Funding you earn now, next payment 00:00 UTC+0.2564%/8h= +280.8% APRpaid last 24h +0.224%
Price spread now: Lighter against BingX+0.395%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2332.332% of the position
Funding, last 7 days+0.740%+$74 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.395%, 7d avg +0.130%
=Together, before fees+0.621%+ Points / potential airdropLighter: Season 3 · farm board+$62 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$77 a day on $10k at the current rate, and Lighter is 0.265% dearer against BingX than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.130%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.740% in total (about 38.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GRASS-USDT | 0.4154 | 0.0100 | pay 0.0050% / 4h | 33m 36s | — | $7.2M | — |
| Short | Lighter GRASS | 0.4170 | 0.2664 | get 0.0333% / 1h | 33m 36s | $814K | $768K | 5x |
BingX GRASS-USDT
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $538.44
- Price spread: +0.395% → +0.130%
- $26.53
- Slippage, 4 orders
- −$223.24
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $331.73
- Costs to cover
- 2.332%
- Break-even
- 2.7 days
Slippage from BingX: live order book, 4 min ago; Lighter: live order book, 41 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, 4 min ago | 4.79 bp | 22.8 bp −$23 | 28.3 bp −$283 | 161.4 bp −$16.1K | 552.2 bp −$276.1K |
| Sell Lighter live order book, 41 min ago | 91.65 bp | 93.9 bp −$94 | 184.9 bp −$1,849 | 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 | 0.4144 | −0.239% | $623 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +2.720% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDT | +0.0091% | 4h | 0.4156 | +0.048% | $540K | $291K | 20x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4154 | +0.010% | $9.8M | $24.0M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4148 | −0.144% | $23.2M | $14.1M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4156 | +0.048% | $3.0M | $12.0M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4145 | −0.217% | $1.1M | $1.5M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4156 | +0.048% | $1.1M | $2.1M | 100x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4153 | −0.034% | $4.8M | $2.8M | 75x | as long as short |
| BingX GRASS-USDTlong | +0.0100% | 4h | 0.4154 | long leg | — | $7.2M | — |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
BloFin GRASS-USDT
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
Bitget GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GRASS | +0.0100% | 4h | 0.4162 | +0.193% | $2.0M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4155 | +0.013% | $205K | $823K | 10x | as long as short |
| Hyperliquid GRASS | +0.0110% | 1h | 0.4156 | +0.043% | $15.4M | $3.6M | 3x | as long as short |
| KuCoin GRASSUSDTM | +0.0170% | 4h | 0.4146 | −0.193% | $1.3M | $1.3M | 50x | as long as short |
| Aster GRASSUSDT | +0.0740% | 4h | 0.4150 | −0.086% | $66K | $204K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1405% | 1h | 0.4153 | −0.021% | $148K | $116K | 20x | as long as short |
| Lighter GRASSshort | +0.2664% | 1h | 0.4170 | +0.395% | $814K | $768K | 5x |
Variational Omni GRASS
Extended GRASS-USD
Hyperliquid GRASS
KuCoin GRASSUSDTM
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD