Funding you earn now, next payment 00:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.13 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against KuCoin−0.466%65s7-day average +0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1091.094% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 3 days (all we have)+0.546%+$55 · spread now −0.466%, 7d avg +0.122%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.588% cheaper against KuCoin than usual: you would sell low and buy high (−$59 if the spread goes back to its 7-day average of +0.122%). Swap the legs. The two prices were read 65 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 | KuCoin GRASSUSDTM | 0.4289 | 0.0214 | pay 0.0107% / 4h | 48m 15s | $1.3M | $1.3M | 50x |
| Short | BloFin GRASS-USDT | 0.4269 | 0.0187 | get 0.0094% / 4h | 48m 15s | $548K | $286K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$5.67
- Price spread: −0.466% → +0.122%
- −$58.85
- Slippage, 4 orders
- −$85.38
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$173.9
- Costs to cover
- 1.094%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; BloFin: live order book, 28 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, 7 min ago | 6.93 bp | 30.6 bp −$31 | 681.6 bp −$6,816 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 28 min ago | 6.85 bp | 25.0 bp −$25 | 55.8 bp −$558 | 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 | −0.0113% | 1h | 0.4291 | +0.052% | $645 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −0.513% | $7 | $23K | 5.5x | as long as short |
| Hyperliquid GRASS | +0.0100% | 1h | 0.4301 | +0.291% | $16.0M | $3.5M | 3x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4295 | +0.147% | $24.2M | $13.6M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4291 | +0.047% | $3.2M | $11.9M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4284 | −0.117% | $1.1M | $1.5M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4279 | −0.233% | $5.0M | $2.7M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4316 | +0.629% | $2.1M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0136% | 1h | 0.4293 | +0.087% | $211K | $823K | 10x | as long as short |
| Binance GRASSUSDT | +0.0137% | 4h | 0.4295 | +0.142% | $10.2M | $23.2M | 75x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GRASS_USDT | +0.0148% | 4h | 0.4295 | +0.140% | $1.3M | $2.0M | 100x | as long as short |
| BingX GRASS-USDT | +0.0178% | 4h | 0.4281 | −0.187% | — | $7.2M | — | as long as short |
| BloFin GRASS-USDTshort | +0.0187% | 4h | 0.4269 | −0.466% | $548K | $286K | 20x | |
| KuCoin GRASSUSDTMlong | +0.0214% | 4h | 0.4289 | long leg | $1.3M | $1.3M | 50x | |
| Aster GRASSUSDT | +0.0923% | 4h | 0.4283 | −0.138% | $74K | $194K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1358% | 1h | 0.4296 | +0.160% | $151K | $112K | 20x | as long as short |
| Lighter GRASS | +0.1840% | 1h | 0.4312 | +0.539% | $842K | $763K | 5x | as long as short |
KuCoin GRASSUSDTM
BloFin GRASS-USDT
Injective GRASS/USDC PERP
Hyperliquid GRASS
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Bitget GRASSUSDT
Variational Omni GRASS
Extended GRASS-USD
Binance GRASSUSDT
MEXC GRASS_USDT
BingX GRASS-USDT
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Lighter GRASS