Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against BingX−0.048%7-day average +0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$690.687% of the position

Long on BingX 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+0.177%+$18 · spread now −0.048%, 7d avg +0.078%

Together, before fees+0.177%+$18 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 0.127% cheaper against BingX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.078%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GRASS-USDT	0.4128	0.0100	pay 0.0050% / 4h	2h 06m	—	$7.3M	—
Short	MEXC GRASS_USDT	0.4126	0.0100	get 0.0050% / 4h	2h 06m	$1.2M	$2.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.048%Rate

Funding earned: $0
Price spread: −0.048% → +0.078%: −$12.68
Slippage, 4 orders: −$54.74
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$81.42
Costs to cover: 0.687%
Break-even: never at this rate

Slippage from BingX: live order book, 1 min ago; MEXC: 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	6.06 bp	21.1 bp −$21	37.3 bp −$373	270.3 bp −$27.0K	642.4 bp −$321.2K
Sell MEXC live order book, 5 min ago	2.43 bp	12.4 bp −$12	15.9 bp −$159	86.3 bp −$8,630	doesn't fit

GRASS on 16 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	−0.0111%	1h	0.4123	−0.119%	$620	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+3.367%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4126	−0.058%	$9.8M	$28.6M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4124	−0.092%	$23.0M	$16.4M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4125	−0.073%	$3.1M	$14.8M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4123	−0.121%	$1.1M	$1.6M	50x	as long as short
MEXC GRASS_USDTshort	+0.0100%	4h	0.4126	−0.048%	$1.2M	$2.3M	100x
Bitget GRASSUSDT	+0.0100%	4h	0.4123	−0.121%	$4.8M	$3.2M	75x	as long as short
BingX GRASS-USDTlong	+0.0100%	4h	0.4128	long leg	—	$7.3M	—
Variational Omni GRASS	+0.0100%	4h	0.4108	−0.478%	$2.0M	$1.2M	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRASS-USD	+0.0104%	1h	0.4123	−0.115%	$205K	$903K	10x	as long as short
KuCoin GRASSUSDTM	+0.0120%	4h	0.4124	−0.097%	$1.2M	$1.6M	50x	as long as short
Aster GRASSUSDT	+0.0450%	4h	0.4132	+0.087%	$63K	$221K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.0644%	1h	0.4122	−0.155%	$147K	$128K	20x	as long as short
Hyperliquid GRASS	+0.1021%	1h	0.4131	+0.070%	$15.6M	$3.9M	3x	as long as short
Lighter GRASS	+0.1840%	1h	0.4144	+0.400%	$810K	$785K	5x	as long as short