Settings8H · net · $10k
Funding arb · Price arb /

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.74 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.165%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1361.356% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 4 days (all we have)+0.148%+$15 · spread now +0.165%, 7d avg +0.133%
Together, before fees+0.221%+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.033% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.133%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GRASS_USDT0.42100.0100pay 0.0050% / 4h1h 39m$1.1M$1.4M50x
ShortBinance GRASSUSDT0.42170.0248get 0.0124% / 4h1h 39m$10.1M$19.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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

Funding earned
$31.02
Price spread: +0.165% → +0.133%
$3.25
Slippage, 4 orders
−$110.56
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$101.29
Costs to cover
1.356%
Break-even
29.9 days
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago5.91 bp49.5 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago2.37 bp25.3 bp −$2579.8 bp −$798435.1 bp −$43.5Kdoesn't fit

GRASS on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya GRASSRUSDPERP−0.0114%1h0.4218+0.187%$63415xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267+1.354%$7$23K5.5xas long as short
Bybit GRASSUSDT+0.0100%4h0.4213+0.071%$23.8M$12.3M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4219+0.214%$3.0M$9.6M20xas long as short
Gate GRASS_USDTlong+0.0100%4h0.4210long leg$1.1M$1.4M50x
Bitget GRASSUSDT+0.0100%4h0.4213+0.076%$4.9M$2.4M75xas long as short
Variational Omni GRASS+0.0100%4h0.4217+0.167%$2.0M$1.1Mas long as short
KuCoin GRASSUSDTM+0.0120%4h0.4214+0.095%$1.4M$1.1M50xas long as short
Binance GRASSUSDTshort+0.0248%4h0.4217+0.165%$10.1M$19.8M75x
Extended GRASS-USD+0.0248%1h0.4217+0.158%$208K$823K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GRASS_USDT+0.0256%4h0.4213+0.071%$1.3M$1.7M100xas long as short
BingX GRASS-USDT+0.0278%4h0.4214+0.095%$7.2Mas long as short
BloFin GRASS-USDT+0.0286%4h0.4215+0.119%$558K$275K20xas long as short
Hyperliquid GRASS+0.0637%1h0.4224+0.330%$15.6M$3.0M3xas long as short
Aster GRASSUSDT+0.1171%4h0.4216+0.132%$59K$161K10xas long as short
Lighter GRASS+0.1520%1h0.4237+0.632%$741K$640K5xas long as short
Kraken Futures PF_GRASSUSD+0.1520%1h0.4220+0.226%$153K$97K20xas long as short