GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.004%

Price spread now: Binance against BloFin−0.117%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$860.862% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.117%, 7d avg −0.019%

Together, before fees+0.045%+$4 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 0.098% cheaper against BloFin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin GRASS-USDT	0.4266	0.0095	pay 0.0047% / 4h	29m 12s	$544K	$311K	20x
Short	Binance GRASSUSDT	0.4261	0.0100	get 0.0050% / 4h	29m 12s	$10.1M	$30.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.117%Rate

Funding earned: $1.09
Price spread: −0.117% → −0.019%: −$9.85
Slippage, 4 orders: −$64.16
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$94.93
Costs to cover: 0.862%
Break-even: 618.5 days

Slippage from BloFin: live order book, 7 min ago; Binance: live order book, 12 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 BloFin live order book, 7 min ago	2.36 bp	24.6 bp −$25	41.9 bp −$419	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	2.36 bp	25.2 bp −$25	43.9 bp −$439	280.9 bp −$28.1K	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	−0.0110%	1h	0.4258	−0.179%	$640	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+0.023%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDTlong	+0.0095%	4h	0.4266	long leg	$544K	$311K	20x
Binance GRASSUSDTshort	+0.0100%	4h	0.4261	−0.117%	$10.1M	$30.3M	75x
Bybit GRASSUSDT	+0.0100%	4h	0.4259	−0.155%	$23.9M	$17.2M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4262	−0.094%	$3.4M	$16.5M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4261	−0.117%	$1.2M	$1.6M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4262	−0.094%	$1.4M	$2.5M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4263	−0.070%	$1.2M	$1.7M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4257	−0.204%	$5.0M	$3.3M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRASS-USDT	+0.0100%	4h	0.4261	−0.117%	—	$7.3M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4265	−0.017%	$2.1M	$1.3M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4257	−0.202%	$211K	$885K	10x	as long as short
Hyperliquid GRASS	+0.0130%	1h	0.4268	+0.040%	$16.2M	$4.1M	3x	as long as short
Aster GRASSUSDT	+0.0494%	4h	0.4261	−0.125%	$65K	$234K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.0790%	1h	0.4263	−0.062%	$154K	$134K	20x	as long as short
Lighter GRASS	+0.2216%	1h	0.4280	+0.340%	$915K	$884K	5x	as long as short