Funding you earn now, next payment 22:00 UTC+0.1660%/8h= +181.8% APRpaid last 24h +0.181%
Price spread now: Lighter against Bitget+0.478%7-day average +0.176% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1351.350% of the position
Funding, last 7 days+0.684%+$68 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.478%, 7d avg +0.176%
=Together, before fees+0.601%+ Points / potential airdropLighter: Season 3 · farm board+$60 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$50 a day on $10k at the current rate, and Lighter is 0.302% dearer against Bitget than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.176%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.684% in total (about 35.7% a year). A funding rate is set anew for every payment. 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 | 0.4459 | 0.0100 | pay 0.0050% / 4h | 2h 13m | $5.2M | $2.1M | 75x |
| Short | Lighter GRASS | 0.4480 | 0.1760 | get 0.0220% / 1h | 13m 20s | $697K | $535K | 5x |
Bitget GRASSUSDT
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $348.6
- Price spread: +0.478% → +0.176%
- $30.15
- Slippage, 4 orders
- −$123
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $243.75
- Costs to cover
- 1.350%
- Break-even
- 2.1 days
Slippage from Bitget: live order book, 5 min ago; Lighter: live order book, 6 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 | 9.83 bp | 22.7 bp −$23 | 96.8 bp −$968 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.11 bp | 4.1 bp −$4 | 102.0 bp −$1,020 | 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 | −0.0114% | 1h | 0.4454 | −0.095% | $669 | — | 15x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4452 | −0.148% | $24.9M | $10.6M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4465 | +0.144% | $3.4M | $7.8M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4456 | −0.058% | $1.2M | $1.2M | 50x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4454 | −0.103% | $1.6M | $970K | 50x | as long as short |
| Bitget GRASSUSDTlong | +0.0100% | 4h | 0.4459 | long leg | $5.2M | $2.1M | 75x | |
| Variational Omni GRASS | +0.0100% | 4h | 0.4466 | +0.173% | $2.2M | $1.1M | — | as long as short |
| Extended GRASS-USD | +0.0376% | 1h | 0.4464 | +0.131% | $220K | $823K | 10x | as long as short |
| MEXC GRASS_USDT | +0.0378% | 4h | 0.4457 | −0.036% | $1.7M | $1.4M | 100x | as long as short |
| Binance GRASSUSDT | +0.0379% | 4h | 0.4455 | −0.081% | $10.9M | $15.9M | 75x | as long as short |
Reya GRASSRUSDPERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
KuCoin GRASSUSDTM
Variational Omni GRASS
Extended GRASS-USD
MEXC GRASS_USDT
Binance GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid GRASS | +0.0390% | 1h | 0.4466 | +0.166% | $16.4M | $2.6M | 3x | as long as short |
| BingX GRASS-USDT | +0.0392% | 4h | 0.4457 | −0.036% | — | $7.1M | — | as long as short |
| BloFin GRASS-USDT | +0.0397% | 4h | 0.4465 | +0.144% | $592K | $259K | 20x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1506% | 1h | 0.4471 | +0.270% | $164K | $79K | 20x | as long as short |
| Aster GRASSUSDT | +0.1510% | 4h | 0.4467 | +0.188% | $65K | $129K | 10x | as long as short |
| Lighter GRASSshort | +0.1760% | 1h | 0.4480 | +0.478% | $697K | $535K | 5x | |
| Injective GRASS/USDC PERP | +0.5000% | 1h | 0.4267 | −4.297% | $7 | $23K | 5.5x | as long as short |
Hyperliquid GRASS
BingX GRASS-USDT
BloFin GRASS-USDT
Kraken Futures PF_GRASSUSD
Aster GRASSUSDT
Injective GRASS/USDC PERP