Funding you earn now, next payment 04:00 UTC−0.0110%/8h= −12.0% APRnext payment −$0.55 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against KuCoin−0.024%7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$890.888% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.105%+$11 · spread now −0.024%, 7d avg +0.074%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.098% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.074%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GRASSUSDTM | 0.4209 | 0.0210 | pay 0.0105% / 4h | 3h 07m | $1.3M | $1.5M | 50x |
| Short | MEXC GRASS_USDT | 0.4208 | 0.0100 | get 0.0050% / 4h | 3h 07m | $1.2M | $2.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$23.1
- Price spread: −0.024% → +0.074%
- −$9.77
- Slippage, 4 orders
- −$72.84
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$121.71
- Costs to cover
- 0.888%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; MEXC: live order book, 4 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 | 8.32 bp | 33.1 bp −$33 | 708.5 bp −$7,085 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 3.58 bp | 12.6 bp −$13 | 26.5 bp −$265 | 99.4 bp −$9,936 | 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 | −0.0112% | 1h | 0.4208 | −0.026% | $632 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +1.378% | $7 | $23K | 5.5x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4209 | 0.000% | $10.0M | $26.7M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4206 | −0.069% | $23.8M | $15.3M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4206 | −0.071% | $3.2M | $13.9M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4205 | −0.095% | $1.2M | $1.5M | 50x | as long as short |
| MEXC GRASS_USDTshort | +0.0100% | 4h | 0.4208 | −0.024% | $1.2M | $2.2M | 100x | |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4203 | −0.150% | $4.9M | $3.0M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4206 | −0.071% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4185 | −0.575% | $2.0M | $1.2M | — | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GRASS-USD | +0.0104% | 1h | 0.4207 | −0.052% | $207K | $900K | 10x | as long as short |
| BloFin GRASS-USDT | +0.0107% | 4h | 0.4210 | +0.024% | $533K | $304K | 20x | as long as short |
| KuCoin GRASSUSDTMlong | +0.0210% | 4h | 0.4209 | long leg | $1.3M | $1.5M | 50x | |
| Kraken Futures PF_GRASSUSD | +0.0278% | 1h | 0.4207 | −0.054% | $150K | $127K | 20x | as long as short |
| Aster GRASSUSDT | +0.0606% | 4h | 0.4203 | −0.142% | $68K | $209K | 10x | as long as short |
| Hyperliquid GRASS | +0.0631% | 1h | 0.4216 | +0.173% | $15.8M | $3.7M | 3x | as long as short |
| Lighter GRASS | +0.2080% | 1h | 0.4225 | +0.375% | $825K | $783K | 5x | as long as short |
KuCoin GRASSUSDTM
MEXC GRASS_USDT
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Bitget GRASSUSDT
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
BloFin GRASS-USDT
Kraken Futures PF_GRASSUSD
Aster GRASSUSDT
Hyperliquid GRASS
Lighter GRASS