Settings8H · net · $10k
Funding arb · Price arb /

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0442%/8h= +48.4% APRpaid last 24h +0.173%
Price spread now: Hyperliquid against Binance−0.067%7-day average +0.092% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.481%+$48 on $10k
Price spread, last 7 days+0.162%+$16 · spread now −0.067%, 7d avg +0.092%
Together, before fees+0.644%+ Points / potential airdropHyperliquid: Season 2 · farm board+$64 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.159% cheaper against Binance than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.092%). If the spread goes back, that is −$16 on $10k: about 29 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GRASSUSDT0.43960.0221pay 0.0111% / 4h1h 03m$10.5M$22.3M75x
ShortHyperliquid GRASS0.43930.0663get 0.0083% / 1h3m 04s$16.5M$3.3M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$92.74
Price spread: −0.067% → +0.092%
−$15.93
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$57.81
Costs to cover
0.190%
Break-even
2.6 days
Slippage unknown: Binance: live order book, 8 min ago; Hyperliquid: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago2.29 bp12.1 bp −$1240.5 bp −$405374.5 bp −$37.4Kdoesn't fit
Sell Hyperliquid live order book, 10 min ago3.19 bp20.9 bp −$21doesn't fitdoesn't fitdoesn't fit

GRASS on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya GRASSRUSDPERP−0.0113%1h0.4394−0.036%$66015xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267−2.936%$7$23K5.5xas long as short
Bybit GRASSUSDT+0.0100%4h0.4389−0.156%$24.8M$13.2M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4389−0.161%$3.2M$11.3M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4392−0.092%$1.2M$1.4M50xas long as short
Bitget GRASSUSDT+0.0100%4h0.4387−0.202%$5.1M$2.6M75xas long as short
Variational Omni GRASS+0.0100%4h0.4388−0.174%$2.1M$1.2Mas long as short
KuCoin GRASSUSDTM+0.0208%4h0.4393−0.070%$1.4M$1.2M50xas long as short
Binance GRASSUSDTlong+0.0221%4h0.4396long leg$10.5M$22.3M75x
Extended GRASS-USD+0.0224%1h0.4396−0.009%$217K$823K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GRASS_USDT+0.0226%4h0.4394−0.047%$1.3M$1.9M100xas long as short
BingX GRASS-USDT+0.0234%4h0.4392−0.092%$7.2Mas long as short
BloFin GRASS-USDT+0.0237%4h0.4400+0.090%$559K$293K20xas long as short
Hyperliquid GRASSshort+0.0663%1h0.4393−0.067%$16.5M$3.3M3x
Aster GRASSUSDT+0.1104%4h0.4397+0.020%$74K$189K10xas long as short
Kraken Futures PF_GRASSUSD+0.1459%1h0.4398+0.039%$158K$109K20xas long as short
Lighter GRASS+0.2800%1h0.4408+0.274%$860K$762K5xas long as short