Funding you earn now, next payment 00:00 UTC−0.1316%/8h= −144.1% APRnext payment −$1.64 per $10,000 · paid last 24h −0.151%
Price spread now: Injective against Kraken Futures−1.327%63s7-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
Both sides work against this trade now: funding costs −$39 a day on $10k at the current rate, and Injective is 1.327% cheaper against Kraken Futures than usual: you would sell low and buy high (−$133 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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 | Kraken Futures PF_GRASSUSD | 0.4324 | 0.1349 | pay 0.0169% / 1h | 53m 53s | $153K | $112K | 20x |
| Short | Injective GRASS/USDC PERP | 0.4267 | 0.0033 | get 0.0004% / 1h | 53m 53s | $7 | $23K | 5.5x |
Kraken Futures PF_GRASSUSD
Injective GRASS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Kraken Futures. 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
- −$276.36
- Price spread: −1.327% → 0.000%
- −$132.71
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$419.08
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 23 min ago; Injective: no order-book sample. 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 Kraken Futures live order book, 23 min ago | 26.34 bp | 53.8 bp −$54 | 151.2 bp −$1,512 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | −0.0113% | 1h | 0.4313 | −0.258% | $648 | — | 15x | as long as short |
| Injective GRASS/USDC PERPshort | +0.0033% | 1h | 0.4267 | −1.327% | $7 | $23K | 5.5x | |
| Hyperliquid GRASS | +0.0100% | 1h | 0.4334 | +0.220% | $16.1M | $3.5M | 3x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4328 | +0.084% | $24.4M | $13.5M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4332 | +0.176% | $3.1M | $11.8M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4322 | −0.055% | $1.2M | $1.5M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4327 | +0.060% | $5.0M | $2.7M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4301 | −0.531% | $2.1M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0176% | 1h | 0.4329 | +0.117% | $213K | $823K | 10x | as long as short |
| MEXC GRASS_USDT | +0.0178% | 4h | 0.4329 | +0.107% | $1.3M | $1.9M | 100x | as long as short |
Reya GRASSRUSDPERP
Hyperliquid GRASS
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Bitget GRASSUSDT
Variational Omni GRASS
Extended GRASS-USD
MEXC GRASS_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance GRASSUSDT | +0.0178% | 4h | 0.4330 | +0.127% | $10.3M | $22.9M | 75x | as long as short |
| KuCoin GRASSUSDTM | +0.0204% | 4h | 0.4324 | −0.009% | $1.4M | $1.3M | 50x | as long as short |
| BingX GRASS-USDT | +0.0208% | 4h | 0.4328 | +0.084% | — | $7.3M | — | as long as short |
| BloFin GRASS-USDT | +0.0215% | 4h | 0.4329 | +0.107% | $560K | $290K | 20x | as long as short |
| Aster GRASSUSDT | +0.1010% | 4h | 0.4326 | +0.028% | $76K | $193K | 10x | as long as short |
| Kraken Futures PF_GRASSUSDlong | +0.1349% | 1h | 0.4324 | long leg | $153K | $112K | 20x | |
| Lighter GRASS | +0.1936% | 1h | 0.4342 | +0.407% | $848K | $763K | 5x | as long as short |
Binance GRASSUSDT
KuCoin GRASSUSDTM
BingX GRASS-USDT
BloFin GRASS-USDT
Aster GRASSUSDT
Lighter GRASS