Settings8H · net · $10k
Funding arb · Price arb /

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.346%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1141.145% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days+0.306%+$31 · spread now −0.346%, 7d avg −0.005%
Together, before fees+0.308%+$31 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.341% cheaper against KuCoin than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GRASSUSDTM0.43300.0206pay 0.0103% / 4h54m 38s$1.4M$1.3M50x
ShortBingX GRASS-USDT0.43150.0208get 0.0104% / 4h54m 38s$7.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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

Funding earned
$0.42
Price spread: −0.346% → −0.005%
−$34.11
Slippage, 4 orders
−$92.47
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$148.16
Costs to cover
1.145%
Break-even
2476.3 days
Slippage from KuCoin: live order book, 11 min ago; BingX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 11 min ago9.12 bp37.2 bp −$37457.0 bp −$4,570doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago3.42 bp23.0 bp −$2357.8 bp −$578285.9 bp −$28.6K581.8 bp −$290.9K

GRASS on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya GRASSRUSDPERP−0.0113%1h0.4325−0.122%$65015xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267−1.455%$7$23K5.5xas long as short
Hyperliquid GRASS+0.0100%1h0.4332+0.051%$16.1M$3.5M3xas long as short
Bybit GRASSUSDT+0.0100%4h0.4312−0.416%$24.3M$13.5M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4313−0.393%$3.1M$11.7M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4316−0.323%$1.2M$1.5M50xas long as short
Bitget GRASSUSDT+0.0100%4h0.4312−0.425%$5.0M$2.7M75xas long as short
Variational Omni GRASS+0.0100%4h0.4301−0.660%$2.1M$1.2Mas long as short
Extended GRASS-USD+0.0176%1h0.4307−0.521%$213K$823K10xas long as short
MEXC GRASS_USDT+0.0178%4h0.4321−0.208%$1.2M$1.9M100xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance GRASSUSDT+0.0178%4h0.4319−0.259%$10.3M$22.9M75xas long as short
KuCoin GRASSUSDTMlong+0.0206%4h0.4330long leg$1.4M$1.3M50x
BingX GRASS-USDTshort+0.0208%4h0.4315−0.346%$7.3M
BloFin GRASS-USDT+0.0215%4h0.4329−0.023%$560K$290K20xas long as short
Aster GRASSUSDT+0.1010%4h0.4321−0.211%$76K$193K10xas long as short
Kraken Futures PF_GRASSUSD+0.1346%1h0.4334+0.087%$153K$112K20xas long as short
Lighter GRASS+0.1936%1h0.4346+0.363%$848K$763K5xas long as short