GRIFFAIN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0164%/8h= +18.0% APRnext payment +$0.82 per $10,000 · paid last 24h +0.036%

Price spread now: Bitget against MEXC+0.065%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$1081.079% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.327%−$33 on $10k

Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.065%, 7d avg −0.045%

Together, before fees−0.268%−$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bitget is 0.110% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.045%. Mind the row above: over the last 7 days funding on this pair cost −0.327%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GRIFFAIN_USDT	0.01542	0.0512	pay 0.0256% / 4h	1h 11m	$312K	$114K	100x
Short	Bitget GRIFFAINUSDT	0.01543	0.0676	get 0.0338% / 4h	1h 11m	$359K	$254K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now +0.065%Rate

Funding earned: $34.44
Price spread: +0.065% → −0.045%: $11.03
Slippage, 4 orders: −$91.93
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$62.47
Costs to cover: 1.079%
Break-even: 19.7 days

Slippage from MEXC: live order book, 62 min ago; Bitget: live order book, 64 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, 62 min ago	6.55 bp	18.1 bp −$18	83.2 bp −$832	565.2 bp −$56.5K	doesn't fit
Sell Bitget live order book, 64 min ago	9.80 bp	37.2 bp −$37	597.8 bp −$5,978	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	−23.665%	—	—	—	as long as short
Hyperliquid GRIFFAIN	+0.0100%	1h	0.01543	+0.084%	$1.2M	$94K	3x	as long as short
Bybit GRIFFAINUSDT	+0.0100%	4h	0.01543	+0.078%	$725K	$424K	25x	as long as short
Gate GRIFFAIN_USDT	+0.0100%	4h	0.01542	0.000%	$424K	$81K	10x	as long as short
KuCoin GRIFFAINUSDTM	+0.0100%	4h	0.01540	−0.130%	$485K	$51K	20x	as long as short
BloFin GRIFFAIN-USDT	+0.0490%	4h	0.01544	+0.156%	$275K	$13K	20x	as long as short
Binance GRIFFAINUSDT	+0.0510%	4h	0.01542	+0.006%	$4.1M	$1.8M	20x	as long as short
MEXC GRIFFAIN_USDTlong	+0.0512%	4h	0.01542	long leg	$312K	$114K	100x
Aster GRIFFAINUSDT	+0.0524%	4h	0.01543	+0.067%	$15K	$35K	5x	as long as short
BingX GRIFFAIN-USDT	+0.0650%	4h	0.01543	+0.071%	—	$6.6M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GRIFFAINUSDTshort	+0.0676%	4h	0.01543	+0.065%	$359K	$254K	10x
Kraken Futures PF_GRIFFAINUSD	+0.7979%	1h	0.01556	+0.898%	$17K	$29K	10x	as long as short