Settings8H · net · $10k
Funding arb · Price arb /

GRIFFAIN

all GRIFFAIN markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.350%−$35 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GRIFFAINUSDT0.015610.0579pay 0.0289% / 4h1h 55m$4.2M$1.7M20x
ShortBitget GRIFFAINUSDT0.015610.0840get 0.0420% / 4h1h 55m$369K$246K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago4.53 bp44.5 bp −$44434.1 bp −$4,341doesn't fitdoesn't fit
Sell Bitget live order book, 20 min ago9.80 bp37.2 bp −$37597.8 bp −$5,978doesn't fitdoesn't fit

GRIFFAIN on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya GRIFFAINRUSDPERP0.0000%1h0.01177−24.583%as long as short
Bybit GRIFFAINUSDT+0.0100%4h0.01562+0.064%$727K$411K25xas long as short
Gate GRIFFAIN_USDT+0.0100%4h0.01565+0.269%$431K$80K10xas long as short
KuCoin GRIFFAINUSDTM+0.0100%4h0.01558−0.179%$483K$49K20xas long as short
BloFin GRIFFAIN-USDT+0.0498%4h0.01564+0.224%$279K$12K20xas long as short
Aster GRIFFAINUSDT+0.0509%4h0.01559−0.125%$15K$35K5xas long as short
MEXC GRIFFAIN_USDT+0.0550%4h0.01560−0.051%$325K$110K100xas long as short
Binance GRIFFAINUSDTlong+0.0579%4h0.01561long leg$4.2M$1.7M20x
BingX GRIFFAIN-USDT+0.0780%4h0.01562+0.083%$6.6Mas long as short
Bitget GRIFFAINUSDTshort+0.0840%4h0.01561+0.013%$369K$246K10x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid GRIFFAIN+0.0903%1h0.01562+0.077%$1.2M$93K3xas long as short
Kraken Futures PF_GRIFFAINUSD+0.7883%1h0.01575+0.888%$18K$29K10xas long as short