Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance−0.027%7-day average −0.132% · you buy dearer than you sell

Net, funding: paid 7d − costs−$150as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1421.424% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.072%−$7 on $10k

Price spread, last 4 days (all we have)−0.144%−$14 · spread now −0.027%, 7d avg −0.132%

Together, before fees−0.217%−$22 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.105% dearer against Binance than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.132%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRASSUSDT	0.4108	0.0100	pay 0.0050% / 4h	2h 11m	$9.7M	$28.6M	75x
Short	Gate GRASS_USDT	0.4107	0.0100	get 0.0050% / 4h	2h 11m	$1.1M	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now −0.027%Rate

Funding earned: $0
Price spread: −0.027% → −0.132%: $10.53
Slippage, 4 orders: −$117.42
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$131.89
Costs to cover: 1.424%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; Gate: 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 Binance live order book, 15 min ago	1.22 bp	14.1 bp −$14	36.0 bp −$360	298.7 bp −$29.9K	doesn't fit
Sell Gate live order book, 1 min ago	8.50 bp	53.7 bp −$54	doesn't fit	doesn't fit	doesn't fit

GRASS on 16 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	−0.0111%	1h	0.4111	+0.072%	$618	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+3.868%	$7	$23K	5.5x	as long as short
Binance GRASSUSDTlong	+0.0100%	4h	0.4108	long leg	$9.7M	$28.6M	75x
Bybit GRASSUSDT	+0.0100%	4h	0.4106	−0.044%	$22.9M	$16.4M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4105	−0.076%	$3.1M	$14.7M	20x	as long as short
Gate GRASS_USDTshort	+0.0100%	4h	0.4107	−0.027%	$1.1M	$1.6M	50x
MEXC GRASS_USDT	+0.0100%	4h	0.4113	+0.119%	$1.2M	$2.3M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4107	−0.032%	$4.8M	$3.2M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4109	+0.022%	—	$7.3M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4108	+0.004%	$2.0M	$1.2M	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRASS-USD	+0.0104%	1h	0.4111	+0.075%	$204K	$906K	10x	as long as short
KuCoin GRASSUSDTM	+0.0118%	4h	0.4108	−0.003%	$1.2M	$1.6M	50x	as long as short
Aster GRASSUSDT	+0.0434%	4h	0.4113	+0.128%	$63K	$221K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.0645%	1h	0.4112	+0.099%	$146K	$128K	20x	as long as short
Hyperliquid GRASS	+0.1027%	1h	0.4118	+0.243%	$15.5M	$3.9M	3x	as long as short
Lighter GRASS	+0.1832%	1h	0.4132	+0.569%	$807K	$785K	5x	as long as short