GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.63 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bybit−0.571%7-day average +0.169% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$142as in the Price arb table

costs, in and out, $10k−$680.678% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 7 days+0.774%+$77 · spread now −0.571%, 7d avg +0.169%

Together, before fees+0.860%+$86 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.740% cheaper against Bybit than usual: you would sell low and buy high (spread −0.571% now, against its 7-day average of +0.169%). If the spread goes back, that is −$74 on $10k: about 20 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.086% in total) that is about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GRASSUSDT	0.4395	0.0100	pay 0.0050% / 4h	1h 22m	$24.8M	$12.8M	25x
Short	MEXC GRASS_USDT	0.4370	0.0226	get 0.0113% / 4h	1h 22m	$1.3M	$1.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.571%Rate

Funding earned: $26.46
Price spread: −0.571% → +0.169%: −$74.04
Slippage, 4 orders: −$52.81
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$115.39
Costs to cover: 0.678%
Break-even: 37.5 days

Slippage from Bybit: live order book, 1 min ago; MEXC: 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 Bybit live order book, 1 min ago	2.30 bp	25.6 bp −$26	45.9 bp −$459	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	3.50 bp	11.7 bp −$12	49.9 bp −$499	117.3 bp −$11.7K	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	0.4347	−1.105%	$653	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−2.915%	$7	$23K	5.5x	as long as short
Bybit GRASSUSDTlong	+0.0100%	4h	0.4395	long leg	$24.8M	$12.8M	25x
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4403	+0.180%	$3.1M	$10.6M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4370	−0.571%	$1.2M	$1.4M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4376	−0.439%	$5.1M	$2.6M	75x	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4266	−2.938%	$2.1M	$1.1M	—	as long as short
KuCoin GRASSUSDTM	+0.0152%	4h	0.4372	−0.526%	$1.5M	$1.2M	50x	as long as short
MEXC GRASS_USDTshort	+0.0226%	4h	0.4370	−0.571%	$1.3M	$1.8M	100x
BingX GRASS-USDT	+0.0226%	4h	0.4378	−0.389%	—	$7.2M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance GRASSUSDT	+0.0262%	4h	0.4377	−0.409%	$10.3M	$21.0M	75x	as long as short
Extended GRASS-USD	+0.0264%	1h	0.4370	−0.578%	$215K	$823K	10x	as long as short
BloFin GRASS-USDT	+0.0268%	4h	0.4352	−0.981%	$538K	$287K	20x	as long as short
Hyperliquid GRASS	+0.0678%	1h	0.4385	−0.241%	$16.4M	$3.2M	3x	as long as short
Aster GRASSUSDT	+0.1180%	4h	0.4376	−0.435%	$66K	$177K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1474%	1h	0.4352	−0.982%	$158K	$98K	20x	as long as short
Lighter GRASS	+0.2448%	1h	0.4390	−0.109%	$837K	$738K	5x	as long as short