Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.008%

Price spread now: Bybit against Extended+0.128%7-day average −0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$780.777% of the position

Long on Extended Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.102%−$10 on $10k

Price spread, last 4 days (all we have)−0.232%−$23 · spread now +0.128%, 7d avg −0.036%

Together, before fees−0.334%+ Points / potential airdropExtended: Active · farm board−$33 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.164% dearer against Extended than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GRASS-USD	0.4186	0.0104	pay 0.0013% / 1h	46m 19s	$207K	$950K	10x
Short	Bybit GRASSUSDT	0.4191	0.0100	get 0.0050% / 4h	3h 46m	$23.9M	$15.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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 ExtendedbpFee BybitbpOrdersPrice spread, now +0.128%Rate

Funding earned: −$0.84
Price spread: +0.128% → −0.036%: $16.38
Slippage, 4 orders: −$61.67
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$62.13
Costs to cover: 0.777%
Break-even: never at this rate

Slippage from Extended: live order book, 27 min ago; Bybit: live order book, 2 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 Extended live order book, 27 min ago	3.63 bp	15.1 bp −$15	94.2 bp −$942	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	2.40 bp	22.0 bp −$22	49.0 bp −$490	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	−0.0112%	1h	0.4194	+0.203%	$630	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+1.944%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDT	+0.0060%	4h	0.4187	+0.032%	$528K	$301K	20x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4195	+0.224%	$9.9M	$26.2M	75x	as long as short
Bybit GRASSUSDTshort	+0.0100%	4h	0.4191	+0.128%	$23.9M	$15.1M	25x
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4195	+0.224%	$3.1M	$13.4M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4192	+0.152%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4193	+0.176%	$1.2M	$2.2M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4193	+0.171%	$4.9M	$3.0M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4195	+0.224%	—	$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	0.4185	−0.019%	$2.0M	$1.2M	—	as long as short
Extended GRASS-USDlong	+0.0104%	1h	0.4186	long leg	$207K	$950K	10x
KuCoin GRASSUSDTM	+0.0122%	4h	0.4195	+0.224%	$1.3M	$1.4M	50x	as long as short
Kraken Futures PF_GRASSUSD	+0.0279%	1h	0.4189	+0.074%	$148K	$125K	20x	as long as short
Aster GRASSUSDT	+0.0582%	4h	0.4192	+0.152%	$66K	$213K	10x	as long as short
Hyperliquid GRASS	+0.0607%	1h	0.4196	+0.255%	$15.6M	$3.7M	3x	as long as short
Lighter GRASS	+0.1976%	1h	0.4203	+0.422%	$820K	$780K	5x	as long as short