Funding you earn now, next payment 23:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: Lighter against Kraken Futures+0.421%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$395as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2672.670% of the position
Funding, last 7 days−1.283%−$128 on $10k
+Price spread, last 3 days (all we have)−0.465%−$47 · spread now +0.421%, 7d avg +0.040%
=Together, before fees−1.749%+ Points / potential airdropLighter: Season 3 · farm board−$175 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Lighter is 0.381% dearer against Kraken Futures than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.040%. Mind the row above: over the last 7 days funding on this pair cost −1.283%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GRASSUSD | 0.4198 | 0.1528 | pay 0.0191% / 1h | 34m 19s | $152K | $98K | 20x |
| Short | Lighter GRASS | 0.4216 | 0.1544 | get 0.0193% / 1h | 34m 19s | $737K | $640K | 5x |
Kraken Futures PF_GRASSUSD
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $3.32
- Price spread: +0.421% → +0.040%
- $38.09
- Slippage, 4 orders
- −$257.05
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$225.64
- Costs to cover
- 2.670%
- Break-even
- 483.4 days
Slippage from Kraken Futures: live order book, 48 min ago; Lighter: live order book, 45 min ago.
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, 48 min ago | 59.99 bp | 84.2 bp −$84 | 190.9 bp −$1,909 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 45 min ago | 0.11 bp | 4.1 bp −$4 | 102.0 bp −$1,020 | 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 | 0.4193 | −0.115% | $630 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +1.640% | $7 | $23K | 5.5x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4192 | −0.141% | $23.6M | $12.5M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4198 | −0.003% | $3.0M | $9.7M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4194 | −0.098% | $1.1M | $1.4M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4197 | −0.017% | $4.9M | $2.5M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4213 | +0.355% | $2.0M | $1.1M | — | as long as short |
| KuCoin GRASSUSDTM | +0.0130% | 4h | 0.4200 | +0.045% | $1.4M | $1.1M | 50x | as long as short |
| Binance GRASSUSDT | +0.0222% | 4h | 0.4199 | +0.021% | $10.0M | $20.2M | 75x | as long as short |
| Extended GRASS-USD | +0.0224% | 1h | 0.4193 | −0.127% | $207K | $823K | 10x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Bitget GRASSUSDT
Variational Omni GRASS
KuCoin GRASSUSDTM
Binance GRASSUSDT
Extended GRASS-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GRASS_USDT | +0.0230% | 4h | 0.4196 | −0.051% | $1.2M | $1.7M | 100x | as long as short |
| BingX GRASS-USDT | +0.0248% | 4h | 0.4196 | −0.051% | — | $7.2M | — | as long as short |
| BloFin GRASS-USDT | +0.0259% | 4h | 0.4189 | −0.217% | $548K | $275K | 20x | as long as short |
| Hyperliquid GRASS | +0.0627% | 1h | 0.4202 | +0.083% | $15.5M | $3.0M | 3x | as long as short |
| Aster GRASSUSDT | +0.1103% | 4h | 0.4194 | −0.099% | $59K | $164K | 10x | as long as short |
| Kraken Futures PF_GRASSUSDlong | +0.1528% | 1h | 0.4198 | long leg | $152K | $98K | 20x | |
| Lighter GRASSshort | +0.1544% | 1h | 0.4216 | +0.421% | $737K | $640K | 5x |
MEXC GRASS_USDT
BingX GRASS-USDT
BloFin GRASS-USDT
Hyperliquid GRASS
Aster GRASSUSDT