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

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0478%/8h= +52.4% APRpaid last 24h +0.170%
Price spread now: Hyperliquid against Bybit+0.280%7-day average +0.272% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.578%+$58 on $10k
Price spread, last 7 days0.000%$0 · spread now +0.280%, 7d avg +0.272%
Together, before fees+0.577%+ Points / potential airdropHyperliquid: Season 2 · farm board+$58 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.272%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GRASSUSDT0.41490.0100pay 0.0050% / 4h3h 49m$23.6M$15.0M25x
ShortHyperliquid GRASS0.41600.0578get 0.0072% / 1h49m 27s$15.5M$3.7M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bybit. 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
$100.48
Price spread: +0.280% → +0.272%
$0.72
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$81.2
Costs to cover
0.200%
Break-even
1.3 days
Slippage unknown: Bybit: live order book, 4 min ago; Hyperliquid: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago1.21 bp24.2 bp −$2447.6 bp −$476doesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago4.09 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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−0.0112%1h0.4155+0.161%$62415xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267+2.851%$7$23K5.5xas long as short
BloFin GRASS-USDT+0.0091%4h0.4134−0.354%$520K$297K20xas long as short
Binance GRASSUSDT+0.0100%4h0.4151+0.066%$9.8M$25.9M75xas long as short
Bybit GRASSUSDTlong+0.0100%4h0.4149long leg$23.6M$15.0M25x
OKX GRASS-USDT-SWAP+0.0100%4h0.4160+0.272%$3.1M$13.1M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4154+0.128%$1.1M$1.5M50xas long as short
MEXC GRASS_USDT+0.0100%4h0.4151+0.055%$1.2M$2.2M100xas long as short
Bitget GRASSUSDT+0.0100%4h0.4154+0.121%$4.8M$2.9M75xas long as short
BingX GRASS-USDT+0.0100%4h0.4151+0.055%$7.3Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GRASS+0.0100%4h0.4127−0.526%$2.0M$1.2Mas long as short
Extended GRASS-USD+0.0104%1h0.4153+0.113%$205K$881K10xas long as short
KuCoin GRASSUSDTM+0.0120%4h0.4152+0.080%$1.2M$1.4M50xas long as short
Kraken Futures PF_GRASSUSD+0.0281%1h0.4156+0.181%$147K$125K20xas long as short
Aster GRASSUSDT+0.0566%4h0.4156+0.176%$65K$210K10xas long as short
Hyperliquid GRASSshort+0.0578%1h0.4160+0.280%$15.5M$3.7M3x
Lighter GRASS+0.1976%1h0.4172+0.554%$814K$780K5xas long as short