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

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1057%/8h= +115.8% APRpaid last 24h +0.174%
Price spread now: Hyperliquid against KuCoin+0.071%7-day average +0.182% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.479%+$48 on $10k
Price spread, last 7 days+0.145%+$14 · spread now +0.071%, 7d avg +0.182%
Together, before fees+0.623%+ Points / potential airdropHyperliquid: Season 2 · farm board+$62 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.110% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.071% now, against its 7-day average of +0.182%). If the spread goes back, that is −$11 on $10k: about 8 hours of funding at the current rate (+$32 a day). At the pace of the last 7 days (+0.479% in total) that is about 39 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.479% in total (about 25.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GRASSUSDTM0.43530.0142pay 0.0071% / 4h1h 54m$1.5M$983K50x
ShortHyperliquid GRASS0.43560.1199get 0.0150% / 1h54m 39s$16.1M$2.7M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$221.99
Price spread: +0.071% → +0.182%
−$11.04
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$189.95
Costs to cover
0.210%
Break-even
1.0 days
Slippage unknown: KuCoin: live order book, 11 min ago; Hyperliquid: live order book, 8 min ago. Net counts fees only.

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 ago8.98 bp62.1 bp −$62421.7 bp −$4,217doesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago5.94 bp16.9 bp −$17doesn't fitdoesn'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−0.0114%1h0.4374+0.477%$65715xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267−1.976%$7$23K5.5xas long as short
Bybit GRASSUSDT+0.0100%4h0.4344−0.204%$24.3M$11.2M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4341−0.276%$3.2M$8.6M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4347−0.138%$1.2M$1.3M50xas long as short
Bitget GRASSUSDT+0.0100%4h0.4356+0.067%$5.2M$2.2M75xas long as short
Variational Omni GRASS+0.0100%4h0.4451+2.254%$2.2M$1.1Mas long as short
KuCoin GRASSUSDTMlong+0.0142%4h0.4353long leg$1.5M$983K50x
BloFin GRASS-USDT+0.0357%4h0.4380+0.620%$583K$271K20xas long as short
Binance GRASSUSDT+0.0360%4h0.4352−0.015%$10.8M$17.6M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GRASS_USDT+0.0374%4h0.4354+0.023%$1.5M$1.5M100xas long as short
Extended GRASS-USD+0.0376%1h0.4349−0.085%$214K$823K10xas long as short
BingX GRASS-USDT+0.0376%4h0.4354+0.023%$7.1Mas long as short
Hyperliquid GRASSshort+0.1199%1h0.4356+0.071%$16.1M$2.7M3x
Aster GRASSUSDT+0.1390%4h0.4359+0.141%$64K$131K10xas long as short
Kraken Futures PF_GRASSUSD+0.1468%1h0.4371+0.421%$161K$87K20xas long as short
Lighter GRASS+0.2112%1h0.4370+0.386%$762K$635K5xas long as short