Funding you earn now, next payment 04:00 UTC+0.1017%/8h= +111.4% APRnext payment +$5.08 per $10,000 · paid last 24h +0.187%
Price spread now: Binance against Bybit+0.019%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1811.808% of the position
Funding, last 7 days+0.683%+$68 on $10k
+Price spread, last 7 days−0.005%−$1 · spread now +0.019%, 7d avg +0.030%
=The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$31 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.683% in total (about 35.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GRIFFAINUSDT | 0.01541 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $740K | $405K | 25x |
| Short | Binance GRIFFAINUSDT | 0.01542 | 0.1117 | get 0.0558% / 4h | 2h 06m | $4.1M | $1.7M | 20x |
Bybit GRIFFAINUSDT
Binance GRIFFAINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $213.56
- Price spread: +0.019% → +0.030%
- −$1.07
- Slippage, 4 orders
- −$159.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $31.72
- Costs to cover
- 1.808%
- Break-even
- 6.0 days
Slippage from Bybit: live order book, 58 min ago; Binance: live order book, 15 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 Bybit live order book, 58 min ago | 5.74 bp | 70.0 bp −$70 | 1665.5 bp −$16.7K | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 3.89 bp | 41.4 bp −$41 | 340.9 bp −$3,409 | doesn't fit | 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 | −23.631% | — | — | — | as long as short |
| Hyperliquid GRIFFAIN | +0.0100% | 1h | 0.01541 | −0.019% | $1.2M | $99K | 3x | as long as short |
| Bybit GRIFFAINUSDTlong | +0.0100% | 4h | 0.01541 | long leg | $740K | $405K | 25x | |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01541 | −0.045% | $424K | $84K | 10x | as long as short |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01534 | −0.474% | $487K | $49K | 20x | as long as short |
| Bitget GRIFFAINUSDT | +0.0782% | 4h | 0.01539 | −0.149% | $382K | $270K | 10x | as long as short |
| BingX GRIFFAIN-USDT | +0.1080% | 4h | 0.01541 | 0.000% | — | $6.6M | — | as long as short |
| Binance GRIFFAINUSDTshort | +0.1117% | 4h | 0.01542 | +0.019% | $4.1M | $1.7M | 20x | |
| MEXC GRIFFAIN_USDT | +0.1120% | 4h | 0.01541 | −0.019% | $293K | $114K | 100x | as long as short |
| Aster GRIFFAINUSDT | +0.1241% | 4h | 0.01536 | −0.331% | $15K | $31K | 5x | as long as short |
Reya GRIFFAINRUSDPERP
Hyperliquid GRIFFAIN
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
Bitget GRIFFAINUSDT
BingX GRIFFAIN-USDT
MEXC GRIFFAIN_USDT
Aster GRIFFAINUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GRIFFAINUSD | +1.4795% | 1h | 0.01545 | +0.270% | $17K | $24K | 10x | as long as short |
Kraken Futures PF_GRIFFAINUSD