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

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0432%/8h= −47.3% APRpaid last 24h +0.017%
Price spread now: Hyperliquid against Aster+0.073%7-day average +0.109% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.251%+$25 on $10k
Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.073%, 7d avg +0.109%
Together, before fees+0.268%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Hyperliquid is 0.037% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.109%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.251%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster GRASSUSDT0.41270.0664pay 0.0332% / 4h16m 32s$64K$208K10x
ShortHyperliquid GRASS0.41300.0232get 0.0029% / 1h16m 32s$15.4M$3.6M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
−$90.69
Price spread: +0.073% → +0.109%
−$3.65
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$111.34
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 36 min ago; Hyperliquid: live order book, 6 min ago. Net counts fees only.

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, 36 min ago10.40 bp19.7 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 6 min ago3.85 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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−0.0113%1h0.4123−0.091%$62015xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267+3.400%$7$23K5.5xas long as short
Binance GRASSUSDT+0.0100%4h0.4123−0.094%$9.7M$24.9M75xas long as short
Bybit GRASSUSDT+0.0100%4h0.4119−0.187%$23.3M$14.6M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4125−0.041%$3.0M$12.5M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4121−0.138%$1.1M$1.5M50xas long as short
MEXC GRASS_USDT+0.0100%4h0.4122−0.114%$1.2M$2.2M100xas long as short
Bitget GRASSUSDT+0.0100%4h0.4120−0.155%$4.8M$2.8M75xas long as short
BingX GRASS-USDT+0.0100%4h0.4121−0.138%$7.3Mas long as short
Variational Omni GRASS+0.0100%4h0.4128+0.030%$2.0M$1.2Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GRASS-USD+0.0104%1h0.4118−0.212%$204K$823K10xas long as short
KuCoin GRASSUSDTM+0.0134%4h0.4123−0.090%$1.3M$1.3M50xas long as short
BloFin GRASS-USDT+0.0157%4h0.4133+0.153%$525K$290K20xas long as short
Hyperliquid GRASSshort+0.0232%1h0.4130+0.073%$15.4M$3.6M3x
Aster GRASSUSDTlong+0.0664%4h0.4127long leg$64K$208K10x
Kraken Futures PF_GRASSUSD+0.1412%1h0.4132+0.132%$146K$124K20xas long as short
Lighter GRASS+0.2568%1h0.4141+0.339%$808K$774K5xas long as short