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

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0122%/8h= +13.4% APRnext payment +$0.61 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against Binance+0.024%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$1001.001% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days−0.126%−$13 · spread now +0.024%, 7d avg −0.088%
Together, before fees−0.127%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.112% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.088%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GRASSUSDT0.42160.0100pay 0.0050% / 4h2h 50m$10.0M$27.2M75x
ShortKuCoin GRASSUSDTM0.42170.0222get 0.0111% / 4h2h 50m$1.3M$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$25.62
Price spread: +0.024% → −0.088%
$11.22
Slippage, 4 orders
−$78.05
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$63.21
Costs to cover
1.001%
Break-even
24.3 days
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 11 min ago.

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, 6 min ago2.40 bp18.5 bp −$1938.4 bp −$384365.3 bp −$36.5Kdoesn't fit
Sell KuCoin live order book, 11 min ago8.36 bp29.6 bp −$30247.5 bp −$2,475doesn'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−0.0112%1h0.4213−0.068%$63315xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267+1.210%$7$23K5.5xas long as short
BloFin GRASS-USDT+0.0084%4h0.4213−0.071%$533K$297K20xas long as short
Binance GRASSUSDTlong+0.0100%4h0.4216long leg$10.0M$27.2M75x
Bybit GRASSUSDT+0.0100%4h0.4210−0.130%$23.8M$15.5M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4214−0.047%$3.2M$14.1M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4210−0.142%$1.2M$1.5M50xas long as short
MEXC GRASS_USDT+0.0100%4h0.4214−0.047%$1.3M$2.2M100xas long as short
Bitget GRASSUSDT+0.0100%4h0.4210−0.133%$4.9M$3.0M75xas long as short
BingX GRASS-USDT+0.0100%4h0.4213−0.071%$7.3Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GRASS+0.0100%4h0.4203−0.300%$2.1M$1.2Mas long as short
Extended GRASS-USD+0.0104%1h0.4210−0.142%$213K$906K10xas long as short
KuCoin GRASSUSDTMshort+0.0222%4h0.4217+0.024%$1.3M$1.5M50x
Aster GRASSUSDT+0.0594%4h0.4210−0.138%$69K$209K10xas long as short
Kraken Futures PF_GRASSUSD+0.0629%1h0.4215−0.034%$150K$127K20xas long as short
Hyperliquid GRASS+0.1350%1h0.4224+0.187%$15.9M$3.8M3xas long as short
Lighter GRASS+0.2064%1h0.4233+0.401%$826K$781K5xas long as short