Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Bitget+1.369%105s7-day average +0.161% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1121.116% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 3 days (all we have)−1.256%−$126 · spread now +1.369%, 7d avg +0.161%
=The price spread pays, funding is against you. BloFin is 1.208% dearer against Bitget than usual: you sell high and buy low (spread +1.369% now, against its 7-day average of +0.161%): +$121 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7 months. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GRASSUSDT | 0.4141 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $4.8M | $3.0M | 75x |
| Short | BloFin GRASS-USDT | 0.4198 | 0.0082 | get 0.0041% / 4h | 3h 43m | $524K | $302K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$3.81
- Price spread: +1.369% → +0.161%
- $120.79
- Slippage, 4 orders
- −$87.6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $5.37
- Costs to cover
- 1.116%
- Break-even
- from the start
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 28 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, 5 min ago | 9.32 bp | 29.2 bp −$29 | 136.4 bp −$1,364 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 28 min ago | 10.83 bp | 25.3 bp −$25 | 33.7 bp −$337 | 143.9 bp −$14.4K | 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 | 0.4145 | +0.087% | $623 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +3.035% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDTshort | +0.0082% | 4h | 0.4198 | +1.369% | $524K | $302K | 20x | |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4147 | +0.136% | $9.8M | $26.4M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4142 | +0.017% | $23.6M | $15.3M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4141 | −0.007% | $3.0M | $13.3M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4142 | +0.017% | $1.1M | $1.5M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4147 | +0.138% | $1.2M | $2.2M | 100x | as long as short |
| Bitget GRASSUSDTlong | +0.0100% | 4h | 0.4141 | long leg | $4.8M | $3.0M | 75x | |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4146 | +0.113% | — | $7.3M | — | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GRASS | +0.0100% | 4h | 0.4185 | +1.052% | $2.0M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4154 | +0.304% | $205K | $1.0M | 10x | as long as short |
| KuCoin GRASSUSDTM | +0.0114% | 4h | 0.4145 | +0.089% | $1.3M | $1.4M | 50x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0281% | 1h | 0.4155 | +0.340% | $148K | $127K | 20x | as long as short |
| Aster GRASSUSDT | +0.0550% | 4h | 0.4152 | +0.258% | $65K | $214K | 10x | as long as short |
| Hyperliquid GRASS | +0.0550% | 1h | 0.4151 | +0.227% | $15.5M | $3.7M | 3x | as long as short |
| Lighter GRASS | +0.1960% | 1h | 0.4173 | +0.761% | $814K | $780K | 5x | as long as short |
Bitget GRASSUSDT
BloFin GRASS-USDT
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
KuCoin GRASSUSDTM
Kraken Futures PF_GRASSUSD
Aster GRASSUSDT
Hyperliquid GRASS
Lighter GRASS