	$414K	$37K	50x	as long as short
Variational Omni RIVER	+0.1065%	4h	1.2730	−0.234%	$43K	$20K	—	as long as short
BingX RIVER-USDT	+0.2176%	4h	1.2750	−0.078%	—	$6.8M	—	as long as short
Bybit RIVERUSDT	+0.2178%	4h	1.2750	−0.078%	$3.8M	$1.7M	25x	as long as short