Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0673%/8h= +73.7% APRpaid last 24h +0.042%

Price spread now: Kraken Futures against Aster+0.101%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$139as in the Price arb table

costs, in and out, $10k−$1461.464% of the position

Long on Aster Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+1.743%+$174 on $10k

Price spread, last 3 days (all we have)+0.049%+$5 · spread now +0.101%, 7d avg +0.021%

Together, before fees+1.792%+ Points / potential airdropAster: Stage 5 · farm board+$179 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Kraken Futures is 0.079% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster GRASSUSDT	0.4145	0.0733	pay 0.0367% / 4h	31m 34s	$66K	$204K	10x
Short	Kraken Futures PF_GRASSUSD	0.4149	0.1406	get 0.0176% / 1h	31m 34s	$148K	$116K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee AsterbpFee Kraken FuturesbpOrdersPrice spread, now +0.101%Rate

Funding earned: $141.38
Price spread: +0.101% → +0.021%: $7.92
Slippage, 4 orders: −$128.44
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $2.86
Costs to cover: 1.464%
Break-even: 6.9 days

Slippage from Aster: live order book, 21 min ago; Kraken Futures: live order book, 46 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, 21 min ago	10.40 bp	19.7 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 46 min ago	26.34 bp	50.2 bp −$50	doesn't fit	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	−0.0113%	1h	0.4143	−0.058%	$622	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+2.945%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4147	+0.049%	$9.8M	$24.0M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4142	−0.071%	$23.2M	$14.1M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4146	+0.025%	$3.0M	$12.0M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4143	−0.047%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4148	+0.074%	$1.2M	$2.1M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4140	−0.127%	$4.8M	$2.8M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4148	+0.074%	—	$7.3M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4162	+0.412%	$2.0M	$1.2M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRASS-USD	+0.0104%	1h	0.4145	+0.008%	$205K	$823K	10x	as long as short
BloFin GRASS-USDT	+0.0125%	4h	0.4146	+0.025%	$539K	$290K	20x	as long as short
Hyperliquid GRASS	+0.0135%	1h	0.4148	+0.071%	$15.4M	$3.6M	3x	as long as short
KuCoin GRASSUSDTM	+0.0164%	4h	0.4148	+0.074%	$1.3M	$1.3M	50x	as long as short
Aster GRASSUSDTlong	+0.0733%	4h	0.4145	long leg	$66K	$204K	10x
Kraken Futures PF_GRASSUSDshort	+0.1406%	1h	0.4149	+0.101%	$148K	$116K	20x
Lighter GRASS	+0.2656%	1h	0.4166	+0.508%	$813K	$768K	5x	as long as short