Funding you earn now, next payment 08:00 UTC−0.0290%/8h= −31.8% APRnext payment −$1.45 per $10,000 · paid last 24h −0.002%
Price spread now: Bitget against BingX−0.013%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1551.553% of the position
Funding, last 7 days−0.343%−$34 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.013%, 7d avg −0.079%
=The price spread pays, funding is against you. Bitget is 0.066% dearer against BingX than usual: you sell high and buy low (spread −0.013% now, against its 7-day average of −0.079%): +$7 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GRIFFAIN-USDT | 0.01569 | 0.0412 | pay 0.0206% / 4h | 3h 32m | — | $6.5M | — |
| Short | Bitget GRIFFAINUSDT | 0.01569 | 0.0122 | get 0.0061% / 4h | 3h 32m | $377K | $275K | 10x |
BingX GRIFFAIN-USDT
Bitget GRIFFAINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$60.9
- Price spread: −0.013% → −0.079%
- $6.63
- Slippage, 4 orders
- −$133.31
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$209.58
- Costs to cover
- 1.553%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bitget: live order book, 12 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 BingX live order book, 4 min ago | 7.58 bp | 39.4 bp −$39 | 400.0 bp −$4,000 | 673.4 bp −$67.3K | 1002.1 bp −$501.1K |
| Sell Bitget live order book, 12 min ago | 9.47 bp | 30.6 bp −$31 | 551.4 bp −$5,514 | 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 | −24.985% | — | — | — | as long as short |
| Hyperliquid GRIFFAIN | +0.0100% | 1h | 0.01570 | +0.057% | $1.2M | $100K | 3x | as long as short |
| Bybit GRIFFAINUSDT | +0.0100% | 4h | 0.01568 | −0.076% | $772K | $456K | 25x | as long as short |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01571 | +0.089% | $432K | $84K | 10x | as long as short |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01568 | −0.076% | $483K | $44K | 20x | as long as short |
| Bitget GRIFFAINUSDTshort | +0.0122% | 4h | 0.01569 | −0.013% | $377K | $275K | 10x | |
| Binance GRIFFAINUSDT | +0.0384% | 4h | 0.01570 | +0.031% | $4.2M | $1.8M | 20x | as long as short |
| MEXC GRIFFAIN_USDT | +0.0396% | 4h | 0.01571 | +0.115% | $285K | $116K | 100x | as long as short |
| BingX GRIFFAIN-USDTlong | +0.0412% | 4h | 0.01569 | long leg | — | $6.5M | — | |
| BloFin GRIFFAIN-USDT | +0.0440% | 4h | 0.01571 | +0.134% | $278K | $12K | 20x | as long as short |
Reya GRIFFAINRUSDPERP
Hyperliquid GRIFFAIN
Bybit GRIFFAINUSDT
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
Binance GRIFFAINUSDT
MEXC GRIFFAIN_USDT
BloFin GRIFFAIN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GRIFFAINUSDT | +0.0577% | 4h | 0.01570 | +0.043% | $15K | $19K | 5x | as long as short |
| Kraken Futures PF_GRIFFAINUSD | +0.5445% | 1h | 0.01577 | +0.486% | $18K | $21K | 10x | as long as short |
Aster GRIFFAINUSDT
Kraken Futures PF_GRIFFAINUSD