GRIFFAIN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+1.5192%/8h= +1663.5% APRnext payment +$18.99 per $10,000 · paid last 24h +1.868%

Price spread now: Kraken Futures against Hyperliquid−0.190%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. Kraken Futures is 0.190% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.190% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about under an hour of funding at the current rate (+$456 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid GRIFFAIN	0.01544	0.0578	pay 0.0072% / 1h	27m 28s	$1.2M	$99K	3x
Short	Kraken Futures PF_GRIFFAINUSD	0.01541	1.5770	get 0.1971% / 1h	27m 28s	$17K	$28K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Hyperliquid. 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 HyperliquidbpFee Kraken FuturesbpOrdersPrice spread, now −0.190%Rate

Funding earned: $3,190.35
Price spread: −0.190% → 0.000%: −$18.96
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $3,152.38
Costs to cover: 0.190%
Break-even: 0.1 days

Slippage unknown: Hyperliquid: live order book, 3 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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 Hyperliquid live order book, 3 min ago	8.74 bp	41.8 bp −$42	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−23.770%	—	—	—	as long as short
Bybit GRIFFAINUSDT	+0.0100%	4h	0.01542	−0.162%	$726K	$427K	25x	as long as short
Gate GRIFFAIN_USDT	+0.0100%	4h	0.01540	−0.240%	$423K	$80K	10x	as long as short
KuCoin GRIFFAINUSDTM	+0.0100%	4h	0.01539	−0.330%	$485K	$50K	20x	as long as short
Hyperliquid GRIFFAINlong	+0.0578%	1h	0.01544	long leg	$1.2M	$99K	3x
BloFin GRIFFAIN-USDT	+0.0799%	4h	0.01542	−0.149%	$274K	$12K	20x	as long as short
BingX GRIFFAIN-USDT	+0.0822%	4h	0.01542	−0.162%	—	$6.5M	—	as long as short
MEXC GRIFFAIN_USDT	+0.0832%	4h	0.01539	−0.330%	$303K	$114K	100x	as long as short
Binance GRIFFAINUSDT	+0.0834%	4h	0.01540	−0.258%	$4.1M	$1.7M	20x	as long as short
Bitget GRIFFAINUSDT	+0.0854%	4h	0.01541	−0.201%	$359K	$253K	10x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GRIFFAINUSDT	+0.0897%	4h	0.01539	−0.324%	$15K	$35K	5x	as long as short
Kraken Futures PF_GRIFFAINUSDshort	+1.5770%	1h	0.01541	−0.190%	$17K	$28K	10x