Funding you earn now, next payment 23:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h −0.194%
Price spread now: Hyperliquid against BingX+0.032%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2192.192% of the position
Funding, last 7 days−0.579%−$58 on $10k
+Price spread, last 7 days+0.050%+$5 · spread now +0.032%, 7d avg +0.055%
=Together, before fees−0.529%+ Points / potential airdropHyperliquid: Season 2 · farm board−$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.023% cheaper against BingX than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.055%). If the spread goes back, that is −$2 on $10k: about 8 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.579%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GRIFFAIN-USDT | 0.01563 | 0.0780 | pay 0.0390% / 4h | 1h 55m | — | $6.6M | — |
| Short | Hyperliquid GRIFFAIN | 0.01564 | 0.1000 | get 0.0125% / 1h | 55m 55s | $1.2M | $93K | 3x |
BingX GRIFFAIN-USDT
Hyperliquid GRIFFAINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $46.24
- Price spread: +0.032% → +0.055%
- −$2.25
- Slippage, 4 orders
- −$200.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$175.17
- Costs to cover
- 2.192%
- Break-even
- 33.5 days
Slippage from BingX: live order book, 11 min ago; Hyperliquid: live order book, 4 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, 11 min ago | 8.42 bp | 39.6 bp −$40 | 326.7 bp −$3,267 | 559.2 bp −$55.9K | 860.7 bp −$430.4K |
| Sell Hyperliquid live order book, 4 min ago | 6.44 bp | 44.9 bp −$45 | 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 | −24.694% | — | — | — | as long as short |
| Bybit GRIFFAINUSDT | +0.0100% | 4h | 0.01563 | −0.006% | $728K | $409K | 25x | as long as short |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01565 | +0.122% | $431K | $80K | 10x | as long as short |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01559 | −0.262% | $484K | $48K | 20x | as long as short |
| Aster GRIFFAINUSDT | +0.0489% | 4h | 0.01560 | −0.191% | $15K | $35K | 5x | as long as short |
| BloFin GRIFFAIN-USDT | +0.0498% | 4h | 0.01564 | +0.077% | $279K | $12K | 20x | as long as short |
| MEXC GRIFFAIN_USDT | +0.0550% | 4h | 0.01564 | +0.058% | $326K | $110K | 100x | as long as short |
| Binance GRIFFAINUSDT | +0.0551% | 4h | 0.01562 | −0.099% | $4.2M | $1.7M | 20x | as long as short |
| BingX GRIFFAIN-USDTlong | +0.0780% | 4h | 0.01563 | long leg | — | $6.6M | — | |
| Bitget GRIFFAINUSDT | +0.0846% | 4h | 0.01562 | −0.070% | $369K | $246K | 10x | as long as short |
Reya GRIFFAINRUSDPERP
Bybit GRIFFAINUSDT
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
Aster GRIFFAINUSDT
BloFin GRIFFAIN-USDT
MEXC GRIFFAIN_USDT
Binance GRIFFAINUSDT
Bitget GRIFFAINUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid GRIFFAINshort | +0.1000% | 1h | 0.01564 | +0.032% | $1.2M | $93K | 3x | |
| Kraken Futures PF_GRIFFAINUSD | +0.7883% | 1h | 0.01575 | +0.740% | $18K | $29K | 10x | as long as short |
Kraken Futures PF_GRIFFAINUSD