GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against KuCoin+0.071%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs−$127as in the Price arb table

costs, in and out, $10k−$1351.350% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 7 days−0.137%−$14 · spread now +0.071%, 7d avg −0.005%

Together, before fees−0.143%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.076% dearer against KuCoin than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.005%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.7 days. At the pace of the last 7 days (−0.006% in total) that is about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRASSUSDTM	0.4213	0.0138	pay 0.0069% / 4h	1h 29m	$1.4M	$1.1M	50x
Short	OKX GRASS-USDT-SWAP	0.4216	0.0100	get 0.0050% / 4h	1h 29m	$3.0M	$9.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.071%Rate

Funding earned: −$7.98
Price spread: +0.071% → −0.005%: $7.59
Slippage, 4 orders: −$113.02
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$135.41
Costs to cover: 1.350%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; OKX: live order book, 3 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, 6 min ago	7.16 bp	38.5 bp −$38	390.0 bp −$3,900	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	3.56 bp	25.8 bp −$26	66.4 bp −$664	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	0.4212	−0.024%	$633	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+1.282%	$7	$23K	5.5x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4212	−0.024%	$23.8M	$12.6M	25x	as long as short
OKX GRASS-USDT-SWAPshort	+0.0100%	4h	0.4216	+0.071%	$3.0M	$9.8M	20x
Gate GRASS_USDT	+0.0100%	4h	0.4210	−0.071%	$1.1M	$1.4M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4210	−0.074%	$4.9M	$2.5M	75x	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4216	+0.082%	$2.0M	$1.1M	—	as long as short
KuCoin GRASSUSDTMlong	+0.0138%	4h	0.4213	long leg	$1.4M	$1.1M	50x
BloFin GRASS-USDT	+0.0188%	4h	0.4218	+0.119%	$545K	$277K	20x	as long as short
Binance GRASSUSDT	+0.0205%	4h	0.4216	+0.063%	$10.0M	$20.4M	75x	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	+0.0208%	1h	0.4214	+0.028%	$208K	$823K	10x	as long as short
MEXC GRASS_USDT	+0.0208%	4h	0.4214	+0.024%	$1.3M	$1.7M	100x	as long as short
BingX GRASS-USDT	+0.0222%	4h	0.4214	+0.024%	—	$7.2M	—	as long as short
Hyperliquid GRASS	+0.0620%	1h	0.4219	+0.140%	$15.6M	$3.1M	3x	as long as short
Aster GRASSUSDT	+0.1090%	4h	0.4210	−0.063%	$62K	$165K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1523%	1h	0.4213	−0.009%	$152K	$98K	20x	as long as short
Lighter GRASS	+0.1600%	1h	0.4230	+0.404%	$739K	$640K	5x	as long as short