Funding you earn now, next payment 00:00 UTC−0.0730%/8h= −79.9% APRnext payment −$3.65 per $10,000 · paid last 24h −0.208%
Price spread now: Bybit against BingX−0.058%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$261as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$1971.966% of the position
Funding, last 7 days−0.645%−$65 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.058%, 7d avg −0.021%
=Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Bybit is 0.037% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GRIFFAIN-USDT | 0.01542 | 0.0830 | pay 0.0415% / 4h | 33m 22s | — | $6.5M | — |
| Short | Bybit GRIFFAINUSDT | 0.01541 | 0.0100 | get 0.0050% / 4h | 33m 22s | $726K | $427K | 25x |
BingX GRIFFAIN-USDT
Bybit GRIFFAINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$153.3
- Price spread: −0.058% → −0.021%
- −$3.72
- Slippage, 4 orders
- −$175.61
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$353.63
- Costs to cover
- 1.966%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bybit: live order book, 41 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, 3 min ago | 6.49 bp | 41.3 bp −$41 | 378.4 bp −$3,784 | 725.0 bp −$72.5K | 1102.8 bp −$551.4K |
| Sell Bybit live order book, 41 min ago | 6.79 bp | 66.4 bp −$66 | 391.5 bp −$3,915 | 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 | −23.676% | — | — | — | as long as short |
| Bybit GRIFFAINUSDTshort | +0.0100% | 4h | 0.01541 | −0.058% | $726K | $427K | 25x | |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01541 | −0.097% | $423K | $80K | 10x | as long as short |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01540 | −0.143% | $485K | $50K | 20x | as long as short |
| Hyperliquid GRIFFAIN | +0.0477% | 1h | 0.01543 | +0.039% | $1.2M | $100K | 3x | as long as short |
| BingX GRIFFAIN-USDTlong | +0.0830% | 4h | 0.01542 | long leg | — | $6.5M | — | |
| Binance GRIFFAINUSDT | +0.0858% | 4h | 0.01541 | −0.106% | $4.1M | $1.7M | 20x | as long as short |
| MEXC GRIFFAIN_USDT | +0.0866% | 4h | 0.01540 | −0.143% | $311K | $113K | 100x | as long as short |
| BloFin GRIFFAIN-USDT | +0.0871% | 4h | 0.01541 | −0.052% | $274K | $12K | 20x | as long as short |
| Bitget GRIFFAINUSDT | +0.0872% | 4h | 0.01542 | −0.013% | $359K | $253K | 10x | as long as short |
Reya GRIFFAINRUSDPERP
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
Hyperliquid GRIFFAIN
Binance GRIFFAINUSDT
MEXC GRIFFAIN_USDT
BloFin GRIFFAIN-USDT
Bitget GRIFFAINUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GRIFFAINUSDT | +0.0917% | 4h | 0.01539 | −0.201% | $15K | $35K | 5x | as long as short |
| Kraken Futures PF_GRIFFAINUSD | +1.5871% | 1h | 0.01531 | −0.702% | $17K | $28K | 10x | as long as short |
Aster GRIFFAINUSDT
Kraken Futures PF_GRIFFAINUSD