Funding you earn now, next payment 04:00 UTC−0.0490%/8h= −53.7% APRnext payment −$2.45 per $10,000 · paid last 24h −0.216%
Price spread now: KuCoin against BingX−0.500%7-day average −0.264% · you buy dearer than you sell
Net, funding: paid 7d − costs−$368as in the Funding arb table
Net, price: spread back to 7d avg − costs−$323as in the Price arb table
costs, in and out, $10k−$3002.998% of the position
Funding, last 7 days−0.684%−$68 on $10k
+Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.500%, 7d avg −0.264%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and KuCoin is 0.236% cheaper against BingX than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.264%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GRIFFAIN-USDT | 0.01580 | 0.0590 | pay 0.0295% / 4h | 24m 53s | — | $6.6M | — |
| Short | KuCoin GRIFFAINUSDTM | 0.01572 | 0.0100 | get 0.0050% / 4h | 24m 53s | $480K | $52K | 20x |
BingX GRIFFAIN-USDT
KuCoin GRIFFAINUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$102.98
- Price spread: −0.500% → −0.264%
- −$23.58
- Slippage, 4 orders
- −$277.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$426.37
- Costs to cover
- 2.998%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 58 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 | 9.17 bp | 35.5 bp −$36 | 403.8 bp −$4,038 | 737.7 bp −$73.8K | 1096.4 bp −$548.2K |
| Sell KuCoin live order book, 58 min ago | 12.75 bp | 94.9 bp −$95 | 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 | −25.495% | — | — | — | as long as short |
| Hyperliquid GRIFFAIN | +0.0100% | 1h | 0.01580 | −0.019% | $1.2M | $101K | 3x | as long as short |
| Bybit GRIFFAINUSDT | +0.0100% | 4h | 0.01578 | −0.095% | $775K | $459K | 25x | as long as short |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01576 | −0.272% | $434K | $84K | 10x | as long as short |
| KuCoin GRIFFAINUSDTMshort | +0.0100% | 4h | 0.01572 | −0.500% | $480K | $52K | 20x | |
| Bitget GRIFFAINUSDT | +0.0232% | 4h | 0.01578 | −0.120% | $379K | $278K | 10x | as long as short |
| Binance GRIFFAINUSDT | +0.0565% | 4h | 0.01578 | −0.114% | $4.2M | $1.8M | 20x | as long as short |
| MEXC GRIFFAIN_USDT | +0.0576% | 4h | 0.01577 | −0.184% | $293K | $115K | 100x | as long as short |
| BloFin GRIFFAIN-USDT | +0.0590% | 4h | 0.01579 | −0.089% | $281K | $12K | 20x | as long as short |
| BingX GRIFFAIN-USDTlong | +0.0590% | 4h | 0.01580 | long leg | — | $6.6M | — |
Reya GRIFFAINRUSDPERP
Hyperliquid GRIFFAIN
Bybit GRIFFAINUSDT
Gate GRIFFAIN_USDT
Bitget GRIFFAINUSDT
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 | +0.0724% | 4h | 0.01574 | −0.354% | $15K | $20K | 5x | as long as short |
| Kraken Futures PF_GRIFFAINUSD | +1.5672% | 1h | 0.01579 | −0.067% | $18K | $21K | 10x | as long as short |
Aster GRIFFAINUSDT
Kraken Futures PF_GRIFFAINUSD