GRIFFAIN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0908%/8h= +99.4% APRnext payment +$4.54 per $10,000 · paid last 24h +0.224%

Price spread now: Bitget against Gate+0.116%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$970as in the Funding arb table

Net, price: spread back to 7d avg − costs−$972as in the Price arb table

costs, in and out, $10k−$9799.792% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.116%, 7d avg +0.045%

Together, before fees+0.152%+$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Bitget is 0.072% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.045%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.094% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.54 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	0.01545	0.0100	pay 0.0050% / 4h	3h 44m	$424K	$81K	10x
Short	Bitget GRIFFAINUSDT	0.01547	0.1008	get 0.0504% / 4h	3h 44m	$365K	$252K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.116%Rate

Funding earned: $190.68
Price spread: +0.116% → +0.045%: $7.15
Slippage, 4 orders: −$952.22
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$781.39
Costs to cover: 9.792%
Break-even: 35.7 days

Slippage from Gate: live order book, 26 min ago; Bitget: live order book, 21 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, 26 min ago	8.42 bp	318.4 bp −$318	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 21 min ago	9.75 bp	64.8 bp −$65	760.7 bp −$7,607	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	−23.824%	—	—	—	as long as short
Bybit GRIFFAINUSDT	+0.0100%	4h	0.01549	+0.252%	$730K	$400K	25x	as long as short
Gate GRIFFAIN_USDTlong	+0.0100%	4h	0.01545	long leg	$424K	$81K	10x
KuCoin GRIFFAINUSDTM	+0.0100%	4h	0.01541	−0.272%	$486K	$49K	20x	as long as short
Hyperliquid GRIFFAIN	+0.0365%	1h	0.01547	+0.142%	$1.2M	$97K	3x	as long as short
Bitget GRIFFAINUSDTshort	+0.1008%	4h	0.01547	+0.116%	$365K	$252K	10x
BingX GRIFFAIN-USDT	+0.1026%	4h	0.01547	+0.104%	—	$6.6M	—	as long as short
MEXC GRIFFAIN_USDT	+0.1098%	4h	0.01545	−0.013%	$304K	$112K	100x	as long as short
Binance GRIFFAINUSDT	+0.1107%	4h	0.01546	+0.081%	$4.1M	$1.7M	20x	as long as short
BloFin GRIFFAIN-USDT	+0.1132%	4h	0.01546	+0.071%	$271K	$10K	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	+0.1243%	4h	0.01545	+0.019%	$15K	$31K	5x	as long as short
Kraken Futures PF_GRIFFAINUSD	+1.8828%	1h	0.01559	+0.903%	$17K	$26K	10x	as long as short