Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.047%
Price spread now: Binance against Injective−2.505%97s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Binance is 2.505% cheaper against Injective than usual: you would sell low and buy high (spread −2.505% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$250 on $10k: about 4 months of funding at the current rate (+$2 a day). The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective GRASS/USDC PERP | 0.4267 | 0.0033 | pay 0.0004% / 1h | 19m 52s | $7 | $23K | 5.5x |
| Short | Binance GRASSUSDT | 0.4160 | 0.0100 | get 0.0050% / 4h | 3h 19m | $9.9M | $26.6M | 75x |
Injective GRASS/USDC PERP
Binance GRASSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14
- Price spread: −2.505% → 0.000%
- −$250.47
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$246.49
- Costs to cover
- 0.100%
- Break-even
- 130.2 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 6 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 6 min ago | 3.60 bp | 22.4 bp −$22 | 40.7 bp −$407 | 308.0 bp −$30.8K | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0112% | 1h | 0.4136 | −3.072% | $621 | — | 15x | as long as short |
| Injective GRASS/USDC PERPlong | +0.0033% | 1h | 0.4267 | long leg | $7 | $23K | 5.5x | |
| BloFin GRASS-USDT | +0.0054% | 4h | 0.4161 | −2.484% | $526K | $301K | 20x | as long as short |
| Binance GRASSUSDTshort | +0.0100% | 4h | 0.4160 | −2.505% | $9.9M | $26.6M | 75x | |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4155 | −2.615% | $23.6M | $15.2M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4150 | −2.742% | $3.1M | $13.5M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4143 | −2.906% | $1.1M | $1.5M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4154 | −2.648% | $1.2M | $2.2M | 100x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4143 | −2.906% | $4.8M | $3.0M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4149 | −2.765% | — | $7.3M | — | as long as short |
Reya GRASSRUSDPERP
BloFin GRASS-USDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
Bitget GRASSUSDT
BingX GRASS-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GRASS | +0.0100% | 4h | 0.4153 | −2.664% | $2.0M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4151 | −2.711% | $205K | $924K | 10x | as long as short |
| KuCoin GRASSUSDTM | +0.0152% | 4h | 0.4148 | −2.789% | $1.3M | $1.5M | 50x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0282% | 1h | 0.4138 | −3.030% | $147K | $127K | 20x | as long as short |
| Hyperliquid GRASS | +0.0522% | 1h | 0.4159 | −2.522% | $15.5M | $3.7M | 3x | as long as short |
| Aster GRASSUSDT | +0.0537% | 4h | 0.4150 | −2.751% | $66K | $208K | 10x | as long as short |
| Lighter GRASS | +0.2032% | 1h | 0.4169 | −2.292% | $814K | $782K | 5x | as long as short |
Variational Omni GRASS
Extended GRASS-USD
KuCoin GRASSUSDTM
Kraken Futures PF_GRASSUSD
Hyperliquid GRASS
Aster GRASSUSDT
Lighter GRASS