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: OKX against Binance+0.084%7-day average −0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$820.823% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 7 days−0.246%−$25 · spread now +0.084%, 7d avg −0.092%

Together, before fees−0.254%−$25 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: OKX is 0.176% dearer against Binance than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.092%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRASSUSDT	0.4134	0.0100	pay 0.0050% / 4h	29m 05s	$9.8M	$24.1M	75x
Short	OKX GRASS-USDT-SWAP	0.4137	0.0100	get 0.0050% / 4h	29m 05s	$3.0M	$12.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.084%Rate

Funding earned: $0
Price spread: +0.084% → −0.092%: $17.65
Slippage, 4 orders: −$62.3
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$64.65
Costs to cover: 0.823%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; OKX: 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, 12 min ago	3.58 bp	19.7 bp −$20	41.1 bp −$411	258.5 bp −$25.8K	doesn't fit
Sell OKX live order book, 4 min ago	3.62 bp	20.9 bp −$21	59.1 bp −$591	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	−0.0113%	1h	0.4135	+0.031%	$621	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+3.229%	$7	$23K	5.5x	as long as short
Binance GRASSUSDTlong	+0.0100%	4h	0.4134	long leg	$9.8M	$24.1M	75x
Bybit GRASSUSDT	+0.0100%	4h	0.4129	−0.100%	$23.1M	$14.2M	25x	as long as short
OKX GRASS-USDT-SWAPshort	+0.0100%	4h	0.4137	+0.084%	$3.0M	$12.1M	20x
Gate GRASS_USDT	+0.0100%	4h	0.4126	−0.182%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4135	+0.036%	$1.2M	$2.1M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4125	−0.199%	$4.8M	$2.8M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4127	−0.158%	—	$7.3M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4141	+0.170%	$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	0.4127	−0.158%	$204K	$823K	10x	as long as short
BloFin GRASS-USDT	+0.0146%	4h	0.4129	−0.109%	$532K	$289K	20x	as long as short
Hyperliquid GRASS	+0.0154%	1h	0.4134	+0.021%	$15.4M	$3.6M	3x	as long as short
KuCoin GRASSUSDTM	+0.0164%	4h	0.4130	−0.085%	$1.2M	$1.3M	50x	as long as short
Aster GRASSUSDT	+0.0722%	4h	0.4137	+0.082%	$65K	$206K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1414%	1h	0.4128	−0.132%	$147K	$116K	20x	as long as short
Lighter GRASS	+0.2656%	1h	0.4151	+0.421%	$810K	$768K	5x	as long as short