Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.177%
Price spread now: Bybit against Bitget−0.051%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2222.216% of the position
Funding, last 7 days−0.356%−$36 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.051%, 7d avg +0.063%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.114% cheaper against Bitget than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.063%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GRIFFAINUSDT | 0.01569 | 0.0122 | pay 0.0061% / 4h | 3h 33m | $377K | $275K | 10x |
| Short | Bybit GRIFFAINUSDT | 0.01568 | 0.0100 | get 0.0050% / 4h | 3h 33m | $773K | $455K | 25x |
Bitget GRIFFAINUSDT
Bybit GRIFFAINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$4.62
- Price spread: −0.051% → +0.063%
- −$11.42
- Slippage, 4 orders
- −$198.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$237.67
- Costs to cover
- 2.216%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 12 min ago; Bybit: 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 Bitget live order book, 12 min ago | 9.47 bp | 44.8 bp −$45 | 750.9 bp −$7,509 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 16 min ago | 5.05 bp | 68.6 bp −$69 | 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 | −24.974% | — | — | — | as long as short |
| Hyperliquid GRIFFAIN | +0.0100% | 1h | 0.01571 | +0.115% | $1.2M | $100K | 3x | as long as short |
| Bybit GRIFFAINUSDTshort | +0.0100% | 4h | 0.01568 | −0.051% | $773K | $455K | 25x | |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01571 | +0.134% | $433K | $84K | 10x | as long as short |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01569 | 0.000% | $483K | $44K | 20x | as long as short |
| Bitget GRIFFAINUSDTlong | +0.0122% | 4h | 0.01569 | long leg | $377K | $275K | 10x | |
| BloFin GRIFFAIN-USDT | +0.0357% | 4h | 0.01576 | +0.433% | $277K | $12K | 20x | as long as short |
| Binance GRIFFAINUSDT | +0.0384% | 4h | 0.01570 | +0.057% | $4.2M | $1.8M | 20x | as long as short |
| MEXC GRIFFAIN_USDT | +0.0396% | 4h | 0.01571 | +0.127% | $285K | $116K | 100x | as long as short |
| BingX GRIFFAIN-USDT | +0.0412% | 4h | 0.01569 | +0.013% | — | $6.5M | — | as long as short |
Reya GRIFFAINRUSDPERP
Hyperliquid GRIFFAIN
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
BloFin GRIFFAIN-USDT
Binance GRIFFAINUSDT
MEXC GRIFFAIN_USDT
BingX GRIFFAIN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GRIFFAINUSDT | +0.0577% | 4h | 0.01571 | +0.124% | $15K | $19K | 5x | as long as short |
| Kraken Futures PF_GRIFFAINUSD | +0.5449% | 1h | 0.01576 | +0.422% | $18K | $21K | 10x | as long as short |
Aster GRIFFAINUSDT
Kraken Futures PF_GRIFFAINUSD