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+0.0134%/8h= +14.7% APRnext payment +$0.67 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate+0.114%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1251.254% 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)−0.045%−$5 · spread now +0.114%, 7d avg +0.046%
Together, before fees+0.028%+$3 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 BingX is 0.068% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GRASS_USDT0.43840.0100pay 0.0050% / 4h1h 02m$1.2M$1.4M50x
ShortBingX GRASS-USDT0.43890.0234get 0.0117% / 4h1h 02m$7.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$28.14
Price spread: +0.114% → +0.046%
$6.79
Slippage, 4 orders
−$100.44
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$90.52
Costs to cover
1.254%
Break-even
29.5 days
Slippage from Gate: live order book, 5 min ago; BingX: live order book, 1 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, 5 min ago6.86 bp47.6 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 1 min ago3.42 bp23.0 bp −$2357.8 bp −$578285.9 bp −$28.6K581.8 bp −$290.9K

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−0.0113%1h0.4388+0.090%$65915xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267−2.669%$7$23K5.5xas long as short
Bybit GRASSUSDT+0.0100%4h0.4387+0.062%$24.7M$13.3M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4389+0.114%$3.2M$11.3M20xas long as short
Gate GRASS_USDTlong+0.0100%4h0.4384long leg$1.2M$1.4M50x
Bitget GRASSUSDT+0.0100%4h0.4388+0.100%$5.1M$2.6M75xas long as short
Variational Omni GRASS+0.0100%4h0.4388+0.101%$2.1M$1.2Mas long as short
KuCoin GRASSUSDTM+0.0202%4h0.4390+0.137%$1.4M$1.2M50xas long as short
Extended GRASS-USD+0.0216%1h0.4390+0.146%$217K$823K10xas long as short
Binance GRASSUSDT+0.0216%4h0.4390+0.131%$10.5M$22.3M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GRASS_USDT+0.0220%4h0.4390+0.137%$1.3M$1.9M100xas long as short
BingX GRASS-USDTshort+0.0234%4h0.4389+0.114%$7.2M
BloFin GRASS-USDT+0.0237%4h0.4400+0.365%$559K$293K20xas long as short
Hyperliquid GRASS+0.0658%1h0.4398+0.324%$16.5M$3.3M3xas long as short
Aster GRASSUSDT+0.1110%4h0.4391+0.160%$77K$189K10xas long as short
Kraken Futures PF_GRASSUSD+0.1460%1h0.4394+0.225%$158K$109K20xas long as short
Lighter GRASS+0.2840%1h0.4410+0.600%$860K$762K5xas long as short