Funding you earn now, next payment 04:00 UTC+0.0323%/8h= +35.4% APRnext payment +$1.62 per $10,000 · paid last 24h −0.037%
Price spread now: Binance against Bitget+0.050%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1791.789% of the position
Funding, last 7 days+0.330%+$33 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.050%, 7d avg +0.087%
=Funding pays, the price is against you. Binance is 0.036% cheaper against Bitget than usual: you would sell low and buy high (spread +0.050% now, against its 7-day average of +0.087%). If the spread goes back, that is −$4 on $10k: about 9 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.330% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GRIFFAINUSDT | 0.01532 | 0.0814 | pay 0.0407% / 4h | 2h 09m | $381K | $270K | 10x |
| Short | Binance GRIFFAINUSDT | 0.01533 | 0.1137 | get 0.0569% / 4h | 2h 09m | $4.1M | $1.7M | 20x |
Bitget GRIFFAINUSDT
Binance GRIFFAINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $67.92
- Price spread: +0.050% → +0.087%
- −$3.65
- Slippage, 4 orders
- −$156.95
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$114.67
- Costs to cover
- 1.789%
- Break-even
- 18.8 days
Slippage from Bitget: live order book, 51 min ago; Binance: live order book, 12 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 Bitget live order book, 51 min ago | 9.67 bp | 51.8 bp −$52 | 711.5 bp −$7,115 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 3.89 bp | 41.4 bp −$41 | 340.9 bp −$3,409 | doesn't fit | doesn't fit |
GRIFFAIN on 11 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 | −23.166% | — | — | — | as long as short |
| Hyperliquid GRIFFAIN | +0.0100% | 1h | 0.01534 | +0.131% | $1.2M | $99K | 3x | as long as short |
| Bybit GRIFFAINUSDT | +0.0100% | 4h | 0.01535 | +0.176% | $733K | $400K | 25x | as long as short |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01535 | +0.196% | $423K | $84K | 10x | as long as short |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01530 | −0.131% | $482K | $48K | 20x | as long as short |
| Bitget GRIFFAINUSDTlong | +0.0814% | 4h | 0.01532 | long leg | $381K | $270K | 10x | |
| BingX GRIFFAIN-USDT | +0.1060% | 4h | 0.01533 | +0.072% | — | $6.6M | — | as long as short |
| MEXC GRIFFAIN_USDT | +0.1136% | 4h | 0.01534 | +0.131% | $291K | $114K | 100x | as long as short |
| Binance GRIFFAINUSDTshort | +0.1137% | 4h | 0.01533 | +0.050% | $4.1M | $1.7M | 20x | |
| Aster GRIFFAINUSDT | +0.1271% | 4h | 0.01536 | +0.259% | $15K | $31K | 5x | as long as short |
Reya GRIFFAINRUSDPERP
Hyperliquid GRIFFAIN
Bybit GRIFFAINUSDT
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
BingX GRIFFAIN-USDT
MEXC GRIFFAIN_USDT
Aster GRIFFAINUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GRIFFAINUSD | +1.4727% | 1h | 0.01553 | +1.347% | $17K | $24K | 10x | as long as short |
Kraken Futures PF_GRIFFAINUSD