Funding you earn now, next payment 03:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h +0.185%
Price spread now: Kraken Futures against Gate+0.022%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2142.138% of the position
Funding, last 7 days+2.115%+$211 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.022%, 7d avg +0.112%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kraken Futures is 0.091% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.112%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.115%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GRASS_USDT | 0.4178 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $1.1M | $1.5M | 50x |
| Short | Kraken Futures PF_GRASSUSD | 0.4179 | 0.0004 | get 0.0001% / 1h | 43m 49s | $149K | $128K | 20x |
Gate GRASS_USDT
Kraken Futures PF_GRASSUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- −$20.1
- Price spread: +0.022% → +0.112%
- −$9.07
- Slippage, 4 orders
- −$188.82
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$242.99
- Costs to cover
- 2.138%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Kraken Futures: live order book, 18 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 Gate live order book, 4 min ago | 7.23 bp | 54.5 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 18 min ago | 20.58 bp | 64.6 bp −$65 | 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 | −0.0111% | 1h | 0.4178 | −0.004% | $628 | — | 15x | as long as short |
| Kraken Futures PF_GRASSUSDshort | +0.0004% | 1h | 0.4179 | +0.022% | $149K | $128K | 20x | |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +2.130% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDT | +0.0074% | 4h | 0.4170 | −0.191% | $530K | $298K | 20x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4183 | +0.129% | $10.0M | $28.8M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4181 | +0.072% | $23.3M | $16.5M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4185 | +0.168% | $3.2M | $15.1M | 20x | as long as short |
| Gate GRASS_USDTlong | +0.0100% | 4h | 0.4178 | long leg | $1.1M | $1.5M | 50x | |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4184 | +0.144% | $1.2M | $2.3M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4179 | +0.024% | $1.2M | $1.6M | 50x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
BloFin GRASS-USDT
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
MEXC GRASS_USDT
KuCoin GRASSUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4179 | +0.014% | $4.8M | $3.2M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4182 | +0.096% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4148 | −0.723% | $2.1M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4181 | +0.075% | $207K | $908K | 10x | as long as short |
| Aster GRASSUSDT | +0.0475% | 4h | 0.4178 | −0.005% | $64K | $224K | 10x | as long as short |
| Hyperliquid GRASS | +0.1045% | 1h | 0.4188 | +0.232% | $15.8M | $3.9M | 3x | as long as short |
| Lighter GRASS | +0.1872% | 1h | 0.4199 | +0.505% | $821K | $786K | 5x | as long as short |
Bitget GRASSUSDT
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Aster GRASSUSDT
Hyperliquid GRASS
Lighter GRASS