GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.1144%/8h= +125.3% APRnext payment +$1.43 per $10,000 · paid last 24h +0.351%

Price spread now: Lighter against Extended+0.638%7-day average +0.203% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$1301.304% of the position

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.923%+$92 on $10k

Price spread, last 4 days (all we have)−0.490%−$49 · spread now +0.638%, 7d avg +0.203%

Together, before fees+0.433%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$43 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Lighter is 0.434% dearer against Extended than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of +0.203%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GRASS-USD	0.4550	0.0104	pay 0.0013% / 1h	40m 03s	$225K	$1.3M	10x
Short	Lighter GRASS	0.4579	0.1248	get 0.0156% / 1h	40m 03s	$887K	$1.0M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.638%Rate

Funding earned: $240.24
Price spread: +0.638% → +0.203%: $43.44
Slippage, 4 orders: −$125.41
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: $153.27
Costs to cover: 1.304%
Break-even: 2.5 days

Slippage from Extended: live order book, 3 min ago; Lighter: live order book, just now.

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, 3 min ago	3.28 bp	13.3 bp −$13	91.3 bp −$913	doesn't fit	doesn't fit
Sell Lighter live order book, just now	14.88 bp	18.0 bp −$18	113.1 bp −$1,131	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	−0.0107%	1h	0.4557	+0.144%	$685	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−6.226%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDT	+0.0068%	4h	0.4562	+0.258%	$574K	$418K	20x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4556	+0.126%	$10.9M	$39.9M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4551	+0.016%	$26.3M	$21.6M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4550	−0.006%	$3.6M	$23.7M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4560	+0.214%	$1.3M	$2.0M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4561	+0.236%	$2.0M	$3.1M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4555	+0.104%	$1.5M	$2.1M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4551	+0.011%	$5.4M	$4.1M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRASS-USDT	+0.0100%	4h	0.4557	+0.148%	—	$7.5M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4555	+0.098%	$2.3M	$1.4M	—	as long as short
Extended GRASS-USDlong	+0.0104%	1h	0.4550	long leg	$225K	$1.3M	10x
Hyperliquid GRASS	+0.0475%	1h	0.4562	+0.251%	$17.4M	$4.8M	3x	as long as short
Aster GRASSUSDT	+0.0505%	4h	0.4558	+0.172%	$64K	$336K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1112%	1h	0.4565	+0.324%	$164K	$162K	20x	as long as short
Lighter GRASSshort	+0.1248%	1h	0.4579	+0.638%	$887K	$1.0M	5x