Funding you earn now, next payment 06:00 UTC+0.1294%/8h= +141.7% APRpaid last 24h +0.192%
Price spread now: Lighter against Aster+0.236%7-day average +0.089% · 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−$183as in the Price arb table
costs, in and out, $10k−$1981.980% of the position
Funding, last 6 days (all we have)+0.611%+$61 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.236%, 7d avg +0.089%
=Together, before fees+0.467%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and Lighter is 0.147% dearer against Aster than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.089%.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.611% in total (about 40.2% a year). A funding rate is set anew for every payment. 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 | 0.4477 | 0.0466 | pay 0.0233% / 4h | 2h 43m | $63K | $282K | 10x |
| Short | Lighter GRASS | 0.4487 | 0.1760 | get 0.0220% / 1h | 43m 57s | $872K | $966K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $271.83
- Price spread: +0.236% → +0.089%
- $14.72
- Slippage, 4 orders
- −$190.02
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $88.53
- Costs to cover
- 1.980%
- Break-even
- 4.7 days
Slippage from Aster: live order book, 44 min ago; Lighter: 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, 44 min ago | 9.41 bp | 22.7 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 1 min ago | 29.22 bp | 31.1 bp −$31 | 139.4 bp −$1,394 | 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 | −0.0109% | 1h | 0.4466 | −0.230% | $671 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −4.683% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDT | +0.0095% | 4h | 0.4441 | −0.796% | $570K | $354K | 20x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4476 | −0.010% | $10.6M | $33.2M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4467 | −0.220% | $25.3M | $18.5M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4473 | −0.081% | $3.5M | $19.4M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4469 | −0.171% | $1.3M | $1.7M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4473 | −0.081% | $1.6M | $2.7M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4465 | −0.260% | $1.3M | $1.9M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4466 | −0.242% | $5.3M | $3.5M | 75x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRASS-USDT | +0.0100% | 4h | 0.4470 | −0.148% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4411 | −1.472% | $2.2M | $1.3M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4468 | −0.203% | $221K | $770K | 10x | as long as short |
| Hyperliquid GRASS | +0.0376% | 1h | 0.4478 | +0.024% | $17.0M | $4.3M | 3x | as long as short |
| Aster GRASSUSDTlong | +0.0466% | 4h | 0.4477 | long leg | $63K | $282K | 10x | |
| Kraken Futures PF_GRASSUSD | +0.1435% | 1h | 0.4469 | −0.180% | $162K | $147K | 20x | as long as short |
| Lighter GRASSshort | +0.1760% | 1h | 0.4487 | +0.236% | $872K | $966K | 5x |
Aster GRASSUSDT
Lighter GRASS
Injective GRASS/USDC PERP
BloFin GRASS-USDT
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDT
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Hyperliquid GRASS
Kraken Futures PF_GRASSUSD