GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.16 per $10,000 · paid last 24h −0.005%

Price spread now: MEXC against BloFin−0.067%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$750.752% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.067%, 7d avg −0.030%

Together, before fees+0.067%+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.037% cheaper against BloFin than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.030%). If the spread goes back, that is −$4 on $10k: about 3.8 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin GRASS-USDT	0.4476	0.0067	pay 0.0034% / 4h	41m 07s	$551K	$396K	20x
Short	MEXC GRASS_USDT	0.4473	0.0100	get 0.0050% / 4h	41m 07s	$1.5M	$2.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.067%Rate

Funding earned: $6.84
Price spread: −0.067% → −0.030%: −$3.66
Slippage, 4 orders: −$59.16
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$71.99
Costs to cover: 0.752%
Break-even: 80.7 days

Slippage from BloFin: live order book, 40 min ago; MEXC: live order book, 1 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, 40 min ago	6.82 bp	21.3 bp −$21	37.8 bp −$378	167.9 bp −$16.8K	doesn't fit
Sell MEXC live order book, 1 min ago	1.11 bp	5.3 bp −$5	26.5 bp −$265	111.7 bp −$11.2K	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	−0.0108%	1h	0.4470	−0.139%	$672	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−4.669%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDTlong	+0.0067%	4h	0.4476	long leg	$551K	$396K	20x
Binance GRASSUSDT	+0.0100%	4h	0.4469	−0.161%	$10.5M	$37.2M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4465	−0.250%	$25.6M	$20.5M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4462	−0.313%	$3.5M	$21.9M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4473	−0.067%	$1.3M	$1.9M	50x	as long as short
MEXC GRASS_USDTshort	+0.0100%	4h	0.4473	−0.067%	$1.5M	$2.9M	100x
KuCoin GRASSUSDTM	+0.0100%	4h	0.4470	−0.134%	$1.3M	$2.0M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4465	−0.248%	$5.2M	$3.9M	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	0.4471	−0.112%	—	$7.4M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4405	−1.594%	$2.2M	$1.4M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4469	−0.167%	$224K	$1.3M	10x	as long as short
Aster GRASSUSDT	+0.0417%	4h	0.4470	−0.130%	$67K	$319K	10x	as long as short
Hyperliquid GRASS	+0.0629%	1h	0.4472	−0.078%	$17.0M	$4.6M	3x	as long as short
Kraken Futures PF_GRASSUSD	+0.0972%	1h	0.4482	+0.144%	$161K	$154K	20x	as long as short
Lighter GRASS	+0.1120%	1h	0.4490	+0.313%	$866K	$1.0M	5x	as long as short