Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.0% APRnext payment −$0.05 per $10,000 · paid last 24h +0.034%
Price spread now: BingX against BloFin+0.052%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1421.421% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 3 days (all we have)−0.025%−$3 · spread now +0.052%, 7d avg −0.010%
=The price spread pays, funding is against you. BingX is 0.062% dearer against BloFin than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of −0.010%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 22 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRIFFAIN-USDT | 0.01551 | 0.1282 | pay 0.0641% / 4h | 2h 48m | $276K | $11K | 20x |
| Short | BingX GRIFFAIN-USDT | 0.01552 | 0.1272 | get 0.0636% / 4h | 2h 48m | — | $6.6M | — |
BloFin GRIFFAIN-USDT
BingX GRIFFAIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$2.01
- Price spread: +0.052% → −0.010%
- $6.19
- Slippage, 4 orders
- −$120.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$137.89
- Costs to cover
- 1.421%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 12 min ago; BingX: live order book, 3 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, 12 min ago | 4.82 bp | 33.0 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 7.74 bp | 37.6 bp −$38 | 224.7 bp −$2,247 | 598.7 bp −$59.9K | 970.1 bp −$485.0K |
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 | −24.127% | — | — | — | as long as short |
| Hyperliquid GRIFFAIN | +0.0100% | 1h | 0.01551 | −0.026% | $1.2M | $99K | 3x | as long as short |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01550 | −0.064% | $425K | $81K | 10x | as long as short |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01543 | −0.541% | $486K | $49K | 20x | as long as short |
| Bybit GRIFFAINUSDT | +0.0610% | 4h | 0.01552 | +0.039% | $737K | $397K | 25x | as long as short |
| Bitget GRIFFAINUSDT | +0.1056% | 4h | 0.01549 | −0.155% | $364K | $253K | 10x | as long as short |
| BingX GRIFFAIN-USDTshort | +0.1272% | 4h | 0.01552 | +0.052% | — | $6.6M | — | |
| BloFin GRIFFAIN-USDTlong | +0.1282% | 4h | 0.01551 | long leg | $276K | $11K | 20x | |
| MEXC GRIFFAIN_USDT | +0.1312% | 4h | 0.01550 | −0.090% | $303K | $111K | 100x | as long as short |
| Binance GRIFFAINUSDT | +0.1313% | 4h | 0.01551 | −0.039% | $4.2M | $1.7M | 20x | as long as short |
Reya GRIFFAINRUSDPERP
Hyperliquid GRIFFAIN
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
Bybit GRIFFAINUSDT
Bitget GRIFFAINUSDT
MEXC GRIFFAIN_USDT
Binance GRIFFAINUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GRIFFAINUSDT | +0.1449% | 4h | 0.01547 | −0.266% | $15K | $31K | 5x | as long as short |
| Kraken Futures PF_GRIFFAINUSD | +1.4628% | 1h | 0.01563 | +0.758% | $18K | $25K | 10x | as long as short |
Aster GRIFFAINUSDT
Kraken Futures PF_GRIFFAINUSD