GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against BingX−0.168%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$178as in the Funding arb table

Net, price: spread back to 7d avg − costs−$183as in the Price arb table

costs, in and out, $10k−$1711.705% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.073%−$7 on $10k

Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.168%, 7d avg −0.047%

Together, before fees+0.051%+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.121% cheaper against BingX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.047%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GRASS-USDT	0.4174	0.0120	pay 0.0060% / 4h	37m 19s	—	$7.2M	—
Short	Gate GRASS_USDT	0.4167	0.0100	get 0.0050% / 4h	37m 19s	$1.1M	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now −0.168%Rate

Funding earned: −$4.2
Price spread: −0.168% → −0.047%: −$12.07
Slippage, 4 orders: −$145.53
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$186.8
Costs to cover: 1.705%
Break-even: never at this rate

Slippage from BingX: live order book, 1 min ago; Gate: live order book, 5 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 BingX live order book, 1 min ago	4.79 bp	22.8 bp −$23	28.3 bp −$283	161.4 bp −$16.1K	552.2 bp −$276.1K
Sell Gate live order book, 5 min ago	9.58 bp	62.8 bp −$63	671.6 bp −$6,716	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	0.4172	−0.047%	$627	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+2.228%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDT	+0.0062%	4h	0.4180	+0.144%	$547K	$293K	20x	as long as short
Hyperliquid GRASS	+0.0100%	1h	0.4181	+0.163%	$15.5M	$3.5M	3x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4177	+0.077%	$9.9M	$23.9M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4175	+0.019%	$23.4M	$14.0M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4181	+0.168%	$3.0M	$12.0M	20x	as long as short
Gate GRASS_USDTshort	+0.0100%	4h	0.4167	−0.168%	$1.1M	$1.5M	50x
MEXC GRASS_USDT	+0.0100%	4h	0.4172	−0.048%	$1.2M	$2.0M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4172	−0.043%	$4.8M	$2.8M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GRASS	+0.0100%	4h	0.4177	+0.071%	$2.0M	$1.2M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4172	−0.041%	$205K	$823K	10x	as long as short
BingX GRASS-USDTlong	+0.0120%	4h	0.4174	long leg	—	$7.2M	—
KuCoin GRASSUSDTM	+0.0170%	4h	0.4174	0.000%	$1.3M	$1.3M	50x	as long as short
Aster GRASSUSDT	+0.0769%	4h	0.4171	−0.070%	$68K	$204K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1397%	1h	0.4176	+0.037%	$149K	$116K	20x	as long as short
Lighter GRASS	+0.2280%	1h	0.4193	+0.446%	$818K	$766K	5x	as long as short