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

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h −0.172%
Price spread now: Extended against Hyperliquid−0.159%7-day average −0.214% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.504%−$50 on $10k
Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.159%, 7d avg −0.214%
Together, before fees−0.447%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.055% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.159% now, against its 7-day average of −0.214%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.8 days. At the pace of the last 7 days (−0.504% in total) that is about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid GRASS0.42810.0136pay 0.0017% / 1h32m 24s$16.2M$4.1M3x
ShortExtended GRASS-USD0.42740.0104get 0.0013% / 1h32m 24s$211K$894K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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
−$6.64
Price spread: −0.159% → −0.214%
$5.47
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$15.17
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; Extended: live order book, 26 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 10 min ago2.72 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 26 min ago5.89 bp16.8 bp −$1770.2 bp −$702doesn'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−0.0110%1h0.4272−0.196%$64215xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267−0.320%$7$23K5.5xas long as short
Binance GRASSUSDT+0.0100%4h0.4275−0.138%$10.1M$30.3M75xas long as short
Bybit GRASSUSDT+0.0100%4h0.4273−0.175%$24.0M$17.2M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4274−0.157%$3.4M$16.5M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4272−0.203%$1.2M$1.6M50xas long as short
MEXC GRASS_USDT+0.0100%4h0.4271−0.227%$1.5M$2.5M100xas long as short
KuCoin GRASSUSDTM+0.0100%4h0.4269−0.273%$1.2M$1.7M50xas long as short
Bitget GRASSUSDT+0.0100%4h0.4272−0.203%$5.0M$3.3M75xas long as short
BingX GRASS-USDT+0.0100%4h0.4274−0.157%$7.3Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GRASS+0.0100%4h0.4246−0.816%$2.1M$1.3Mas long as short
Extended GRASS-USDshort+0.0104%1h0.4274−0.159%$211K$894K10x
BloFin GRASS-USDT+0.0125%4h0.4266−0.343%$548K$311K20xas long as short
Hyperliquid GRASSlong+0.0136%1h0.4281long leg$16.2M$4.1M3x
Aster GRASSUSDT+0.0498%4h0.4264−0.386%$65K$234K10xas long as short
Kraken Futures PF_GRASSUSD+0.0787%1h0.4280−0.018%$155K$134K20xas long as short
Lighter GRASS+0.2256%1h0.4295+0.339%$918K$884K5xas long as short