Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against KuCoin+0.082%7-day average −0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$261as in the Funding arb table

Net, price: spread back to 7d avg − costs−$248as in the Price arb table

costs, in and out, $10k−$2612.611% of the position

Long on KuCoin Short on Bitget

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−0.105%−$11 · spread now +0.082%, 7d avg −0.054%

Together, before fees−0.103%−$10 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: Bitget is 0.136% dearer against KuCoin than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRASSUSDTM	0.4494	0.0100	pay 0.0050% / 4h	2h 37m	$1.5M	$924K	50x
Short	Bitget GRASSUSDT	0.4498	0.0100	get 0.0050% / 4h	2h 37m	$5.2M	$1.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now +0.082%Rate

Funding earned: $0
Price spread: +0.082% → −0.054%: $13.59
Slippage, 4 orders: −$237.11
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$247.52
Costs to cover: 2.611%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 5 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 KuCoin live order book, 3 min ago	13.61 bp	81.9 bp −$82	463.7 bp −$4,637	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	10.12 bp	28.4 bp −$28	197.9 bp −$1,979	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	0.4418	−1.685%	$664	—	15x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4497	+0.062%	$25.1M	$10.2M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4502	+0.178%	$3.2M	$6.7M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4494	0.000%	$1.2M	$1.0M	50x	as long as short
KuCoin GRASSUSDTMlong	+0.0100%	4h	0.4494	long leg	$1.5M	$924K	50x
Bitget GRASSUSDTshort	+0.0100%	4h	0.4498	+0.082%	$5.2M	$1.9M	75x
Variational Omni GRASS	+0.0100%	4h	0.4399	−2.125%	$2.1M	$1.1M	—	as long as short
Hyperliquid GRASS	+0.0305%	1h	0.4509	+0.336%	$16.6M	$2.4M	3x	as long as short
MEXC GRASS_USDT	+0.0356%	4h	0.4496	+0.045%	$1.4M	$1.1M	100x	as long as short
Binance GRASSUSDT	+0.0359%	4h	0.4500	+0.131%	$10.9M	$13.8M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRASS-USDT	+0.0360%	4h	0.4503	+0.200%	—	$7.0M	—	as long as short
Extended GRASS-USD	+0.0360%	1h	0.4495	+0.016%	$221K	$823K	10x	as long as short
BloFin GRASS-USDT	+0.0382%	4h	0.4415	−1.758%	$564K	$256K	20x	as long as short
Lighter GRASS	+0.1416%	1h	0.4450	−0.986%	$701K	$521K	5x	as long as short
Kraken Futures PF_GRASSUSD	+0.1519%	1h	0.4431	−1.394%	$168K	$68K	20x	as long as short
Aster GRASSUSDT	+0.1542%	4h	0.4461	−0.744%	$64K	$119K	10x	as long as short
Injective GRASS/USDC PERP	+0.5000%	1h	0.4267	−5.051%	$7	$23K	5.5x	as long as short