Funding you earn now, next payment 06:00 UTC−0.1567%/8h= −171.6% APRpaid last 24h −0.327%
Price spread now: BloFin against Lighter−0.433%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$293as in the Funding arb table
Net, price: spread back to 7d avg − costs−$244as in the Price arb table
costs, in and out, $10k−$2052.046% of the position
Funding, last 7 days−0.887%−$89 on $10k
+Price spread, last 4 days (all we have)+0.400%+$40 · spread now −0.433%, 7d avg −0.040%
=Together, before fees−0.487%+ Points / potential airdropLighter: Season 3 · farm board−$49 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$47 a day on $10k at the current rate, and BloFin is 0.392% cheaper against Lighter than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of −0.040%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.887% in total (about -46.3% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GRASS | 0.4369 | 0.1640 | pay 0.0205% / 1h | 22m 41s | $843K | $980K | 5x |
| Short | BloFin GRASS-USDT | 0.4350 | 0.0073 | get 0.0036% / 4h | 2h 22m | $560K | $368K | 20x |
Lighter GRASS
BloFin GRASS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. 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
- −$329.13
- Price spread: −0.433% → −0.040%
- −$39.24
- Slippage, 4 orders
- −$192.6
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$572.96
- Costs to cover
- 2.046%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 23 min ago; BloFin: 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 Lighter live order book, 23 min ago | 29.22 bp | 124.2 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 4.57 bp | 25.8 bp −$26 | 41.8 bp −$418 | 170.4 bp −$17.0K | 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 | −0.0109% | 1h | 0.4350 | −0.442% | $654 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −2.332% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDTshort | +0.0073% | 4h | 0.4350 | −0.433% | $560K | $368K | 20x | |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4346 | −0.533% | $10.3M | $34.3M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4339 | −0.689% | $24.7M | $19.0M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4338 | −0.707% | $3.4M | $19.5M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4349 | −0.455% | $1.2M | $1.8M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4350 | −0.433% | $1.5M | $2.8M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4349 | −0.455% | $1.3M | $1.9M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4346 | −0.513% | $5.1M | $3.6M | 75x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRASS-USDT | +0.0100% | 4h | 0.4351 | −0.410% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4377 | +0.192% | $2.2M | $1.3M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4349 | −0.465% | $218K | $775K | 10x | as long as short |
| Aster GRASSUSDT | +0.0438% | 4h | 0.4350 | −0.439% | $63K | $298K | 10x | as long as short |
| Hyperliquid GRASS | +0.0486% | 1h | 0.4357 | −0.272% | $16.6M | $4.4M | 3x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1471% | 1h | 0.4359 | −0.221% | $158K | $147K | 20x | as long as short |
| Lighter GRASSlong | +0.1640% | 1h | 0.4369 | long leg | $843K | $980K | 5x |
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Aster GRASSUSDT
Hyperliquid GRASS
Kraken Futures PF_GRASSUSD