Funding you earn now, next payment 00:00 UTC−0.1199%/8h= −131.3% APRnext payment −$6.00 per $10,000 · paid last 24h −0.157%
Price spread now: OKX against Aster+0.264%7-day average −0.024% · 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−$67as in the Price arb table
costs, in and out, $10k−$950.954% of the position
Funding, last 5 days (all we have)−0.235%−$24 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now +0.264%, 7d avg −0.024%
=Together, before fees−0.393%+ Points / potential airdropAster: Stage 5 · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.288% dearer against Aster than usual: you sell high and buy low (spread +0.264% now, against its 7-day average of −0.024%): +$29 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 5 days (−0.235% in total) that is about 6.4 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.235% in total (about -16.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.00 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 | 0.4267 | 0.1299 | pay 0.0650% / 4h | 1h 49m | $63K | $139K | 10x |
| Short | OKX GRASS-USDT-SWAP | 0.4278 | 0.0100 | get 0.0050% / 4h | 1h 49m | $3.1M | $8.9M | 20x |
Aster GRASSUSDT
OKX GRASS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$251.86
- Price spread: +0.264% → −0.024%
- $28.81
- Slippage, 4 orders
- −$77.4
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$318.45
- Costs to cover
- 0.954%
- Break-even
- never at this rate
Slippage from Aster: live order book, 8 min ago; OKX: live order book, 3 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, 8 min ago | 7.84 bp | 18.1 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.30 bp | 29.8 bp −$30 | 70.8 bp −$708 | 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 | 0.4273 | +0.156% | $642 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +0.007% | $7 | $23K | 5.5x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4277 | +0.243% | $24.0M | $11.6M | 25x | as long as short |
| OKX GRASS-USDT-SWAPshort | +0.0100% | 4h | 0.4278 | +0.264% | $3.1M | $8.9M | 20x | |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4272 | +0.124% | $1.2M | $1.3M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4278 | +0.271% | $5.0M | $2.3M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4282 | +0.350% | $2.1M | $1.1M | — | as long as short |
| KuCoin GRASSUSDTM | +0.0126% | 4h | 0.4265 | −0.040% | $1.4M | $1.0M | 50x | as long as short |
| Extended GRASS-USD | +0.0312% | 1h | 0.4270 | +0.067% | $210K | $823K | 10x | as long as short |
| Binance GRASSUSDT | +0.0314% | 4h | 0.4280 | +0.320% | $10.4M | $18.5M | 75x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Bybit GRASSUSDT
Gate GRASS_USDT
Bitget GRASSUSDT
Variational Omni GRASS
KuCoin GRASSUSDTM
Extended GRASS-USD
Binance GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GRASS_USDT | +0.0336% | 4h | 0.4277 | +0.241% | $1.4M | $1.6M | 100x | as long as short |
| BingX GRASS-USDT | +0.0360% | 4h | 0.4276 | +0.218% | — | $7.2M | — | as long as short |
| BloFin GRASS-USDT | +0.0392% | 4h | 0.4277 | +0.241% | $573K | $268K | 20x | as long as short |
| Hyperliquid GRASS | +0.0808% | 1h | 0.4285 | +0.421% | $15.8M | $2.9M | 3x | as long as short |
| Aster GRASSUSDTlong | +0.1299% | 4h | 0.4267 | long leg | $63K | $139K | 10x | |
| Lighter GRASS | +0.1488% | 1h | 0.4286 | +0.450% | $748K | $639K | 5x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1505% | 1h | 0.4262 | −0.114% | $157K | $91K | 20x | as long as short |
MEXC GRASS_USDT
BingX GRASS-USDT
BloFin GRASS-USDT
Hyperliquid GRASS
Lighter GRASS
Kraken Futures PF_GRASSUSD