Funding you earn now, next payment 23:00 UTC+0.1234%/8h= +135.1% APRpaid last 24h +0.189%
Price spread now: Lighter against BloFin+0.361%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1361.360% of the position
Funding, last 7 days+0.696%+$70 on $10k
+Price spread, last 3 days (all we have)−0.365%−$36 · spread now +0.361%, 7d avg +0.008%
=Together, before fees+0.332%+ Points / potential airdropLighter: Season 3 · farm board+$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and Lighter is 0.353% dearer against BloFin than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.008%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.696% in total (about 36.3% 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 | BloFin GRASS-USDT | 0.4215 | 0.0286 | pay 0.0143% / 4h | 1h 38m | $558K | $275K | 20x |
| Short | Lighter GRASS | 0.4230 | 0.1520 | get 0.0190% / 1h | 38m 40s | $739K | $640K | 5x |
BloFin GRASS-USDT
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $259.17
- Price spread: +0.361% → +0.008%
- $35.31
- Slippage, 4 orders
- −$124
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $158.47
- Costs to cover
- 1.360%
- Break-even
- 2.7 days
Slippage from BloFin: live order book, 42 min ago; Lighter: live order book, 41 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, 42 min ago | 3.34 bp | 25.1 bp −$25 | 44.4 bp −$444 | 137.5 bp −$13.8K | doesn't fit |
| Sell Lighter live order book, 41 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 | 0.4218 | +0.068% | $634 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +1.234% | $7 | $23K | 5.5x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4218 | +0.059% | $23.8M | $12.3M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4218 | +0.071% | $3.1M | $9.6M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4211 | −0.095% | $1.1M | $1.4M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4212 | −0.081% | $4.9M | $2.4M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4217 | +0.048% | $2.0M | $1.1M | — | as long as short |
| KuCoin GRASSUSDTM | +0.0120% | 4h | 0.4216 | +0.024% | $1.4M | $1.1M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0246% | 4h | 0.4223 | +0.190% | $1.3M | $1.7M | 100x | as long as short |
| Binance GRASSUSDT | +0.0248% | 4h | 0.4214 | −0.024% | $10.1M | $19.8M | 75x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Bitget GRASSUSDT
Variational Omni GRASS
KuCoin GRASSUSDTM
MEXC GRASS_USDT
Binance GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GRASS-USD | +0.0248% | 1h | 0.4218 | +0.061% | $208K | $823K | 10x | as long as short |
| BingX GRASS-USDT | +0.0278% | 4h | 0.4214 | −0.024% | — | $7.2M | — | as long as short |
| BloFin GRASS-USDTlong | +0.0286% | 4h | 0.4215 | long leg | $558K | $275K | 20x | |
| Hyperliquid GRASS | +0.0638% | 1h | 0.4223 | +0.192% | $15.6M | $3.0M | 3x | as long as short |
| Aster GRASSUSDT | +0.1157% | 4h | 0.4217 | +0.059% | $59K | $161K | 10x | as long as short |
| Lighter GRASSshort | +0.1520% | 1h | 0.4230 | +0.361% | $739K | $640K | 5x | |
| Kraken Futures PF_GRASSUSD | +0.1520% | 1h | 0.4220 | +0.107% | $153K | $97K | 20x | as long as short |
Extended GRASS-USD
BingX GRASS-USDT
Hyperliquid GRASS
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD