Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: MEXC against Binance−0.134%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$610.613% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.129%+$13 · spread now −0.134%, 7d avg −0.015%

Together, before fees+0.129%+$13 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: MEXC is 0.120% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRASSUSDT	0.4116	0.0100	pay 0.0050% / 4h	27m 50s	$9.8M	$24.3M	75x
Short	MEXC GRASS_USDT	0.4110	0.0100	get 0.0050% / 4h	27m 50s	$1.1M	$2.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.134%Rate

Funding earned: $0
Price spread: −0.134% → −0.015%: −$11.96
Slippage, 4 orders: −$47.33
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$73.29
Costs to cover: 0.613%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; MEXC: live order book, 4 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, 13 min ago	3.58 bp	19.7 bp −$20	41.1 bp −$411	258.5 bp −$25.8K	doesn't fit
Sell MEXC live order book, 4 min ago	1.21 bp	10.9 bp −$11	33.3 bp −$333	95.0 bp −$9,505	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	−0.0113%	1h	0.4131	+0.377%	$621	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+3.681%	$7	$23K	5.5x	as long as short
Binance GRASSUSDTlong	+0.0100%	4h	0.4116	long leg	$9.8M	$24.3M	75x
Bybit GRASSUSDT	+0.0100%	4h	0.4109	−0.151%	$23.1M	$14.2M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4112	−0.086%	$3.0M	$12.0M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4105	−0.256%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDTshort	+0.0100%	4h	0.4110	−0.134%	$1.1M	$2.1M	100x
Bitget GRASSUSDT	+0.0100%	4h	0.4117	+0.038%	$4.8M	$2.8M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4112	−0.086%	—	$7.2M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4141	+0.607%	$2.0M	$1.2M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRASS-USD	+0.0104%	1h	0.4116	+0.011%	$203K	$823K	10x	as long as short
BloFin GRASS-USDT	+0.0146%	4h	0.4129	+0.327%	$532K	$289K	20x	as long as short
KuCoin GRASSUSDTM	+0.0160%	4h	0.4131	+0.376%	$1.3M	$1.3M	50x	as long as short
Hyperliquid GRASS	+0.0165%	1h	0.4135	+0.478%	$15.4M	$3.6M	3x	as long as short
Aster GRASSUSDT	+0.0722%	4h	0.4128	+0.295%	$65K	$207K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1412%	1h	0.4131	+0.377%	$147K	$116K	20x	as long as short
Lighter GRASS	+0.2656%	1h	0.4150	+0.835%	$810K	$768K	5x	as long as short