Funding you earn now, next payment 04:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.31 per $10,000 · paid last 24h −0.028%
Price spread now: MEXC against BingX−0.039%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1131.134% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now −0.039%, 7d avg −0.029%
=The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| 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 38m | — | $6.6M | — |
| Short | MEXC GRIFFAIN_USDT | 0.01550 | 0.1114 | get 0.0557% / 4h | 3h 38m | $305K | $112K | 100x |
BingX GRIFFAIN-USDT
MEXC GRIFFAIN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $13.02
- Price spread: −0.039% → −0.029%
- −$0.94
- Slippage, 4 orders
- −$99.42
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$101.34
- Costs to cover
- 1.134%
- Break-even
- 61.5 days
Slippage from BingX: live order book, 8 min ago; MEXC: live order book, 16 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, 8 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 MEXC live order book, 16 min ago | 6.47 bp | 16.7 bp −$17 | 79.7 bp −$797 | 558.0 bp −$55.8K | 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 | −24.090% | — | — | — | as long as short |
| Bybit GRIFFAINUSDT | +0.0100% | 4h | 0.01552 | +0.097% | $733K | $401K | 25x | as long as short |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01546 | −0.297% | $424K | $81K | 10x | as long as short |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01545 | −0.361% | $487K | $49K | 20x | as long as short |
| Hyperliquid GRIFFAIN | +0.0182% | 1h | 0.01550 | −0.006% | $1.2M | $97K | 3x | as long as short |
| Bitget GRIFFAINUSDT | +0.1000% | 4h | 0.01547 | −0.232% | $365K | $252K | 10x | as long as short |
| BingX GRIFFAIN-USDTlong | +0.1052% | 4h | 0.01551 | long leg | — | $6.6M | — | |
| BloFin GRIFFAIN-USDT | +0.1071% | 4h | 0.01551 | 0.000% | $274K | $11K | 20x | as long as short |
| MEXC GRIFFAIN_USDTshort | +0.1114% | 4h | 0.01550 | −0.039% | $305K | $112K | 100x | |
| Binance GRIFFAINUSDT | +0.1117% | 4h | 0.01550 | −0.013% | $4.2M | $1.7M | 20x | as long as short |
Reya GRIFFAINRUSDPERP
Bybit GRIFFAINUSDT
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
Hyperliquid GRIFFAIN
Bitget GRIFFAINUSDT
BloFin 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 | −0.329% | $15K | $31K | 5x | as long as short |
| Kraken Futures PF_GRIFFAINUSD | +1.8956% | 1h | 0.01549 | −0.128% | $17K | $26K | 10x | as long as short |
Aster GRIFFAINUSDT
Kraken Futures PF_GRIFFAINUSD