GRIFFAIN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0055%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.039%

Price spread now: BloFin against Bitget+0.052%95s7-day average +0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1301.301% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.315%+$32 on $10k

Price spread, last 3 days (all we have)−0.053%−$5 · spread now +0.052%, 7d avg +0.097%

Together, before fees+0.262%+$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.045% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.097%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.315%, so the current rate has only just turned against you. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GRIFFAINUSDT	0.01541	0.0854	pay 0.0427% / 4h	27m 43s	$359K	$253K	10x
Short	BloFin GRIFFAIN-USDT	0.01542	0.0799	get 0.0399% / 4h	27m 43s	$274K	$12K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BloFinbpOrdersPrice spread, now +0.052%Rate

Funding earned: −$11.65
Price spread: +0.052% → +0.097%: −$4.52
Slippage, 4 orders: −$106.12
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$146.3
Costs to cover: 1.301%
Break-even: never at this rate

Slippage from Bitget: live order book, 43 min ago; BloFin: live order book, 44 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, 43 min ago	12.98 bp	44.4 bp −$44	680.3 bp −$6,803	doesn't fit	doesn't fit
Sell BloFin live order book, 44 min ago	4.21 bp	31.0 bp −$31	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	−23.616%	—	—	—	as long as short
Bybit GRIFFAINUSDT	+0.0100%	4h	0.01542	+0.045%	$727K	$427K	25x	as long as short
Gate GRIFFAIN_USDT	+0.0100%	4h	0.01540	−0.039%	$423K	$80K	10x	as long as short
KuCoin GRIFFAINUSDTM	+0.0100%	4h	0.01539	−0.130%	$485K	$50K	20x	as long as short
Hyperliquid GRIFFAIN	+0.0578%	1h	0.01544	+0.201%	$1.2M	$99K	3x	as long as short
BloFin GRIFFAIN-USDTshort	+0.0799%	4h	0.01542	+0.052%	$274K	$12K	20x
BingX GRIFFAIN-USDT	+0.0822%	4h	0.01541	−0.026%	—	$6.5M	—	as long as short
MEXC GRIFFAIN_USDT	+0.0832%	4h	0.01539	−0.130%	$303K	$114K	100x	as long as short
Binance GRIFFAINUSDT	+0.0834%	4h	0.01540	−0.059%	$4.1M	$1.7M	20x	as long as short
Bitget GRIFFAINUSDTlong	+0.0854%	4h	0.01541	long leg	$359K	$253K	10x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GRIFFAINUSDT	+0.0897%	4h	0.01539	−0.123%	$15K	$35K	5x	as long as short
Kraken Futures PF_GRIFFAINUSD	+1.5770%	1h	0.01541	+0.011%	$17K	$28K	10x	as long as short