Funding you earn now, next payment 04:00 UTC+0.0063%/8h= +6.8% APRnext payment +$0.31 per $10,000 · paid last 24h −0.034%
Price spread now: BloFin against BingX−0.245%51s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1441.443% of the position
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 3 days (all we have)+0.219%+$22 · spread now −0.245%, 7d avg +0.010%
=Funding pays, the price is against you. BloFin is 0.255% cheaper against BingX than usual: you would sell low and buy high (spread −0.245% now, against its 7-day average of +0.010%). If the spread goes back, that is −$26 on $10k: about 14 days of funding at the current rate (+$2 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GRIFFAIN-USDT | 0.01551 | 0.1052 | pay 0.0526% / 4h | 3h 40m | — | $6.6M | — |
| Short | BloFin GRIFFAIN-USDT | 0.01547 | 0.1115 | get 0.0557% / 4h | 3h 40m | $272K | $11K | 20x |
BingX GRIFFAIN-USDT
BloFin GRIFFAIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $13.13
- Price spread: −0.245% → +0.010%
- −$25.53
- Slippage, 4 orders
- −$122.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$156.68
- Costs to cover
- 1.443%
- Break-even
- 90.5 days
Slippage from BingX: live order book, 6 min ago; BloFin: live order book, 26 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, 6 min ago | 8.07 bp | 32.6 bp −$33 | 358.2 bp −$3,582 | 634.4 bp −$63.4K | 930.8 bp −$465.4K |
| Sell BloFin live order book, 26 min ago | 3.25 bp | 34.2 bp −$34 | 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 | −24.104% | — | — | — | as long as short |
| Bybit GRIFFAINUSDT | +0.0100% | 4h | 0.01550 | −0.077% | $731K | $401K | 25x | as long as short |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01545 | −0.368% | $424K | $81K | 10x | as long as short |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01543 | −0.509% | $486K | $49K | 20x | as long as short |
| Hyperliquid GRIFFAIN | +0.0226% | 1h | 0.01550 | −0.058% | $1.2M | $97K | 3x | as long as short |
| Bitget GRIFFAINUSDT | +0.0986% | 4h | 0.01547 | −0.251% | $365K | $252K | 10x | as long as short |
| BingX GRIFFAIN-USDTlong | +0.1052% | 4h | 0.01551 | long leg | — | $6.6M | — | |
| MEXC GRIFFAIN_USDT | +0.1114% | 4h | 0.01548 | −0.187% | $305K | $112K | 100x | as long as short |
| Binance GRIFFAINUSDT | +0.1114% | 4h | 0.01549 | −0.144% | $4.2M | $1.7M | 20x | as long as short |
| BloFin GRIFFAIN-USDTshort | +0.1115% | 4h | 0.01547 | −0.245% | $272K | $11K | 20x |
Reya GRIFFAINRUSDPERP
Bybit GRIFFAINUSDT
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
Hyperliquid GRIFFAIN
Bitget GRIFFAINUSDT
MEXC GRIFFAIN_USDT
Binance GRIFFAINUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GRIFFAINUSDT | +0.1269% | 4h | 0.01545 | −0.348% | $15K | $31K | 5x | as long as short |
| Kraken Futures PF_GRIFFAINUSD | +1.8924% | 1h | 0.01551 | +0.023% | $17K | $26K | 10x | as long as short |
Aster GRIFFAINUSDT
Kraken Futures PF_GRIFFAINUSD