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: OKX against BingX−0.097%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$850.852% of the position

Long on BingX 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+0.102%+$10 · spread now −0.097%, 7d avg +0.002%

Together, before fees+0.094%+$9 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 0.099% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GRASS-USDT	0.4136	0.0100	pay 0.0050% / 4h	3h 41m	—	$7.3M	—
Short	OKX GRASS-USDT-SWAP	0.4132	0.0100	get 0.0050% / 4h	3h 41m	$3.0M	$13.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.097%Rate

Funding earned: $0
Price spread: −0.097% → +0.002%: −$9.89
Slippage, 4 orders: −$65.21
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$95.09
Costs to cover: 0.852%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; OKX: live order book, 2 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, 6 min ago	5.97 bp	21.8 bp −$22	49.6 bp −$496	218.7 bp −$21.9K	522.9 bp −$261.5K
Sell OKX live order book, 2 min ago	3.63 bp	21.6 bp −$22	52.2 bp −$522	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	−0.0112%	1h	0.4135	−0.013%	$621	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+3.167%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4143	+0.169%	$9.8M	$26.5M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4133	−0.068%	$23.5M	$15.3M	25x	as long as short
OKX GRASS-USDT-SWAPshort	+0.0100%	4h	0.4132	−0.097%	$3.0M	$13.3M	20x
Gate GRASS_USDT	+0.0100%	4h	0.4133	−0.073%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4141	+0.121%	$1.2M	$2.2M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4136	+0.002%	$4.8M	$3.0M	75x	as long as short
BingX GRASS-USDTlong	+0.0100%	4h	0.4136	long leg	—	$7.3M	—
Variational Omni GRASS	+0.0100%	4h	0.4185	+1.181%	$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	0.4134	−0.039%	$204K	$1.1M	10x	as long as short
KuCoin GRASSUSDTM	+0.0122%	4h	0.4140	+0.097%	$1.3M	$1.4M	50x	as long as short
BloFin GRASS-USDT	+0.0147%	4h	0.4147	+0.266%	$522K	$298K	20x	as long as short
Kraken Futures PF_GRASSUSD	+0.0283%	1h	0.4131	−0.120%	$147K	$127K	20x	as long as short
Hyperliquid GRASS	+0.0518%	1h	0.4143	+0.162%	$15.4M	$3.7M	3x	as long as short
Aster GRASSUSDT	+0.0524%	4h	0.4127	−0.213%	$65K	$214K	10x	as long as short
Lighter GRASS	+0.1912%	1h	0.4154	+0.428%	$811K	$780K	5x	as long as short