GRIFFAIN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: MEXC against Binance+0.005%7-day average −0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$116as in the Price arb table

costs, in and out, $10k−$1201.199% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.005%, 7d avg −0.039%

Together, before fees−0.118%−$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.043% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRIFFAINUSDT	0.01541	0.0507	pay 0.0253% / 4h	1h 09m	$4.1M	$1.8M	20x
Short	MEXC GRIFFAIN_USDT	0.01541	0.0506	get 0.0253% / 4h	1h 09m	$312K	$114K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BinancebpFee MEXCbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$0.16
Price spread: +0.005% → −0.039%: $4.32
Slippage, 4 orders: −$105.87
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$115.71
Costs to cover: 1.199%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 64 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, 12 min ago	3.56 bp	42.3 bp −$42	551.4 bp −$5,514	doesn't fit	doesn't fit
Sell MEXC live order book, 64 min ago	6.55 bp	22.4 bp −$22	89.3 bp −$893	590.9 bp −$59.1K	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	−23.612%	—	—	—	as long as short
Hyperliquid GRIFFAIN	+0.0100%	1h	0.01543	+0.115%	$1.2M	$94K	3x	as long as short
Bybit GRIFFAINUSDT	+0.0100%	4h	0.01542	+0.057%	$724K	$424K	25x	as long as short
Gate GRIFFAIN_USDT	+0.0100%	4h	0.01541	−0.021%	$423K	$81K	10x	as long as short
KuCoin GRIFFAINUSDTM	+0.0100%	4h	0.01540	−0.060%	$486K	$51K	20x	as long as short
BloFin GRIFFAIN-USDT	+0.0490%	4h	0.01544	+0.225%	$275K	$13K	20x	as long as short
MEXC GRIFFAIN_USDTshort	+0.0506%	4h	0.01541	+0.005%	$312K	$114K	100x
Binance GRIFFAINUSDTlong	+0.0507%	4h	0.01541	long leg	$4.1M	$1.8M	20x
Aster GRIFFAINUSDT	+0.0522%	4h	0.01542	+0.078%	$15K	$35K	5x	as long as short
BingX GRIFFAIN-USDT	+0.0650%	4h	0.01541	+0.037%	—	$6.6M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GRIFFAINUSDT	+0.0668%	4h	0.01541	+0.005%	$359K	$254K	10x	as long as short
Kraken Futures PF_GRIFFAINUSD	+0.8045%	1h	0.01543	+0.142%	$17K	$29K	10x	as long as short