Funding you earn now, next payment 05:00 UTC+0.0217%/8h= +23.8% APRnext payment +$0.27 per $10,000 · paid last 24h +0.160%
Price spread now: Kraken Futures against Extended+0.076%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs+$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1341.339% of the position
Funding, last 7 days+2.044%+$204 on $10k
+Price spread, last 4 days (all we have)+0.143%+$14 · spread now +0.076%, 7d avg +0.103%
=Together, before fees+2.187%+ Points / potential airdropExtended: Active · farm board+$219 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.027% cheaper against Extended than usual: you would sell low and buy high (spread +0.076% now, against its 7-day average of +0.103%). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+2.044% in total) that is about 2 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended GRASS-USD | 0.4371 | 0.0104 | pay 0.0013% / 1h | 8m 20s | $219K | $703K | 10x |
| Short | Kraken Futures PF_GRASSUSD | 0.4374 | 0.0321 | get 0.0040% / 1h | 8m 20s | $157K | $143K | 20x |
Extended GRASS-USD
Kraken Futures PF_GRASSUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $45.6
- Price spread: +0.076% → +0.103%
- −$2.71
- Slippage, 4 orders
- −$118.91
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$91.02
- Costs to cover
- 1.339%
- Break-even
- 21.0 days
Slippage from Extended: live order book, 45 min ago; Kraken Futures: live order book, 44 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, 45 min ago | 3.51 bp | 14.3 bp −$14 | 62.9 bp −$629 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 44 min ago | 24.53 bp | 68.4 bp −$68 | doesn't fit | 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 | −0.0109% | 1h | 0.4379 | +0.182% | $658 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −2.381% | $7 | $23K | 5.5x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4373 | +0.038% | $10.3M | $31.7M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4375 | +0.087% | $24.7M | $17.8M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4379 | +0.181% | $3.5M | $18.1M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4367 | −0.094% | $1.2M | $1.7M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4374 | +0.067% | $1.6M | $2.6M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4378 | +0.158% | $1.3M | $1.8M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4369 | −0.046% | $5.1M | $3.4M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4375 | +0.089% | — | $7.3M | — | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDT
BingX GRASS-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GRASS | +0.0100% | 4h | 0.4338 | −0.764% | $2.2M | $1.3M | — | as long as short |
| Extended GRASS-USDlong | +0.0104% | 1h | 0.4371 | long leg | $219K | $703K | 10x | |
| BloFin GRASS-USDT | +0.0128% | 4h | 0.4347 | −0.551% | $549K | $335K | 20x | as long as short |
| Kraken Futures PF_GRASSUSDshort | +0.0321% | 1h | 0.4374 | +0.076% | $157K | $143K | 20x | |
| Hyperliquid GRASS | +0.0329% | 1h | 0.4381 | +0.234% | $16.7M | $4.2M | 3x | as long as short |
| Aster GRASSUSDT | +0.0415% | 4h | 0.4366 | −0.125% | $59K | $251K | 10x | as long as short |
| Lighter GRASS | +0.1528% | 1h | 0.4368 | −0.082% | $849K | $971K | 5x | as long as short |
Variational Omni GRASS
BloFin GRASS-USDT
Hyperliquid GRASS
Aster GRASSUSDT
Lighter GRASS