Funding you earn now, next payment 03:00 UTC+0.1836%/8h= +201.0% APRpaid last 24h +0.283%
Price spread now: Lighter against Gate+0.569%7-day average +0.188% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2572.571% of the position
Funding, last 7 days+0.890%+$89 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now +0.569%, 7d avg +0.188%
=Together, before fees+0.969%+ Points / potential airdropLighter: Season 3 · farm board+$97 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$55 a day on $10k at the current rate, and Lighter is 0.381% dearer against Gate than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.188%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.890% in total (about 46.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GRASS_USDT | 0.4253 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $1.2M | $1.6M | 50x |
| Short | Lighter GRASS | 0.4277 | 0.1936 | get 0.0242% / 1h | 18m 06s | $836K | $787K | 5x |
Gate GRASS_USDT
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $385.56
- Price spread: +0.569% → +0.188%
- $38.1
- Slippage, 4 orders
- −$242.07
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $166.59
- Costs to cover
- 2.571%
- Break-even
- 4.0 days
Slippage from Gate: live order book, 4 min ago; Lighter: live order book, 42 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 | 3.51 bp | 36.4 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 42 min ago | 43.13 bp | 51.4 bp −$51 | 150.6 bp −$1,506 | 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 | 0.4255 | +0.054% | $639 | — | 15x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0004% | 1h | 0.4257 | +0.097% | $152K | $130K | 20x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +0.329% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDT | +0.0063% | 4h | 0.4273 | +0.470% | $547K | $308K | 20x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4258 | +0.122% | $10.1M | $29.4M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4253 | −0.005% | $23.7M | $16.8M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4258 | +0.118% | $3.2M | $15.8M | 20x | as long as short |
| Gate GRASS_USDTlong | +0.0100% | 4h | 0.4253 | long leg | $1.2M | $1.6M | 50x | |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4258 | +0.118% | $1.2M | $2.4M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4251 | −0.047% | $1.3M | $1.7M | 50x | as long as short |
Reya GRASSRUSDPERP
Kraken Futures PF_GRASSUSD
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 | 0.4253 | −0.002% | $5.0M | $3.2M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4256 | +0.071% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4273 | +0.475% | $2.1M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4253 | −0.001% | $211K | $904K | 10x | as long as short |
| Aster GRASSUSDT | +0.0583% | 4h | 0.4264 | +0.253% | $66K | $226K | 10x | as long as short |
| Hyperliquid GRASS | +0.0901% | 1h | 0.4264 | +0.268% | $16.1M | $3.9M | 3x | as long as short |
| Lighter GRASSshort | +0.1936% | 1h | 0.4277 | +0.569% | $836K | $787K | 5x |
Bitget GRASSUSDT
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Aster GRASSUSDT
Hyperliquid GRASS