Funding you earn now, next payment 00:00 UTC−0.0758%/8h= −83.0% APRnext payment −$3.79 per $10,000 · paid last 24h −0.174%
Price spread now: Gate against Binance+0.009%7-day average −0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$821as in the Funding arb table
Net, price: spread back to 7d avg − costs−$769as in the Price arb table
costs, in and out, $10k−$7847.837% of the position
Funding, last 7 days−0.369%−$37 on $10k
+Price spread, last 4 days (all we have)−0.223%−$22 · spread now +0.009%, 7d avg −0.134%
=The price spread pays, funding is against you. Gate is 0.143% dearer against Binance than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.134%): +$14 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.369% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.369% in total (about -19.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GRIFFAINUSDT | 0.01541 | 0.0858 | pay 0.0429% / 4h | 33m 15s | $4.1M | $1.7M | 20x |
| Short | Gate GRIFFAIN_USDT | 0.01541 | 0.0100 | get 0.0050% / 4h | 33m 15s | $423K | $80K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$159.14
- Price spread: +0.009% → −0.134%
- $14.25
- Slippage, 4 orders
- −$758.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$928.58
- Costs to cover
- 7.837%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: live order book, 42 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, 4 min ago | 1.95 bp | 45.1 bp −$45 | 577.4 bp −$5,774 | doesn't fit | doesn't fit |
| Sell Gate live order book, 42 min ago | 11.33 bp | 465.8 bp −$466 | doesn't fit | 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 | −23.595% | — | — | — | as long as short |
| Bybit GRIFFAINUSDT | +0.0100% | 4h | 0.01541 | +0.048% | $726K | $427K | 25x | as long as short |
| Gate GRIFFAIN_USDTshort | +0.0100% | 4h | 0.01541 | +0.009% | $423K | $80K | 10x | |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01540 | −0.037% | $485K | $50K | 20x | as long as short |
| Hyperliquid GRIFFAIN | +0.0477% | 1h | 0.01543 | +0.145% | $1.2M | $100K | 3x | as long as short |
| BingX GRIFFAIN-USDT | +0.0830% | 4h | 0.01542 | +0.106% | — | $6.5M | — | as long as short |
| Binance GRIFFAINUSDTlong | +0.0858% | 4h | 0.01541 | long leg | $4.1M | $1.7M | 20x | |
| MEXC GRIFFAIN_USDT | +0.0866% | 4h | 0.01540 | −0.037% | $311K | $113K | 100x | as long as short |
| BloFin GRIFFAIN-USDT | +0.0871% | 4h | 0.01541 | +0.054% | $274K | $12K | 20x | as long as short |
| Bitget GRIFFAINUSDT | +0.0872% | 4h | 0.01542 | +0.093% | $359K | $253K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GRIFFAINUSDT | +0.0917% | 4h | 0.01539 | −0.095% | $15K | $35K | 5x | as long as short |
| Kraken Futures PF_GRIFFAINUSD | +1.5871% | 1h | 0.01531 | −0.597% | $17K | $28K | 10x | as long as short |
Binance GRIFFAINUSDT
Gate GRIFFAIN_USDT
Bybit GRIFFAINUSDT
KuCoin GRIFFAINUSDTM
Hyperliquid GRIFFAIN
BingX GRIFFAIN-USDT
MEXC GRIFFAIN_USDT
BloFin GRIFFAIN-USDT
Bitget GRIFFAINUSDT
Aster GRIFFAINUSDT
Kraken Futures PF_GRIFFAINUSD