Funding you earn now, next payment 04:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h −0.004%
Price spread now: Gate against BloFin−0.304%48s7-day average −0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as 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−$1301.304% of the position
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.304%, 7d avg −0.151%
=Funding pays, the price is against you. Gate is 0.153% cheaper against BloFin than usual: you would sell low and buy high (spread −0.304% now, against its 7-day average of −0.151%). If the spread goes back, that is −$15 on $10k: about 31 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.079%, so the current rate has only just turned in your favour. The two prices were read 48 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 | BloFin GRASS-USDT | 0.4270 | 0.0083 | pay 0.0042% / 4h | 4m 14s | $549K | $323K | 20x |
| Short | Gate GRASS_USDT | 0.4257 | 0.0100 | get 0.0050% / 4h | 4m 14s | $1.2M | $1.6M | 50x |
BloFin GRASS-USDT
Gate GRASS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- $3.5
- Price spread: −0.304% → −0.151%
- −$15.32
- Slippage, 4 orders
- −$103.38
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$142.21
- Costs to cover
- 1.304%
- Break-even
- 291.7 days
Slippage from BloFin: live order book, 32 min ago; Gate: 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 BloFin live order book, 32 min ago | 2.36 bp | 24.6 bp −$25 | 41.9 bp −$419 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 5.88 bp | 39.1 bp −$39 | 806.7 bp −$8,067 | 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 | −0.0110% | 1h | 0.4258 | −0.290% | $640 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −0.070% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDTlong | +0.0083% | 4h | 0.4270 | long leg | $549K | $323K | 20x | |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4266 | −0.094% | $10.1M | $30.4M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4260 | −0.230% | $23.9M | $17.2M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4262 | −0.187% | $3.4M | $16.6M | 20x | as long as short |
| Gate GRASS_USDTshort | +0.0100% | 4h | 0.4257 | −0.304% | $1.2M | $1.6M | 50x | |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4264 | −0.141% | $1.5M | $2.5M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4258 | −0.281% | $1.2M | $1.7M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4259 | −0.248% | $5.0M | $3.3M | 75x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
MEXC GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRASS-USDT | +0.0100% | 4h | 0.4260 | −0.234% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4256 | −0.334% | $2.1M | $1.3M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4260 | −0.233% | $211K | $890K | 10x | as long as short |
| Hyperliquid GRASS | +0.0291% | 1h | 0.4264 | −0.136% | $16.2M | $4.1M | 3x | as long as short |
| Aster GRASSUSDT | +0.0419% | 4h | 0.4265 | −0.122% | $61K | $239K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0790% | 1h | 0.4262 | −0.180% | $154K | $135K | 20x | as long as short |
| Lighter GRASS | +0.2072% | 1h | 0.4273 | +0.077% | $881K | $916K | 5x | as long as short |
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Hyperliquid GRASS
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Lighter GRASS