Funding you earn now, next payment 12:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance+0.132%71s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$670.670% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.132%, 7d avg +0.014%
=The price spread pays, funding is against you. BloFin is 0.118% dearer against Binance than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of +0.014%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (0.000% in total) that is about years. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GRASSUSDT | 0.4556 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $10.9M | $39.9M | 75x |
| Short | BloFin GRASS-USDT | 0.4562 | 0.0068 | get 0.0034% / 4h | 3h 39m | $574K | $418K | 20x |
Binance GRASSUSDT
BloFin GRASS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$6.69
- Price spread: +0.132% → +0.014%
- $11.79
- Slippage, 4 orders
- −$45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.9
- Costs to cover
- 0.670%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; BloFin: live order book, 36 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 Binance live order book, 2 min ago | 2.19 bp | 15.4 bp −$15 | 58.1 bp −$581 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 36 min ago | 4.47 bp | 20.5 bp −$21 | 72.7 bp −$727 | 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 | −0.0107% | 1h | 0.4557 | +0.018% | $685 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −6.343% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDTshort | +0.0068% | 4h | 0.4562 | +0.132% | $574K | $418K | 20x | |
| Binance GRASSUSDTlong | +0.0100% | 4h | 0.4556 | long leg | $10.9M | $39.9M | 75x | |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4551 | −0.110% | $26.3M | $21.6M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4550 | −0.132% | $3.6M | $23.7M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4560 | +0.088% | $1.3M | $2.0M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4561 | +0.110% | $2.0M | $3.1M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4555 | −0.022% | $1.5M | $2.1M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4551 | −0.114% | $5.4M | $4.1M | 75x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRASS-USDT | +0.0100% | 4h | 0.4557 | +0.022% | — | $7.5M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4555 | −0.027% | $2.3M | $1.4M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4550 | −0.125% | $225K | $1.3M | 10x | as long as short |
| Hyperliquid GRASS | +0.0475% | 1h | 0.4562 | +0.125% | $17.4M | $4.8M | 3x | as long as short |
| Aster GRASSUSDT | +0.0505% | 4h | 0.4558 | +0.046% | $64K | $336K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1112% | 1h | 0.4565 | +0.199% | $164K | $162K | 20x | as long as short |
| Lighter GRASS | +0.1248% | 1h | 0.4579 | +0.511% | $887K | $1.0M | 5x | as long as short |
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Hyperliquid GRASS
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Lighter GRASS