GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0202%/8h= +22.1% APRnext payment +$1.01 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bitget+0.236%7-day average +0.130% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$710.710% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.076%−$8 · spread now +0.236%, 7d avg +0.130%

Together, before fees−0.076%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.106% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.130%.

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 +$1.01 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	0.4317	0.0100	pay 0.0050% / 4h	2h 58m	$5.0M	$1.7M	75x
Short	MEXC GRASS_USDT	0.4327	0.0302	get 0.0151% / 4h	2h 58m	$1.4M	$839K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.236%Rate

Funding earned: $42.42
Price spread: +0.236% → +0.130%: $10.61
Slippage, 4 orders: −$54.99
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$17.96
Costs to cover: 0.710%
Break-even: 10.0 days

Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 3 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	4.54 bp	21.0 bp −$21	199.4 bp −$1,994	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.16 bp	11.2 bp −$11	37.6 bp −$376	121.7 bp −$12.2K	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	−0.0115%	1h	0.4329	+0.291%	$651	—	15x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4323	+0.144%	$24.0M	$8.4M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4328	+0.259%	$3.1M	$5.0M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4324	+0.167%	$1.2M	$884K	50x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4328	+0.259%	$1.5M	$844K	50x	as long as short
Bitget GRASSUSDTlong	+0.0100%	4h	0.4317	long leg	$5.0M	$1.7M	75x
Variational Omni GRASS	+0.0100%	4h	0.4288	−0.666%	$1.4M	$317K	—	as long as short
Hyperliquid GRASS	+0.0217%	1h	0.4330	+0.313%	$16.2M	$2.1M	3x	as long as short
BloFin GRASS-USDT	+0.0250%	4h	0.4317	+0.005%	$546K	$245K	20x	as long as short
MEXC GRASS_USDTshort	+0.0302%	4h	0.4327	+0.236%	$1.4M	$839K	100x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance GRASSUSDT	+0.0309%	4h	0.4333	+0.371%	$10.4M	$11.1M	75x	as long as short
Extended GRASS-USD	+0.0312%	1h	0.4322	+0.126%	$213K	$817K	10x	as long as short
BingX GRASS-USDT	+0.0318%	4h	0.4325	+0.190%	—	$7.0M	—	as long as short
Lighter GRASS	+0.0976%	1h	0.4342	+0.579%	$691K	$493K	5x	as long as short
Aster GRASSUSDT	+0.1502%	4h	0.4329	+0.294%	$67K	$104K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1556%	1h	0.4328	+0.255%	$163K	$59K	20x	as long as short
Injective GRASS/USDC PERP	+0.5000%	1h	0.4267	−1.154%	$7	$23K	5.5x	as long as short