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: Binance against Bitget+0.095%7-day average +0.142% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$930.927% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.053%+$5 · spread now +0.095%, 7d avg +0.142%

Together, before fees+0.053%+$5 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: Binance is 0.047% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.142%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GRASSUSDT	0.4121	0.0100	pay 0.0050% / 4h	16m 16s	$4.8M	$2.8M	75x
Short	Binance GRASSUSDT	0.4125	0.0100	get 0.0050% / 4h	16m 16s	$9.7M	$24.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.095%Rate

Funding earned: $0
Price spread: +0.095% → +0.142%: −$4.68
Slippage, 4 orders: −$70.67
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$97.35
Costs to cover: 0.927%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 10 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 Bitget live order book, 2 min ago	7.03 bp	26.3 bp −$26	71.2 bp −$712	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	1.20 bp	14.0 bp −$14	27.1 bp −$271	285.8 bp −$28.6K	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	0.4123	+0.037%	$620	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+3.533%	$7	$23K	5.5x	as long as short
Binance GRASSUSDTshort	+0.0100%	4h	0.4125	+0.095%	$9.7M	$24.9M	75x
Bybit GRASSUSDT	+0.0100%	4h	0.4123	+0.034%	$23.3M	$14.6M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4125	+0.087%	$3.0M	$12.5M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4120	−0.034%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4122	+0.015%	$1.2M	$2.2M	100x	as long as short
Bitget GRASSUSDTlong	+0.0100%	4h	0.4121	long leg	$4.8M	$2.8M	75x
BingX GRASS-USDT	+0.0100%	4h	0.4122	+0.015%	—	$7.3M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4117	−0.109%	$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	0.4123	+0.048%	$204K	$823K	10x	as long as short
KuCoin GRASSUSDTM	+0.0134%	4h	0.4123	+0.039%	$1.3M	$1.3M	50x	as long as short
BloFin GRASS-USDT	+0.0157%	4h	0.4133	+0.281%	$525K	$290K	20x	as long as short
Hyperliquid GRASS	+0.0232%	1h	0.4130	+0.201%	$15.4M	$3.6M	3x	as long as short
Aster GRASSUSDT	+0.0664%	4h	0.4126	+0.105%	$64K	$208K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1414%	1h	0.4127	+0.126%	$146K	$124K	20x	as long as short
Lighter GRASS	+0.2568%	1h	0.4144	+0.541%	$809K	$774K	5x	as long as short