Settings8H · net · $10k
Funding arb · Price arb /

GRIFFAIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−1.7956%/8h= −1966.2% APRpaid last 24h −1.855%
Price spread now: Bitget against Kraken Futures−0.104%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$539 a day on $10k at the current rate, and Bitget is 0.104% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GRIFFAINUSD0.015491.8956pay 0.2370% / 1h38m 54s$17K$26K10x
ShortBitget GRIFFAINUSDT0.015470.1000get 0.0500% / 4h3h 38m$365K$252K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Kraken Futures. 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

Funding earned
−$3,770.79
Price spread: −0.104% → 0.000%
−$10.43
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$3,803.22
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 26 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Bitget live order book, 26 min ago9.75 bp64.8 bp −$65760.7 bp −$7,607doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya GRIFFAINRUSDPERP0.0000%1h0.01177−23.993%as long as short
Bybit GRIFFAINUSDT+0.0100%4h0.01552+0.225%$733K$401K25xas long as short
Gate GRIFFAIN_USDT+0.0100%4h0.01546−0.169%$424K$81K10xas long as short
KuCoin GRIFFAINUSDTM+0.0100%4h0.01545−0.233%$487K$49K20xas long as short
Hyperliquid GRIFFAIN+0.0182%1h0.01550+0.122%$1.2M$97K3xas long as short
Bitget GRIFFAINUSDTshort+0.1000%4h0.01547−0.104%$365K$252K10x
BingX GRIFFAIN-USDT+0.1052%4h0.01551+0.128%$6.6Mas long as short
BloFin GRIFFAIN-USDT+0.1071%4h0.01551+0.128%$274K$11K20xas long as short
MEXC GRIFFAIN_USDT+0.1114%4h0.01550+0.089%$305K$112K100xas long as short
Binance GRIFFAINUSDT+0.1117%4h0.01550+0.115%$4.2M$1.7M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GRIFFAINUSDT+0.1269%4h0.01545−0.201%$15K$31K5xas long as short
Kraken Futures PF_GRIFFAINUSDlong+1.8956%1h0.01549long leg$17K$26K10x