Funding you earn now, next payment 04:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.22 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against MEXC+0.039%64s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$980.976% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)−0.027%−$3 · spread now +0.039%, 7d avg +0.035%
=The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GRIFFAIN_USDT | 0.01550 | 0.1116 | pay 0.0558% / 4h | 3h 38m | $305K | $112K | 100x |
| Short | BloFin GRIFFAIN-USDT | 0.01551 | 0.1071 | get 0.0536% / 4h | 3h 38m | $274K | $11K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$9.43
- Price spread: +0.039% → +0.035%
- $0.38
- Slippage, 4 orders
- −$81.57
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$106.62
- Costs to cover
- 0.976%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 17 min ago; BloFin: live order book, 28 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, 17 min ago | 6.47 bp | 16.7 bp −$17 | 78.8 bp −$788 | 554.8 bp −$55.5K | doesn't fit |
| Sell BloFin live order book, 28 min ago | 3.25 bp | 34.2 bp −$34 | 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 | −24.060% | — | — | — | as long as short |
| Bybit GRIFFAINUSDT | +0.0100% | 4h | 0.01555 | +0.303% | $734K | $401K | 25x | as long as short |
| Gate GRIFFAIN_USDT | +0.0100% | 4h | 0.01546 | −0.258% | $424K | $81K | 10x | as long as short |
| KuCoin GRIFFAINUSDTM | +0.0100% | 4h | 0.01545 | −0.323% | $487K | $49K | 20x | as long as short |
| Hyperliquid GRIFFAIN | +0.0167% | 1h | 0.01553 | +0.174% | $1.2M | $97K | 3x | as long as short |
| Bitget GRIFFAINUSDT | +0.0998% | 4h | 0.01548 | −0.129% | $365K | $252K | 10x | as long as short |
| BingX GRIFFAIN-USDT | +0.1052% | 4h | 0.01554 | +0.252% | — | $6.5M | — | as long as short |
| BloFin GRIFFAIN-USDTshort | +0.1071% | 4h | 0.01551 | +0.039% | $274K | $11K | 20x | |
| MEXC GRIFFAIN_USDTlong | +0.1116% | 4h | 0.01550 | long leg | $305K | $112K | 100x | |
| Binance GRIFFAINUSDT | +0.1139% | 4h | 0.01553 | +0.206% | $4.2M | $1.7M | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GRIFFAINUSDT | +0.1285% | 4h | 0.01547 | −0.220% | $15K | $31K | 5x | as long as short |
| Kraken Futures PF_GRIFFAINUSD | +1.8875% | 1h | 0.01555 | +0.339% | $17K | $26K | 10x | as long as short |
MEXC GRIFFAIN_USDT
BloFin GRIFFAIN-USDT
Bybit GRIFFAINUSDT
Gate GRIFFAIN_USDT
KuCoin GRIFFAINUSDTM
Hyperliquid GRIFFAIN
Bitget GRIFFAINUSDT
BingX GRIFFAIN-USDT
Binance GRIFFAINUSDT
Aster GRIFFAINUSDT
Kraken Futures PF_GRIFFAINUSD