GRIFFAIN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0535%/8h= −58.6% APRnext payment −$2.67 per $10,000 · paid last 24h −0.182%

Price spread now: Gate against BloFin−0.101%48s7-day average −0.127% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,398as 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−$1,35713.567% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.410%−$41 on $10k

Price spread, last 4 days (all we have)+0.275%+$28 · spread now −0.101%, 7d avg −0.127%

Together, before fees−0.135%−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.026% dearer against BloFin than usual: you sell high and buy low (spread −0.101% now, against its 7-day average of −0.127%): +$3 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.410% in total) that is about 11 hours. The two prices were read 48 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	0.01577	0.0635	pay 0.0317% / 4h	28m 26s	$280K	$12K	20x
Short	Gate GRIFFAIN_USDT	0.01576	0.0100	get 0.0050% / 4h	28m 26s	$434K	$84K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now −0.101%Rate

Funding earned: −$112.31
Price spread: −0.101% → −0.127%: $2.6
Slippage, 4 orders: −$1,329.71
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,466.42
Costs to cover: 13.567%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; Gate: live order book, 27 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, 6 min ago	5.69 bp	30.6 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 27 min ago	16.54 bp	1006.3 bp −$1,006	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	−25.377%	—	—	—	as long as short
Hyperliquid GRIFFAIN	+0.0100%	1h	0.01575	−0.152%	$1.2M	$100K	3x	as long as short
Bybit GRIFFAINUSDT	+0.0100%	4h	0.01573	−0.247%	$773K	$458K	25x	as long as short
Gate GRIFFAIN_USDTshort	+0.0100%	4h	0.01576	−0.101%	$434K	$84K	10x
KuCoin GRIFFAINUSDTM	+0.0100%	4h	0.01573	−0.279%	$482K	$52K	20x	as long as short
Bitget GRIFFAINUSDT	+0.0248%	4h	0.01568	−0.596%	$377K	$278K	10x	as long as short
Binance GRIFFAINUSDT	+0.0594%	4h	0.01574	−0.221%	$4.2M	$1.8M	20x	as long as short
BingX GRIFFAIN-USDT	+0.0606%	4h	0.01573	−0.279%	—	$6.5M	—	as long as short
MEXC GRIFFAIN_USDT	+0.0610%	4h	0.01574	−0.216%	$293K	$115K	100x	as long as short
BloFin GRIFFAIN-USDTlong	+0.0635%	4h	0.01577	long leg	$280K	$12K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GRIFFAINUSDT	+0.0755%	4h	0.01574	−0.197%	$15K	$20K	5x	as long as short
Kraken Futures PF_GRIFFAINUSD	+1.5643%	1h	0.01582	+0.281%	$18K	$21K	10x	as long as short