Funding you earn now, next payment 00:00 UTC+0.0212%/8h= +23.2% APRnext payment +$1.06 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget+0.111%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1081.079% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.100%−$10 · spread now +0.111%, 7d avg +0.049%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.062% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.049%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.06 per $10,000. 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 | Bitget GRASSUSDT | 0.4234 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $5.0M | $2.4M | 75x |
| Short | BingX GRASS-USDT | 0.4239 | 0.0312 | get 0.0156% / 4h | 1h 41m | — | $7.2M | — |
Bitget GRASSUSDT
BingX GRASS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $44.52
- Price spread: +0.111% → +0.049%
- $6.25
- Slippage, 4 orders
- −$85.86
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$57.09
- Costs to cover
- 1.079%
- Break-even
- 16.0 days
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 11 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, 1 min ago | 5.09 bp | 27.6 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 4.60 bp | 23.7 bp −$24 | 76.4 bp −$764 | 357.4 bp −$35.7K | 665.3 bp −$332.7K |
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 | −0.0114% | 1h | 0.4241 | +0.162% | $637 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +0.772% | $7 | $23K | 5.5x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4234 | −0.012% | $23.9M | $12.2M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4239 | +0.111% | $3.1M | $9.5M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4235 | +0.017% | $1.1M | $1.4M | 50x | as long as short |
| Bitget GRASSUSDTlong | +0.0100% | 4h | 0.4234 | long leg | $5.0M | $2.4M | 75x | |
| Variational Omni GRASS | +0.0100% | 4h | 0.4234 | −0.005% | $2.0M | $1.1M | — | as long as short |
| KuCoin GRASSUSDTM | +0.0132% | 4h | 0.4237 | +0.064% | $1.4M | $1.1M | 50x | as long as short |
| BloFin GRASS-USDT | +0.0263% | 4h | 0.4256 | +0.512% | $576K | $281K | 20x | as long as short |
| MEXC GRASS_USDT | +0.0270% | 4h | 0.4236 | +0.040% | $1.3M | $1.6M | 100x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Variational Omni GRASS
KuCoin GRASSUSDTM
BloFin GRASS-USDT
MEXC GRASS_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance GRASSUSDT | +0.0271% | 4h | 0.4238 | +0.081% | $10.2M | $19.7M | 75x | as long as short |
| Extended GRASS-USD | +0.0272% | 1h | 0.4234 | −0.004% | $209K | $823K | 10x | as long as short |
| BingX GRASS-USDTshort | +0.0312% | 4h | 0.4239 | +0.111% | — | $7.2M | — | |
| Hyperliquid GRASS | +0.0677% | 1h | 0.4246 | +0.281% | $15.7M | $3.0M | 3x | as long as short |
| Aster GRASSUSDT | +0.1199% | 4h | 0.4231 | −0.080% | $62K | $160K | 10x | as long as short |
| Lighter GRASS | +0.1432% | 1h | 0.4260 | +0.598% | $745K | $640K | 5x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1512% | 1h | 0.4244 | +0.238% | $154K | $98K | 20x | as long as short |
Binance GRASSUSDT
Extended GRASS-USD
Hyperliquid GRASS
Aster GRASSUSDT
Lighter GRASS
Kraken Futures PF_GRASSUSD