Funding arb · Price arb /

RIVER

all RIVER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.162%

Price spread now: KuCoin against Variational Omni−0.059%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.059% cheaper against Variational Omni than usual: you would sell low and buy high, −$6 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	Variational Omni RIVER	1.2768	0.0100	pay 0.0050% / 4h	1h 10m	$43K	$20K	—
Short	KuCoin RIVERUSDTM	1.2760	0.0100	get 0.0050% / 4h	1h 10m	$2.5M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee KuCoinbpOrdersPrice spread, now −0.059%Rate

Funding earned: $0
Price spread: −0.059% → 0.000%: −$5.88
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$17.88
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 7 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 7 min ago	7.82 bp	27.2 bp −$27	550.9 bp −$5,509	doesn't fit	doesn't fit

Variational Omni: 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 RIVER	+0.0096%	1h	1.2770	+0.019%	$41K	$14K	3x	as long as short
KuCoin RIVERUSDTMshort	+0.0100%	4h	1.2760	−0.059%	$2.5M	$3.0M	50x
Variational Omni RIVERlong	+0.0100%	4h	1.2768	long leg	$43K	$20K	—
GRVT RIVER_USDT_Perp	+0.0100%	4h	1.2810	+0.333%	$37K	$447K	10x	as long as short
SunX RIVER-USDT	+0.0100%	4h	1.2760	−0.059%	$2K	$1.1M	20x	as long as short
HTX RIVER-USDT	+0.0100%	4h	1.2820	+0.411%	$48K	$67K	20x	as long as short
OKX RIVER-USDT-SWAP	+0.0239%	4h	1.2760	−0.059%	$2.1M	$3.8M	20x	as long as short
Kraken Futures PF_RIVERUSD	+0.0310%	1h	1.2764	−0.026%	$57K	$70K	10x	as long as short
BloFin RIVER-USDT	+0.0388%	4h	1.2790	+0.176%	$430K	$32K	50x	as long as short
Binance RIVERUSDT	+0.0396%	4h	1.2776	+0.068%	$6.1M	$10.8M	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	+0.0402%	4h	1.2770	+0.019%	$3.9M	$1.6M	50x	as long as short
Gate RIVER_USDT	+0.0408%	4h	1.2780	+0.098%	$432K	$103K	20x	as long as short
Bybit RIVERUSDT	+0.0426%	4h	1.2750	−0.137%	$3.8M	$1.7M	25x	as long as short
BingX RIVER-USDT	+0.0594%	4h	1.2770	+0.019%	—	$6.8M	—	as long as short
Bitget RIVERUSDT	+0.0604%	4h	1.2760	−0.059%	$3.0M	$1.9M	20x	as long as short
Aster RIVERUSDT	+0.0873%	4h	1.2780	+0.098%	$73K	$29K	10x	as long as short