GRIFFAIN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.179%

Price spread now: BingX against Gate−0.058%7-day average +0.121% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,308as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,370as in the Price arb table

costs, in and out, $10k−$1,35213.523% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.447%+$45 on $10k

Price spread, last 4 days (all we have)+0.244%+$24 · spread now −0.058%, 7d avg +0.121%

Together, before fees+0.691%+$69 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.178% cheaper against Gate than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.121%). If the spread goes back, that is −$18 on $10k: about 11 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.447% in total) that is about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GRIFFAIN_USDT	0.01562	0.0100	pay 0.0050% / 4h	2h 43m	$430K	$86K	10x
Short	BingX GRIFFAIN-USDT	0.01561	0.0156	get 0.0078% / 4h	2h 43m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now −0.058%Rate

Funding earned: $11.76
Price spread: −0.058% → +0.121%: −$17.84
Slippage, 4 orders: −$1,327.32
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$1,358.41
Costs to cover: 13.523%
Break-even: 815.6 days

Slippage from Gate: live order book, 3 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 Gate live order book, 3 min ago	10.23 bp	281.9 bp −$282	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	4.48 bp	32.9 bp −$33	249.3 bp −$2,493	600.6 bp −$60.1K	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	−24.626%	—	—	—	as long as short
Hyperliquid GRIFFAIN	+0.0100%	1h	0.01563	+0.051%	$1.2M	$103K	3x	as long as short
Bybit GRIFFAINUSDT	+0.0100%	4h	0.01560	−0.102%	$756K	$482K	25x	as long as short
Gate GRIFFAIN_USDTlong	+0.0100%	4h	0.01562	long leg	$430K	$86K	10x
KuCoin GRIFFAINUSDTM	+0.0100%	4h	0.01555	−0.429%	$475K	$44K	20x	as long as short
Bitget GRIFFAINUSDT	+0.0100%	4h	0.01561	−0.045%	$373K	$284K	10x	as long as short
Binance GRIFFAINUSDT	+0.0142%	4h	0.01560	−0.109%	$4.2M	$1.8M	20x	as long as short
MEXC GRIFFAIN_USDT	+0.0148%	4h	0.01560	−0.109%	$275K	$115K	100x	as long as short
BloFin GRIFFAIN-USDT	+0.0154%	4h	0.01561	−0.051%	$274K	$12K	20x	as long as short
BingX GRIFFAIN-USDTshort	+0.0156%	4h	0.01561	−0.058%	—	$6.5M	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GRIFFAINUSDT	+0.0331%	4h	0.01559	−0.152%	$15K	$19K	5x	as long as short
Kraken Futures PF_GRIFFAINUSD	+0.6405%	1h	0.01564	+0.143%	$18K	$20K	10x	as long as short