Funding you earn now, next payment 04:00 UTC+0.0312%/8h= +34.2% APRnext payment +$1.56 per $10,000 · paid last 24h −0.008%
Price spread now: BingX against Bitget+0.006%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1751.752% of the position
Funding, last 7 days+0.331%+$33 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.006%, 7d avg +0.080%
=Funding pays, the price is against you. BingX is 0.073% cheaper against Bitget than usual: you would sell low and buy high (spread +0.006% now, against its 7-day average of +0.080%). If the spread goes back, that is −$7 on $10k: about 19 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GRIFFAINUSDT | 0.01545 | 0.1078 | pay 0.0539% / 4h | 2h 55m | $363K | $253K | 10x |
| Short | BingX GRIFFAIN-USDT | 0.01545 | 0.1390 | get 0.0695% / 4h | 2h 55m | — | $6.6M | — |
Bitget GRIFFAINUSDT
BingX GRIFFAIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $65.52
- Price spread: +0.006% → +0.080%
- −$7.32
- Slippage, 4 orders
- −$153.23
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$117.03
- Costs to cover
- 1.752%
- Break-even
- 19.5 days
Slippage from Bitget: live order book, 5 min ago; BingX: live order book, 11 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, 5 min ago | 9.67 bp | 51.8 bp −$52 | 711.5 bp −$7,115 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 7.99 bp | 32.2 bp −$32 | 193.4 bp −$1,934 | 666.4 bp −$66.6K | 1071.0 bp −$535.5K |
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 | −23.812% | — | — | — | as long as short |
| Hyperliquid GRIFFAIN | +0.0100% | 1h | 0.01547 | +0.149% | $1.2M | $99K | 3x | as long as short |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01543 | −0.129% | $423K | $81K | 10x | as long as short |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01539 | −0.388% | $485K | $49K | 20x | as long as short |
| Bybit GRIFFAINUSDT | +0.0815% | 4h | 0.01546 | +0.091% | $733K | $396K | 25x | as long as short |
| Bitget GRIFFAINUSDTlong | +0.1078% | 4h | 0.01545 | long leg | $363K | $253K | 10x | |
| Binance GRIFFAINUSDT | +0.1358% | 4h | 0.01543 | −0.101% | $4.1M | $1.7M | 20x | as long as short |
| MEXC GRIFFAIN_USDT | +0.1372% | 4h | 0.01544 | −0.065% | $303K | $111K | 100x | as long as short |
| BingX GRIFFAIN-USDTshort | +0.1390% | 4h | 0.01545 | +0.006% | — | $6.6M | — | |
| BloFin GRIFFAIN-USDT | +0.1394% | 4h | 0.01546 | +0.097% | $275K | $11K | 20x | as long as short |
Reya GRIFFAINRUSDPERP
Hyperliquid GRIFFAIN
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
Bybit 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 | +0.1494% | 4h | 0.01545 | +0.008% | $15K | $31K | 5x | as long as short |
| Kraken Futures PF_GRIFFAINUSD | +1.4732% | 1h | 0.01552 | +0.456% | $17K | $25K | 10x | as long as short |
Aster GRIFFAINUSDT
Kraken Futures PF_GRIFFAINUSD