Settings8H · net · $10k
Funding arb · Price arb /

GRASS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0483%/8h= −52.9% APRnext payment $2.41 per $10,000 · paid last 24h −0.159%
Price spread now: Binance against Aster−0.131%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$840.840% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.260%−$26 on $10k
Price spread, last 4 days (all we have)+0.318%+$32 · spread now −0.131%, 7d avg +0.024%
Together, before fees+0.058%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Binance is 0.155% cheaper against Aster than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.260% in total (about -17.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster GRASSUSDT0.42650.0583pay 0.0291% / 4h1h 18m$66K$226K10x
ShortBinance GRASSUSDT0.42590.0100get 0.0050% / 4h1h 18m$10.2M$29.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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

Funding earned
−$101.39
Price spread: −0.131% → +0.024%
−$15.46
Slippage, 4 orders
−$66.03
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$200.88
Costs to cover
0.840%
Break-even
never at this rate
Slippage from Aster: live order book, 19 min ago; Binance: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 19 min ago8.30 bp25.2 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago3.52 bp19.9 bp −$2043.6 bp −$436278.2 bp −$27.8Kdoesn't fit

GRASS on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya GRASSRUSDPERP−0.0111%1h0.4259−0.123%$64015xas long as short
Kraken Futures PF_GRASSUSD+0.0004%1h0.4259−0.141%$152K$130K20xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267+0.053%$7$23K5.5xas long as short
BloFin GRASS-USDT+0.0063%4h0.4273+0.194%$547K$308K20xas long as short
Binance GRASSUSDTshort+0.0100%4h0.4259−0.131%$10.2M$29.4M75x
Bybit GRASSUSDT+0.0100%4h0.4253−0.275%$23.7M$16.8M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4258−0.158%$3.2M$15.8M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4256−0.204%$1.2M$1.6M50xas long as short
MEXC GRASS_USDT+0.0100%4h0.4259−0.134%$1.2M$2.4M100xas long as short
KuCoin GRASSUSDTM+0.0100%4h0.4257−0.181%$1.3M$1.7M50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GRASSUSDT+0.0100%4h0.4254−0.244%$5.0M$3.2M75xas long as short
BingX GRASS-USDT+0.0100%4h0.4257−0.181%$7.3Mas long as short
Variational Omni GRASS+0.0100%4h0.4273+0.199%$2.1M$1.2Mas long as short
Extended GRASS-USD+0.0104%1h0.4255−0.224%$211K$904K10xas long as short
Aster GRASSUSDTlong+0.0583%4h0.4265long leg$66K$226K10x
Hyperliquid GRASS+0.0903%1h0.4264−0.015%$16.1M$3.9M3xas long as short
Lighter GRASS+0.1904%1h0.4278+0.307%$836K$787K5xas long as short