GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0292%/8h= +32.0% APRnext payment +$0.37 per $10,000 · paid last 24h +0.132%

Price spread now: Hyperliquid against Injective−0.509%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Hyperliquid

What this pair did over the last

the charts below follow

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. Hyperliquid is 0.509% cheaper against Injective than usual: you would sell low and buy high (spread −0.509% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$51 on $10k: about 5.8 days of funding at the current rate (+$9 a day).

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	34m 34s	$7	$23K	5.5x
Short	Hyperliquid GRASS	0.4245	0.0326	get 0.0041% / 1h	34m 34s	$16.1M	$4.1M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. 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 InjectivebpFee HyperliquidbpOrdersPrice spread, now −0.509%Rate

Funding earned: $61.37
Price spread: −0.509% → 0.000%: −$50.86
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $1.5
Costs to cover: 0.090%
Break-even: 6.8 days

Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 8 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 Hyperliquid live order book, 8 min ago	3.17 bp	16.2 bp −$16	doesn't fit	doesn't fit	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	−0.0110%	1h	0.4247	−0.466%	$638	—	15x	as long as short
Injective GRASS/USDC PERPlong	+0.0033%	1h	0.4267	long leg	$7	$23K	5.5x
Binance GRASSUSDT	+0.0100%	4h	0.4247	−0.457%	$10.0M	$31.1M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4244	−0.539%	$23.8M	$17.5M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4247	−0.469%	$3.3M	$17.0M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4240	−0.633%	$1.2M	$1.7M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4240	−0.633%	$1.5M	$2.5M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4240	−0.633%	$1.2M	$1.8M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4241	−0.607%	$4.9M	$3.3M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4240	−0.633%	—	$7.3M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GRASS	+0.0100%	4h	0.4245	−0.521%	$2.1M	$1.3M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4244	−0.533%	$212K	$890K	10x	as long as short
BloFin GRASS-USDT	+0.0146%	4h	0.4248	−0.445%	$546K	$325K	20x	as long as short
Hyperliquid GRASSshort	+0.0326%	1h	0.4245	−0.509%	$16.1M	$4.1M	3x
Kraken Futures PF_GRASSUSD	+0.0331%	1h	0.4245	−0.510%	$153K	$142K	20x	as long as short
Aster GRASSUSDT	+0.0368%	4h	0.4242	−0.586%	$56K	$244K	10x	as long as short
Lighter GRASS	+0.1256%	1h	0.4257	−0.227%	$828K	$971K	5x	as long as short