GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.1179%/8h= +129.1% APRnext payment +$1.47 per $10,000 · paid last 24h +0.018%

Price spread now: Kraken Futures against Hyperliquid−0.802%7-day average −0.105% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+1.486%+$149 on $10k

Price spread, last 3 days (all we have)+0.728%+$73 · spread now −0.802%, 7d avg −0.105%

Together, before fees+2.214%+ Points / potential airdropHyperliquid: Season 2 · farm board+$221 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.697% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.802% now, against its 7-day average of −0.105%). If the spread goes back, that is −$70 on $10k: about 47 hours of funding at the current rate (+$35 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid GRASS	0.4443	0.0349	pay 0.0044% / 1h	39m 56s	$16.4M	$2.4M	3x
Short	Kraken Futures PF_GRASSUSD	0.4407	0.1528	get 0.0191% / 1h	39m 56s	$167K	$68K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee HyperliquidbpFee Kraken FuturesbpOrdersPrice spread, now −0.802%Rate

Funding earned: $247.56
Price spread: −0.802% → −0.105%: −$69.7
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $158.86
Costs to cover: 0.190%
Break-even: 2.5 days

Slippage unknown: Hyperliquid: live order book, 3 min ago; Kraken Futures: live order book, 47 min ago. Net counts fees only.

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 Hyperliquid live order book, 3 min ago	5.73 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 47 min ago	51.69 bp	85.3 bp −$85	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	−0.0114%	1h	0.4412	−0.690%	$663	—	15x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4435	−0.173%	$24.8M	$10.1M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4432	−0.239%	$3.2M	$6.4M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4425	−0.396%	$1.2M	$1.0M	50x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4429	−0.306%	$1.5M	$916K	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4436	−0.153%	$5.2M	$1.9M	75x	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4399	−0.992%	$2.1M	$1.1M	—	as long as short
MEXC GRASS_USDT	+0.0348%	4h	0.4432	−0.239%	$1.4M	$1.0M	100x	as long as short
Hyperliquid GRASSlong	+0.0349%	1h	0.4443	long leg	$16.4M	$2.4M	3x
Binance GRASSUSDT	+0.0349%	4h	0.4434	−0.183%	$10.7M	$13.4M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRASS-USD	+0.0352%	1h	0.4430	−0.278%	$219K	$823K	10x	as long as short
BingX GRASS-USDT	+0.0360%	4h	0.4445	+0.054%	—	$7.0M	—	as long as short
BloFin GRASS-USDT	+0.0401%	4h	0.4391	−1.161%	$561K	$254K	20x	as long as short
Lighter GRASS	+0.1472%	1h	0.4436	−0.151%	$698K	$519K	5x	as long as short
Aster GRASSUSDT	+0.1513%	4h	0.4416	−0.609%	$64K	$118K	10x	as long as short
Kraken Futures PF_GRASSUSDshort	+0.1528%	1h	0.4407	−0.802%	$167K	$68K	20x
Injective GRASS/USDC PERP	+0.5000%	1h	0.4267	−3.953%	$7	$23K	5.5x	as long as short