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−0.0027%/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 − costsprices read too far apart to compare
costs, in and out, $10k−$1091.094% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees+0.558%+$56 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GRASSUSDTM0.42890.0214pay 0.0107% / 4h48m 15s$1.3M$1.3M50x
ShortBloFin GRASS-USDT0.42690.0187get 0.0094% / 4h48m 15s$548K$286K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 7 min ago6.93 bp30.6 bp −$31681.6 bp −$6,816doesn't fitdoesn't fit
Sell BloFin live order book, 28 min ago6.85 bp25.0 bp −$2555.8 bp −$558doesn't fitdoesn't fit

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%1h0.4291+0.052%$64515xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267−0.513%$7$23K5.5xas long as short
Hyperliquid GRASS+0.0100%1h0.4301+0.291%$16.0M$3.5M3xas long as short
Bybit GRASSUSDT+0.0100%4h0.4295+0.147%$24.2M$13.6M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4291+0.047%$3.2M$11.9M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4284−0.117%$1.1M$1.5M50xas long as short
Bitget GRASSUSDT+0.0100%4h0.4279−0.233%$5.0M$2.7M75xas long as short
Variational Omni GRASS+0.0100%4h0.4316+0.629%$2.1M$1.2Mas long as short
Extended GRASS-USD+0.0136%1h0.4293+0.087%$211K$823K10xas long as short
Binance GRASSUSDT+0.0137%4h0.4295+0.142%$10.2M$23.2M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GRASS_USDT+0.0148%4h0.4295+0.140%$1.3M$2.0M100xas long as short
BingX GRASS-USDT+0.0178%4h0.4281−0.187%$7.2Mas long as short
BloFin GRASS-USDTshort+0.0187%4h0.4269−0.466%$548K$286K20x
KuCoin GRASSUSDTMlong+0.0214%4h0.4289long leg$1.3M$1.3M50x
Aster GRASSUSDT+0.0923%4h0.4283−0.138%$74K$194K10xas long as short
Kraken Futures PF_GRASSUSD+0.1358%1h0.4296+0.160%$151K$112K20xas long as short
Lighter GRASS+0.1840%1h0.4312+0.539%$842K$763K5xas long as short