Funding you earn now, next payment 04:00 UTC+0.0702%/8h= +76.9% APRnext payment +$3.51 per $10,000 · paid last 24h +0.224%
Price spread now: Bitget against Bybit−0.143%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2032.028% of the position
Funding, last 7 days+0.353%+$35 on $10k
+Price spread, last 4 days (all we have)+0.198%+$20 · spread now −0.143%, 7d avg −0.061%
=Funding pays, the price is against you. Bitget is 0.082% cheaper against Bybit than usual: you would sell low and buy high (spread −0.143% now, against its 7-day average of −0.061%). If the spread goes back, that is −$8 on $10k: about 9 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.353% in total) that is about 39 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.353% in total (about 18.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.51 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 | 0.01534 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $733K | $403K | 25x |
| Short | Bitget GRIFFAINUSDT | 0.01532 | 0.0802 | get 0.0401% / 4h | 2h 08m | $381K | $270K | 10x |
Bybit GRIFFAINUSDT
Bitget GRIFFAINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $147.42
- Price spread: −0.143% → −0.061%
- −$8.22
- Slippage, 4 orders
- −$179.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$63.58
- Costs to cover
- 2.028%
- Break-even
- 10.0 days
Slippage from Bybit: live order book, 56 min ago; Bitget: live order book, 52 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, 56 min ago | 5.74 bp | 70.0 bp −$70 | 1665.5 bp −$16.7K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 52 min ago | 9.67 bp | 48.6 bp −$49 | 784.2 bp −$7,842 | 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 | −23.277% | — | — | — | as long as short |
| Hyperliquid GRIFFAIN | +0.0100% | 1h | 0.01534 | −0.013% | $1.2M | $99K | 3x | as long as short |
| Bybit GRIFFAINUSDTlong | +0.0100% | 4h | 0.01534 | long leg | $733K | $403K | 25x | |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01533 | −0.091% | $422K | $84K | 10x | as long as short |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01531 | −0.209% | $482K | $48K | 20x | as long as short |
| Bitget GRIFFAINUSDTshort | +0.0802% | 4h | 0.01532 | −0.143% | $381K | $270K | 10x | |
| BingX GRIFFAIN-USDT | +0.1060% | 4h | 0.01533 | −0.078% | — | $6.5M | — | as long as short |
| MEXC GRIFFAIN_USDT | +0.1136% | 4h | 0.01533 | −0.078% | $291K | $114K | 100x | as long as short |
| Binance GRIFFAINUSDT | +0.1137% | 4h | 0.01534 | −0.042% | $4.1M | $1.7M | 20x | as long as short |
| Aster GRIFFAINUSDT | +0.1272% | 4h | 0.01533 | −0.072% | $15K | $31K | 5x | as long as short |
Reya GRIFFAINRUSDPERP
Hyperliquid GRIFFAIN
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
BingX GRIFFAIN-USDT
MEXC 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 | +1.4800% | 1h | 0.01545 | +0.699% | $17K | $24K | 10x | as long as short |
Kraken Futures PF_GRIFFAINUSD