GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bybit+0.010%7-day average +0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1151.147% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.084%+$8 on $10k

Price spread, last 7 days+0.108%+$11 · spread now +0.010%, 7d avg +0.093%

Together, before fees+0.192%+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.084% cheaper against Bybit than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.093%). If the spread goes back, that is −$8 on $10k: about 14 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.084% in total) that is about 7.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GRASSUSDT	0.4148	0.0100	pay 0.0050% / 4h	0m 41s	$23.4M	$14.7M	25x
Short	KuCoin GRASSUSDTM	0.4148	0.0120	get 0.0060% / 4h	0m 41s	$1.3M	$1.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now +0.010%Rate

Funding earned: $4.2
Price spread: +0.010% → +0.093%: −$8.38
Slippage, 4 orders: −$91.66
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$118.85
Costs to cover: 1.147%
Break-even: 205.1 days

Slippage from Bybit: live order book, 8 min ago; KuCoin: live order book, 5 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 Bybit live order book, 8 min ago	3.61 bp	23.5 bp −$24	42.2 bp −$422	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	8.41 bp	37.8 bp −$38	273.7 bp −$2,737	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	−0.0113%	1h	0.4143	−0.118%	$622	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+2.879%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDT	+0.0089%	4h	0.4153	+0.130%	$520K	$298K	20x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4153	+0.130%	$9.8M	$25.2M	75x	as long as short
Bybit GRASSUSDTlong	+0.0100%	4h	0.4148	long leg	$23.4M	$14.7M	25x
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4150	+0.058%	$3.0M	$12.7M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4145	−0.063%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4152	+0.106%	$1.1M	$2.2M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4146	−0.036%	$4.9M	$2.8M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4149	+0.034%	—	$7.3M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GRASS	+0.0100%	4h	0.4142	−0.124%	$2.0M	$1.2M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4148	−0.001%	$205K	$823K	10x	as long as short
KuCoin GRASSUSDTMshort	+0.0120%	4h	0.4148	+0.010%	$1.3M	$1.4M	50x
Hyperliquid GRASS	+0.0355%	1h	0.4155	+0.181%	$15.5M	$3.6M	3x	as long as short
Aster GRASSUSDT	+0.0612%	4h	0.4150	+0.049%	$64K	$208K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1407%	1h	0.4148	0.000%	$147K	$124K	20x	as long as short
Lighter GRASS	+0.2568%	1h	0.4168	+0.485%	$813K	$776K	5x	as long as short