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

GRIFFAIN

all GRIFFAIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.7604%/8h= −832.7% APRnext payment $9.51 per $10,000 · paid last 24h −1.811%
Price spread now: Hyperliquid against Kraken Futures+0.477%50s7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. Hyperliquid is 0.477% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.477% now, against zero (this spread has no 7-day history yet)): +$48 on $10k if it goes back. Holding the pair costs −$228 a day in funding at the current rate, which eats that in about 5 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GRIFFAINUSD0.015380.8074pay 0.1009% / 1h52m 26s$17K$29K10x
ShortHyperliquid GRIFFAIN0.015450.0469get 0.0059% / 1h52m 26s$1.2M$93K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
−$1,596.86
Price spread: +0.477% → 0.000%
$47.73
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$1,568.13
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 8 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 Hyperliquid live order book, 8 min ago6.44 bp44.9 bp −$45doesn't fitdoesn'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%1h0.01177−23.443%as long as short
Bybit GRIFFAINUSDT+0.0100%4h0.01541+0.204%$718K$411K25xas long as short
Gate GRIFFAIN_USDT+0.0100%4h0.01543+0.354%$425K$80K10xas long as short
KuCoin GRIFFAINUSDTM+0.0100%4h0.01543+0.354%$478K$49K20xas long as short
Aster GRIFFAINUSDT+0.0465%4h0.01542+0.292%$15K$35K5xas long as short
Hyperliquid GRIFFAINshort+0.0469%1h0.01545+0.477%$1.2M$93K3x
BloFin GRIFFAIN-USDT+0.0544%4h0.01549+0.731%$273K$12K20xas long as short
Binance GRIFFAINUSDT+0.0548%4h0.01541+0.191%$4.1M$1.7M20xas long as short
MEXC GRIFFAIN_USDT+0.0568%4h0.01541+0.224%$320K$110K100xas long as short
BingX GRIFFAIN-USDT+0.0780%4h0.01541+0.256%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GRIFFAINUSDT+0.0808%4h0.01540+0.159%$364K$246K10xas long as short
Kraken Futures PF_GRIFFAINUSDlong+0.8074%1h0.01538long leg$17K$29K10x