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+0.0106%/8h= +11.6% APRnext payment +$0.53 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate+0.137%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1731.730% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.071%+$7 on $10k
Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.137%, 7d avg +0.035%
Together, before fees−0.047%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.102% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GRASS_USDT0.43640.0100pay 0.0050% / 4h1h 11m$1.2M$1.4M50x
ShortKuCoin GRASSUSDTM0.43700.0206get 0.0103% / 4h1h 11m$1.4M$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$22.26
Price spread: +0.137% → +0.035%
$10.21
Slippage, 4 orders
−$145.98
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$140.51
Costs to cover
1.730%
Break-even
51.2 days
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 4 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, 1 min ago8.00 bp46.0 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago9.16 bp34.6 bp −$35270.9 bp −$2,709doesn't fitdoesn'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−0.0113%1h0.4370+0.148%$65715xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267−2.223%$7$23K5.5xas long as short
Bybit GRASSUSDT+0.0100%4h0.4373+0.197%$24.7M$13.1M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4374+0.229%$3.1M$11.0M20xas long as short
Gate GRASS_USDTlong+0.0100%4h0.4364long leg$1.2M$1.4M50x
Bitget GRASSUSDT+0.0100%4h0.4371+0.154%$5.1M$2.6M75xas long as short
Variational Omni GRASS+0.0100%4h0.4355−0.196%$2.1M$1.2Mas long as short
KuCoin GRASSUSDTMshort+0.0206%4h0.4370+0.137%$1.4M$1.2M50x
MEXC GRASS_USDT+0.0252%4h0.4370+0.137%$1.3M$1.8M100xas long as short
Binance GRASSUSDT+0.0252%4h0.4373+0.213%$10.4M$21.9M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GRASS-USD+0.0256%1h0.4377+0.300%$215K$823K10xas long as short
BingX GRASS-USDT+0.0274%4h0.4369+0.115%$7.2Mas long as short
BloFin GRASS-USDT+0.0307%4h0.4390+0.596%$545K$292K20xas long as short
Hyperliquid GRASS+0.0681%1h0.4377+0.291%$16.4M$3.3M3xas long as short
Aster GRASSUSDT+0.1143%4h0.4375+0.250%$73K$185K10xas long as short
Kraken Futures PF_GRASSUSD+0.1466%1h0.4377+0.305%$157K$110K20xas long as short
Lighter GRASS+0.2840%1h0.4401+0.839%$858K$762K5xas long as short