Settings8H · net · $10k
Funding arb · Price arb /

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.22 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against BloFin+0.503%7-day average −0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$920.919% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 3 days (all we have)−0.648%−$65 · spread now +0.503%, 7d avg −0.101%
Together, before fees−0.658%−$66 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.604% dearer against BloFin than usual: you sell high and buy low: +$60 more if the spread goes back to its 7-day average of −0.101%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GRASS-USDT0.43760.0284pay 0.0142% / 4h2h 48m$560K$250K20x
ShortBingX GRASS-USDT0.43980.0328get 0.0164% / 4h2h 48m$7.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
$9.22
Price spread: +0.503% → −0.101%
$60.37
Slippage, 4 orders
−$69.88
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$22.29
Costs to cover
0.919%
Break-even
23.9 days
Slippage from BloFin: live order book, 37 min ago; BingX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 37 min ago7.22 bp20.4 bp −$2076.5 bp −$765230.3 bp −$23.0Kdoesn't fit
Sell BingX live order book, 4 min ago5.74 bp27.0 bp −$2737.7 bp −$377276.2 bp −$27.6K631.7 bp −$315.8K

GRASS on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya GRASSRUSDPERP−0.0115%1h0.4366−0.236%$65615xas long as short
Bybit GRASSUSDT+0.0100%4h0.4419+0.983%$24.3M$9.0M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4417+0.937%$3.1M$5.6M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4392+0.366%$1.2M$930K50xas long as short
KuCoin GRASSUSDTM+0.0100%4h0.4395+0.434%$1.5M$859K50xas long as short
Bitget GRASSUSDT+0.0100%4h0.4394+0.411%$5.1M$1.8M75xas long as short
Variational Omni GRASS+0.0100%4h0.4352−0.548%$1.4M$325Kas long as short
BloFin GRASS-USDTlong+0.0284%4h0.4376long leg$560K$250K20x
Extended GRASS-USD+0.0312%1h0.4398+0.494%$216K$817K10xas long as short
Binance GRASSUSDT+0.0312%4h0.4414+0.868%$10.7M$12.0M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GRASS_USDT+0.0316%4h0.4403+0.617%$1.4M$915K100xas long as short
BingX GRASS-USDTshort+0.0328%4h0.4398+0.503%$7.0M
Hyperliquid GRASS+0.0416%1h0.4410+0.782%$16.3M$2.2M3xas long as short
Lighter GRASS+0.1376%1h0.4418+0.953%$698K$505K5xas long as short
Aster GRASSUSDT+0.1514%4h0.4393+0.392%$64K$110K10xas long as short
Kraken Futures PF_GRASSUSD+0.1535%1h0.4388+0.264%$165K$58K20xas long as short
Injective GRASS/USDC PERP+0.5000%1h0.4267−2.491%$7$23K5.5xas long as short