Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h −0.005%
Price spread now: OKX against BloFin+0.444%83s7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as 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−$740.740% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.478%−$48 · spread now +0.444%, 7d avg −0.066%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.510% dearer against BloFin than usual: you sell high and buy low: +$51 more if the spread goes back to its 7-day average of −0.066%. The two prices were read 83 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 | 0.4503 | 0.0046 | pay 0.0023% / 4h | 3h 59m | $559K | $410K | 20x |
| Short | OKX GRASS-USDT-SWAP | 0.4523 | 0.0100 | get 0.0050% / 4h | 3h 59m | $3.5M | $23.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $11.36
- Price spread: +0.444% → −0.066%
- $50.98
- Slippage, 4 orders
- −$52.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$11.67
- Costs to cover
- 0.740%
- Break-even
- 14.2 days
Slippage from BloFin: live order book, 16 min ago; OKX: live order book, 4 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, 16 min ago | 4.47 bp | 14.7 bp −$15 | 57.7 bp −$577 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 4.43 bp | 18.8 bp −$19 | 54.7 bp −$547 | 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 | −0.0107% | 1h | 0.4517 | +0.315% | $679 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −5.241% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDTlong | +0.0046% | 4h | 0.4503 | long leg | $559K | $410K | 20x | |
| Hyperliquid GRASS | +0.0100% | 1h | 0.4524 | +0.473% | $17.2M | $4.7M | 3x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4522 | +0.422% | $10.6M | $38.6M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4521 | +0.402% | $26.1M | $21.1M | 25x | as long as short |
| OKX GRASS-USDT-SWAPshort | +0.0100% | 4h | 0.4523 | +0.444% | $3.5M | $23.0M | 20x | |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4517 | +0.311% | $1.3M | $2.0M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4521 | +0.400% | $1.8M | $3.0M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4522 | +0.422% | $1.3M | $2.1M | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4520 | +0.378% | $5.3M | $4.0M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4518 | +0.333% | — | $7.5M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4500 | −0.069% | $2.2M | $1.4M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4519 | +0.348% | $223K | $1.3M | 10x | as long as short |
| Aster GRASSUSDT | +0.0472% | 4h | 0.4519 | +0.365% | $61K | $328K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0964% | 1h | 0.4520 | +0.372% | $162K | $162K | 20x | as long as short |
| Lighter GRASS | +0.1136% | 1h | 0.4537 | +0.753% | $875K | $1.0M | 5x | as long as short |
BloFin GRASS-USDT
OKX GRASS-USDT-SWAP
Injective GRASS/USDC PERP
Hyperliquid GRASS
Binance GRASSUSDT
Bybit GRASSUSDT
Gate GRASS_USDT
MEXC GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDT
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Lighter GRASS