Funding you earn now, next payment 04:00 UTC+0.0342%/8h= +37.4% APRnext payment +$1.71 per $10,000 · paid last 24h −0.036%
Price spread now: MEXC against Bitget−0.065%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1331.330% of the position
Funding, last 7 days+0.328%+$33 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.065%, 7d avg +0.048%
=Funding pays, the price is against you. MEXC is 0.113% cheaper against Bitget than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of +0.048%). If the spread goes back, that is −$11 on $10k: about 26 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.328% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GRIFFAINUSDT | 0.01539 | 0.0774 | pay 0.0387% / 4h | 2h 05m | $382K | $270K | 10x |
| Short | MEXC GRIFFAIN_USDT | 0.01538 | 0.1116 | get 0.0558% / 4h | 2h 05m | $292K | $114K | 100x |
Bitget GRIFFAINUSDT
MEXC GRIFFAIN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $71.82
- Price spread: −0.065% → +0.048%
- −$11.26
- Slippage, 4 orders
- −$116.99
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$72.44
- Costs to cover
- 1.330%
- Break-even
- 14.1 days
Slippage from Bitget: live order book, 55 min ago; MEXC: live order book, 45 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, 55 min ago | 9.67 bp | 51.8 bp −$52 | 711.5 bp −$7,115 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 45 min ago | 6.45 bp | 16.3 bp −$16 | 82.4 bp −$824 | 421.3 bp −$42.1K | 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 | −23.517% | — | — | — | as long as short |
| Hyperliquid GRIFFAIN | +0.0100% | 1h | 0.01540 | +0.084% | $1.2M | $99K | 3x | as long as short |
| Bybit GRIFFAINUSDT | +0.0100% | 4h | 0.01541 | +0.097% | $740K | $405K | 25x | as long as short |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01540 | +0.032% | $424K | $84K | 10x | as long as short |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01531 | −0.520% | $486K | $49K | 20x | as long as short |
| Bitget GRIFFAINUSDTlong | +0.0774% | 4h | 0.01539 | long leg | $382K | $270K | 10x | |
| BingX GRIFFAIN-USDT | +0.1080% | 4h | 0.01545 | +0.416% | — | $6.6M | — | as long as short |
| MEXC GRIFFAIN_USDTshort | +0.1116% | 4h | 0.01538 | −0.065% | $292K | $114K | 100x | |
| Binance GRIFFAINUSDT | +0.1117% | 4h | 0.01539 | +0.016% | $4.1M | $1.7M | 20x | as long as short |
| Aster GRIFFAINUSDT | +0.1244% | 4h | 0.01536 | −0.218% | $15K | $31K | 5x | as long as short |
Reya GRIFFAINRUSDPERP
Hyperliquid GRIFFAIN
Bybit GRIFFAINUSDT
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
BingX GRIFFAIN-USDT
Binance GRIFFAINUSDT
Aster GRIFFAINUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GRIFFAINUSD | +1.4864% | 1h | 0.01538 | −0.043% | $17K | $24K | 10x | as long as short |
Kraken Futures PF_GRIFFAINUSD