Funding you earn now, next payment 08:00 UTC−0.0208%/8h= −22.7% APRpaid last 24h −0.065%
Price spread now: Reya against Bybit−0.076%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Reya is 0.076% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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 | Bybit GRASSUSDT | 0.4480 | 0.0100 | pay 0.0050% / 4h | 42m 40s | $25.7M | $20.4M | 25x |
| Short | Reya GRASSRUSDPERP | 0.4476 | −0.0108 | pay 0.0013% / 1h | 42m 40s | $673 | — | 15x |
Bybit GRASSUSDT
Reya GRASSRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Bybit. 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
- −$43.58
- Price spread: −0.076% → 0.000%
- −$7.63
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$68.22
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 min ago; Reya: no order-book sample. Net counts fees only.
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 | 2.23 bp | 20.5 bp −$21 | 47.4 bp −$474 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 GRASSRUSDPERPshort | −0.0108% | 1h | 0.4476 | −0.076% | $673 | — | 15x | |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −4.748% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDT | +0.0099% | 4h | 0.4485 | +0.118% | $562K | $396K | 20x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4475 | −0.115% | $10.5M | $37.1M | 75x | as long as short |
| Bybit GRASSUSDTlong | +0.0100% | 4h | 0.4480 | long leg | $25.7M | $20.4M | 25x | |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4495 | +0.342% | $3.5M | $22.0M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4478 | −0.038% | $1.3M | $1.9M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4481 | +0.029% | $1.5M | $2.9M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4477 | −0.060% | $1.3M | $2.0M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4489 | +0.212% | $5.2M | $3.9M | 75x | as long as short |
Injective GRASS/USDC PERP
BloFin GRASS-USDT
Binance GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRASS-USDT | +0.0100% | 4h | 0.4495 | +0.342% | — | $7.4M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4405 | −1.676% | $2.2M | $1.4M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4474 | −0.137% | $225K | $1.3M | 10x | as long as short |
| Aster GRASSUSDT | +0.0412% | 4h | 0.4478 | −0.038% | $67K | $319K | 10x | as long as short |
| Hyperliquid GRASS | +0.0634% | 1h | 0.4485 | +0.114% | $17.1M | $4.6M | 3x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0970% | 1h | 0.4492 | +0.266% | $162K | $154K | 20x | as long as short |
| Lighter GRASS | +0.1064% | 1h | 0.4496 | +0.362% | $867K | $1.0M | 5x | as long as short |
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Aster GRASSUSDT
Hyperliquid GRASS
Kraken Futures PF_GRASSUSD
Lighter GRASS