Funding you earn now, next payment 00:00 UTC−0.1356%/8h= −148.5% APRnext payment −$6.78 per $10,000 · paid last 24h −0.157%
Price spread now: Bybit against Aster−0.317%7-day average −0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$920.917% of the position
Funding, last 5 days (all we have)−0.255%−$25 on $10k
+Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.317%, 7d avg −0.141%
=Together, before fees−0.017%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and Bybit is 0.176% cheaper against Aster than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.141%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.255% in total (about -17.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.78 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster GRASSUSDT | 0.4468 | 0.1456 | pay 0.0728% / 4h | 1h 57m | $65K | $130K | 10x |
| Short | Bybit GRASSUSDT | 0.4454 | 0.0100 | get 0.0050% / 4h | 1h 57m | $24.9M | $10.9M | 25x |
Aster GRASSUSDT
Bybit GRASSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$284.77
- Price spread: −0.317% → −0.141%
- −$17.59
- Slippage, 4 orders
- −$72.72
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$394.08
- Costs to cover
- 0.917%
- Break-even
- never at this rate
Slippage from Aster: live order book, just now; Bybit: live order book, 1 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 Aster live order book, just now | 7.84 bp | 18.1 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.36 bp | 18.5 bp −$19 | 49.2 bp −$492 | doesn't fit | doesn't fit |
GRASS on 17 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 GRASSRUSDPERP | −0.0114% | 1h | 0.4459 | −0.200% | $670 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −4.502% | $7 | $23K | 5.5x | as long as short |
| Bybit GRASSUSDTshort | +0.0100% | 4h | 0.4454 | −0.317% | $24.9M | $10.9M | 25x | |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4459 | −0.205% | $3.3M | $8.4M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4452 | −0.362% | $1.2M | $1.3M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4453 | −0.348% | $5.2M | $2.1M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4469 | +0.014% | $2.1M | $1.1M | — | as long as short |
| KuCoin GRASSUSDTM | +0.0158% | 4h | 0.4457 | −0.250% | $1.5M | $983K | 50x | as long as short |
| MEXC GRASS_USDT | +0.0368% | 4h | 0.4459 | −0.205% | $1.7M | $1.5M | 100x | as long as short |
| Extended GRASS-USD | +0.0376% | 1h | 0.4455 | −0.301% | $220K | $823K | 10x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Bitget GRASSUSDT
Variational Omni GRASS
KuCoin GRASSUSDTM
MEXC GRASS_USDT
Extended GRASS-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance GRASSUSDT | +0.0379% | 4h | 0.4462 | −0.138% | $11.0M | $17.0M | 75x | as long as short |
| BingX GRASS-USDT | +0.0383% | 4h | 0.4459 | −0.205% | — | $7.1M | — | as long as short |
| BloFin GRASS-USDT | +0.0423% | 4h | 0.4484 | +0.354% | $593K | $272K | 20x | as long as short |
| Hyperliquid GRASS | +0.1084% | 1h | 0.4466 | −0.044% | $16.4M | $2.7M | 3x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1432% | 1h | 0.4480 | +0.274% | $165K | $82K | 20x | as long as short |
| Aster GRASSUSDTlong | +0.1456% | 4h | 0.4468 | long leg | $65K | $130K | 10x | |
| Lighter GRASS | +0.2584% | 1h | 0.4482 | +0.307% | $780K | $634K | 5x | as long as short |
Binance GRASSUSDT
BingX GRASS-USDT
BloFin GRASS-USDT
Hyperliquid GRASS
Kraken Futures PF_GRASSUSD
Lighter GRASS