Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against MEXC−0.089%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1251.250% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.089%, 7d avg +0.040%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.128% cheaper against MEXC than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.040%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GRIFFAIN_USDT | 0.01564 | 0.0974 | pay 0.0487% / 4h | 1h 15m | $302K | $115K | 100x |
| Short | Binance GRIFFAINUSDT | 0.01563 | 0.0956 | get 0.0478% / 4h | 1h 15m | $4.2M | $1.8M | 20x |
MEXC GRIFFAIN_USDT
Binance GRIFFAINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.81
- Price spread: −0.089% → +0.040%
- −$12.83
- Slippage, 4 orders
- −$110.99
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$141.64
- Costs to cover
- 1.250%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 30 min ago; Binance: live order book, 7 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 MEXC live order book, 30 min ago | 6.42 bp | 17.1 bp −$17 | 79.5 bp −$795 | 524.0 bp −$52.4K | doesn't fit |
| Sell Binance live order book, 7 min ago | 8.26 bp | 44.1 bp −$44 | 373.5 bp −$3,735 | 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 GRIFFAINUSDTM | +0.0100% | 4h | 0.01564 | 0.000% | $492K | $49K | 20x | as long as short |
| Hyperliquid GRIFFAIN | +0.0473% | 1h | 0.01567 | +0.198% | $1.2M | $100K | 3x | as long as short |
| Bitget GRIFFAINUSDT | +0.0576% | 4h | 0.01566 | +0.128% | $378K | $286K | 10x | as long as short |
| BloFin GRIFFAIN-USDT | +0.0927% | 4h | 0.01566 | +0.134% | $279K | $12K | 20x | as long as short |
| Binance GRIFFAINUSDTshort | +0.0956% | 4h | 0.01563 | −0.089% | $4.2M | $1.8M | 20x | |
| MEXC GRIFFAIN_USDTlong | +0.0974% | 4h | 0.01564 | long leg | $302K | $115K | 100x | |
| BingX GRIFFAIN-USDT | +0.0982% | 4h | 0.01568 | +0.237% | — | $6.6M | — | as long as short |
Reya GRIFFAINRUSDPERP
Bybit GRIFFAINUSDT
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
Hyperliquid GRIFFAIN
Bitget GRIFFAINUSDT
BloFin GRIFFAIN-USDT
BingX GRIFFAIN-USDTShow 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 |
Aster GRIFFAINUSDT
Kraken Futures PF_GRIFFAINUSD