Funding you earn now, next payment 00:00 UTC+0.0261%/8h= +28.6% APRnext payment +$1.31 per $10,000 · paid last 24h +0.038%
Price spread now: Bitget against Binance+0.013%7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1671.673% of the position
Funding, last 7 days−0.329%−$33 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.013%, 7d avg −0.084%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bitget is 0.097% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.084%. Mind the row above: over the last 7 days funding on this pair cost −0.329%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GRIFFAINUSDT | 0.01561 | 0.0579 | pay 0.0289% / 4h | 1h 55m | $4.2M | $1.7M | 20x |
| Short | Bitget GRIFFAINUSDT | 0.01561 | 0.0840 | get 0.0420% / 4h | 1h 55m | $369K | $246K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $54.89
- Price spread: +0.013% → −0.084%
- $9.72
- Slippage, 4 orders
- −$145.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$102.69
- Costs to cover
- 1.673%
- Break-even
- 20.1 days
Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 20 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 Binance live order book, 11 min ago | 4.53 bp | 44.5 bp −$44 | 434.1 bp −$4,341 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 20 min ago | 9.80 bp | 37.2 bp −$37 | 597.8 bp −$5,978 | doesn't fit | doesn't fit |
GRIFFAIN on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya GRIFFAINRUSDPERP | 0.0000% | 1h | 0.01177 | −24.583% | — | — | — | as long as short |
| Bybit GRIFFAINUSDT | +0.0100% | 4h | 0.01562 | +0.064% | $727K | $411K | 25x | as long as short |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01565 | +0.269% | $431K | $80K | 10x | as long as short |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01558 | −0.179% | $483K | $49K | 20x | as long as short |
| BloFin GRIFFAIN-USDT | +0.0498% | 4h | 0.01564 | +0.224% | $279K | $12K | 20x | as long as short |
| Aster GRIFFAINUSDT | +0.0509% | 4h | 0.01559 | −0.125% | $15K | $35K | 5x | as long as short |
| MEXC GRIFFAIN_USDT | +0.0550% | 4h | 0.01560 | −0.051% | $325K | $110K | 100x | as long as short |
| Binance GRIFFAINUSDTlong | +0.0579% | 4h | 0.01561 | long leg | $4.2M | $1.7M | 20x | |
| BingX GRIFFAIN-USDT | +0.0780% | 4h | 0.01562 | +0.083% | — | $6.6M | — | as long as short |
| Bitget GRIFFAINUSDTshort | +0.0840% | 4h | 0.01561 | +0.013% | $369K | $246K | 10x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid GRIFFAIN | +0.0903% | 1h | 0.01562 | +0.077% | $1.2M | $93K | 3x | as long as short |
| Kraken Futures PF_GRIFFAINUSD | +0.7883% | 1h | 0.01575 | +0.888% | $18K | $29K | 10x | as long as short |
Binance GRIFFAINUSDT
Bitget GRIFFAINUSDT
Bybit GRIFFAINUSDT
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
BloFin GRIFFAIN-USDT
Aster GRIFFAINUSDT
MEXC GRIFFAIN_USDT
BingX GRIFFAIN-USDT
Hyperliquid GRIFFAIN
Kraken Futures PF_GRIFFAINUSD