GRIFFAIN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0900%/8h= +98.6% APRnext payment +$4.50 per $10,000 · paid last 24h +0.182%

Price spread now: BloFin against KuCoin+0.038%7-day average +0.274% · you sell dearer than you buy

Net, funding: paid 7d − costs−$212as in the Funding arb table

Net, price: spread back to 7d avg − costs−$302as in the Price arb table

costs, in and out, $10k−$2792.789% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.669%+$67 on $10k

Price spread, last 4 days (all we have)−0.540%−$54 · spread now +0.038%, 7d avg +0.274%

Together, before fees+0.128%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.235% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.038% now, against its 7-day average of +0.274%). If the spread goes back, that is −$24 on $10k: about 21 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.669% in total) that is about 2.5 days.

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 12m	$492K	$49K	20x
Short	BloFin GRIFFAIN-USDT	0.01565	0.1000	get 0.0500% / 4h	1h 12m	$279K	$12K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.038%Rate

Funding earned: $189.02
Price spread: +0.038% → +0.274%: −$23.53
Slippage, 4 orders: −$254.93
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$113.45
Costs to cover: 2.789%
Break-even: 11.2 days

Slippage from KuCoin: live order book, 10 min ago; BloFin: live order book, 26 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, 10 min ago	12.75 bp	128.3 bp −$128	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 26 min ago	0.32 bp	17.6 bp −$18	doesn't fit	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	−24.738%	—	—	—	as long as short
Bybit GRIFFAINUSDT	+0.0100%	4h	0.01571	+0.467%	$772K	$445K	25x	as long as short
Gate GRIFFAIN_USDT	+0.0100%	4h	0.01569	+0.307%	$432K	$86K	10x	as long as short
KuCoin GRIFFAINUSDTMlong	+0.0100%	4h	0.01564	long leg	$492K	$49K	20x
Hyperliquid GRIFFAIN	+0.0443%	1h	0.01570	+0.384%	$1.2M	$99K	3x	as long as short
Bitget GRIFFAINUSDT	+0.0556%	4h	0.01567	+0.192%	$380K	$287K	10x	as long as short
Binance GRIFFAINUSDT	+0.0944%	4h	0.01568	+0.274%	$4.2M	$1.8M	20x	as long as short
MEXC GRIFFAIN_USDT	+0.0954%	4h	0.01564	0.000%	$302K	$115K	100x	as long as short
BingX GRIFFAIN-USDT	+0.0960%	4h	0.01571	+0.422%	—	$6.5M	—	as long as short
BloFin GRIFFAIN-USDTshort	+0.1000%	4h	0.01565	+0.038%	$279K	$12K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GRIFFAINUSDT	+0.1112%	4h	0.01563	−0.066%	$15K	$31K	5x	as long as short
Kraken Futures PF_GRIFFAINUSD	+3.9452%	1h	0.01575	+0.685%	$18K	$23K	10x	as long as short