GRIFFAIN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0476%/8h= +52.1% APRnext payment +$2.38 per $10,000 · paid last 24h +0.224%

Price spread now: Bitget against KuCoin+0.128%7-day average +0.187% · you sell dearer than you buy

Net, funding: paid 7d − costs−$303as in the Funding arb table

Net, price: spread back to 7d avg − costs−$345as in the Price arb table

costs, in and out, $10k−$3393.387% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.353%+$35 on $10k

Price spread, last 4 days (all we have)+0.247%+$25 · spread now +0.128%, 7d avg +0.187%

Together, before fees+0.600%+$60 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.059% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.128% now, against its 7-day average of +0.187%). If the spread goes back, that is −$6 on $10k: about 10 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.353% in total) that is about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRIFFAINUSDTM	0.01564	0.0100	pay 0.0050% / 4h	1h 15m	$492K	$49K	20x
Short	Bitget GRIFFAINUSDT	0.01566	0.0576	get 0.0288% / 4h	1h 15m	$378K	$286K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.128%Rate

Funding earned: $99.96
Price spread: +0.128% → +0.187%: −$5.92
Slippage, 4 orders: −$314.67
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$244.63
Costs to cover: 3.387%
Break-even: 24.1 days

Slippage from KuCoin: live order book, 8 min ago; Bitget: live order book, 40 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 KuCoin live order book, 8 min ago	12.75 bp	128.3 bp −$128	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 40 min ago	12.80 bp	60.7 bp −$61	824.9 bp −$8,249	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	−24.737%	—	—	—	as long as short
Bybit GRIFFAINUSDT	+0.0100%	4h	0.01565	+0.051%	$769K	$444K	25x	as long as short
Gate GRIFFAIN_USDT	+0.0100%	4h	0.01564	−0.026%	$430K	$86K	10x	as long as short
KuCoin GRIFFAINUSDTMlong	+0.0100%	4h	0.01564	long leg	$492K	$49K	20x
Hyperliquid GRIFFAIN	+0.0473%	1h	0.01567	+0.198%	$1.2M	$100K	3x	as long as short
Bitget GRIFFAINUSDTshort	+0.0576%	4h	0.01566	+0.128%	$378K	$286K	10x
BloFin GRIFFAIN-USDT	+0.0927%	4h	0.01566	+0.134%	$279K	$12K	20x	as long as short
Binance GRIFFAINUSDT	+0.0956%	4h	0.01563	−0.089%	$4.2M	$1.8M	20x	as long as short
MEXC GRIFFAIN_USDT	+0.0974%	4h	0.01564	0.000%	$302K	$115K	100x	as long as short
BingX GRIFFAIN-USDT	+0.0982%	4h	0.01568	+0.237%	—	$6.6M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GRIFFAINUSDT	+0.1129%	4h	0.01565	+0.065%	$15K	$31K	5x	as long as short
Kraken Futures PF_GRIFFAINUSD	+3.9390%	1h	0.01577	+0.843%	$18K	$23K	10x	as long as short