Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against BloFin−0.028%71s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as 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−$1431.430% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 3 days (all we have)+0.067%+$7 · spread now −0.028%, 7d avg −0.001%
=Funding pays, the price is against you. Binance is 0.027% cheaper against BloFin than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of −0.001%). If the spread goes back, that is −$3 on $10k: about 3.4 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.014% in total) that is about 14 days. The two prices were read 71 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 | BloFin GRIFFAIN-USDT | 0.01551 | 0.1287 | pay 0.0643% / 4h | 2h 50m | $277K | $11K | 20x |
| Short | Binance GRIFFAINUSDT | 0.01551 | 0.1313 | get 0.0657% / 4h | 2h 50m | $4.2M | $1.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $5.6
- Price spread: −0.028% → −0.001%
- −$2.69
- Slippage, 4 orders
- −$121.01
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$140.1
- Costs to cover
- 1.430%
- Break-even
- 182.2 days
Slippage from BloFin: live order book, 11 min ago; Binance: live order book, 2 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 BloFin live order book, 11 min ago | 4.82 bp | 33.0 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 4.20 bp | 40.6 bp −$41 | 353.5 bp −$3,535 | 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 | −24.128% | — | — | — | as long as short |
| Hyperliquid GRIFFAIN | +0.0100% | 1h | 0.01551 | −0.045% | $1.2M | $99K | 3x | as long as short |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01550 | −0.097% | $425K | $81K | 10x | as long as short |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01542 | −0.606% | $486K | $49K | 20x | as long as short |
| Bybit GRIFFAINUSDT | +0.0578% | 4h | 0.01552 | +0.039% | $737K | $397K | 25x | as long as short |
| Bitget GRIFFAINUSDT | +0.1052% | 4h | 0.01549 | −0.155% | $364K | $253K | 10x | as long as short |
| BingX GRIFFAIN-USDT | +0.1272% | 4h | 0.01552 | +0.019% | — | $6.6M | — | as long as short |
| BloFin GRIFFAIN-USDTlong | +0.1287% | 4h | 0.01551 | long leg | $277K | $11K | 20x | |
| MEXC GRIFFAIN_USDT | +0.1310% | 4h | 0.01551 | −0.026% | $303K | $111K | 100x | as long as short |
| Binance GRIFFAINUSDTshort | +0.1313% | 4h | 0.01551 | −0.028% | $4.2M | $1.7M | 20x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GRIFFAINUSDT | +0.1449% | 4h | 0.01547 | −0.281% | $15K | $31K | 5x | as long as short |
| Kraken Futures PF_GRIFFAINUSD | +1.4624% | 1h | 0.01564 | +0.786% | $18K | $25K | 10x | as long as short |
BloFin GRIFFAIN-USDT
Binance GRIFFAINUSDT
Hyperliquid GRIFFAIN
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
Bybit GRIFFAINUSDT
Bitget GRIFFAINUSDT
BingX GRIFFAIN-USDT
MEXC GRIFFAIN_USDT
Aster GRIFFAINUSDT
Kraken Futures PF_GRIFFAINUSD