Funding you earn now, next payment 04:00 UTC+0.1239%/8h= +135.7% APRnext payment +$6.19 per $10,000 · paid last 24h +0.187%
Price spread now: Binance against Gate+0.134%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$931as in the Funding arb table
Net, price: spread back to 7d avg − costs−$974as in the Price arb table
costs, in and out, $10k−$9749.738% of the position
Funding, last 7 days+0.424%+$42 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now +0.134%, 7d avg +0.134%
=The price spread sits at its 7-day average of +0.134%, so right now this pair is about funding alone: +$37 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 0.424% in total (about 22.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.19 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 | Gate GRIFFAIN_USDT | 0.01543 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $423K | $81K | 10x |
| Short | Binance GRIFFAINUSDT | 0.01545 | 0.1339 | get 0.0669% / 4h | 2h 54m | $4.2M | $1.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $260.17
- Price spread: +0.134% → +0.134%
- $0.06
- Slippage, 4 orders
- −$948.81
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$713.57
- Costs to cover
- 9.738%
- Break-even
- 26.2 days
Slippage from Gate: live order book, 11 min ago; Binance: live order book, 12 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 Gate live order book, 11 min ago | 15.34 bp | 332.1 bp −$332 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.60 bp | 38.8 bp −$39 | 284.8 bp −$2,848 | 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 | −23.714% | — | — | — | as long as short |
| Hyperliquid GRIFFAIN | +0.0100% | 1h | 0.01547 | +0.240% | $1.2M | $99K | 3x | as long as short |
| Gate GRIFFAIN_USDTlong | +0.0100% | 4h | 0.01543 | long leg | $423K | $81K | 10x | |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01539 | −0.259% | $485K | $49K | 20x | as long as short |
| Bybit GRIFFAINUSDT | +0.0815% | 4h | 0.01546 | +0.220% | $733K | $396K | 25x | as long as short |
| Bitget GRIFFAINUSDT | +0.1066% | 4h | 0.01546 | +0.194% | $363K | $253K | 10x | as long as short |
| Binance GRIFFAINUSDTshort | +0.1339% | 4h | 0.01545 | +0.134% | $4.2M | $1.7M | 20x | |
| BingX GRIFFAIN-USDT | +0.1350% | 4h | 0.01545 | +0.097% | — | $6.6M | — | as long as short |
| MEXC GRIFFAIN_USDT | +0.1356% | 4h | 0.01545 | +0.130% | $302K | $111K | 100x | as long as short |
| BloFin GRIFFAIN-USDT | +0.1378% | 4h | 0.01547 | +0.246% | $276K | $11K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GRIFFAINUSDT | +0.1477% | 4h | 0.01543 | +0.015% | $15K | $31K | 5x | as long as short |
| Kraken Futures PF_GRIFFAINUSD | +1.4737% | 1h | 0.01552 | +0.552% | $17K | $25K | 10x | as long as short |
Gate GRIFFAIN_USDT
Binance GRIFFAINUSDT
Hyperliquid GRIFFAIN
KuCoin GRIFFAINUSDTM
Bybit GRIFFAINUSDT
Bitget GRIFFAINUSDT
BingX GRIFFAIN-USDT
MEXC GRIFFAIN_USDT
BloFin GRIFFAIN-USDT
Aster GRIFFAINUSDT
Kraken Futures PF_GRIFFAINUSD