Funding you earn now, next payment 03:00 UTC−0.1772%/8h= −194.0% APRpaid last 24h −0.283%
Price spread now: Gate against Lighter−0.374%7-day average −0.188% · you buy dearer than you sell
Net, funding: paid 7d − costs−$374as in the Funding arb table
Net, price: spread back to 7d avg − costs−$303as in the Price arb table
costs, in and out, $10k−$2852.848% of the position
Funding, last 7 days−0.890%−$89 on $10k
+Price spread, last 4 days (all we have)−0.274%−$27 · spread now −0.374%, 7d avg −0.188%
=Together, before fees−1.164%+ Points / potential airdropLighter: Season 3 · farm board−$116 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$53 a day on $10k at the current rate, and Gate is 0.186% cheaper against Lighter than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.188%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.890% in total (about -46.4% 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 | 0.4200 | 0.1872 | pay 0.0234% / 1h | 44m 45s | $821K | $786K | 5x |
| Short | Gate GRASS_USDT | 0.4184 | 0.0100 | get 0.0050% / 4h | 1h 44m | $1.1M | $1.5M | 50x |
Lighter GRASS
Gate GRASS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$372.12
- Price spread: −0.374% → −0.188%
- −$18.58
- Slippage, 4 orders
- −$269.76
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$675.46
- Costs to cover
- 2.848%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 15 min ago; Gate: 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 Lighter live order book, 15 min ago | 43.13 bp | 122.8 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 7.23 bp | 56.0 bp −$56 | 768.2 bp −$7,682 | 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 | −0.0111% | 1h | 0.4174 | −0.622% | $627 | — | 15x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0004% | 1h | 0.4174 | −0.615% | $149K | $128K | 20x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +1.602% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDT | +0.0074% | 4h | 0.4170 | −0.707% | $530K | $298K | 20x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4182 | −0.421% | $10.0M | $28.8M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4177 | −0.541% | $23.3M | $16.5M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4184 | −0.374% | $3.2M | $15.1M | 20x | as long as short |
| Gate GRASS_USDTshort | +0.0100% | 4h | 0.4184 | −0.374% | $1.1M | $1.5M | 50x | |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4187 | −0.302% | $1.2M | $2.3M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4186 | −0.326% | $1.2M | $1.6M | 50x | as long as short |
Reya GRASSRUSDPERP
Kraken Futures PF_GRASSUSD
Injective GRASS/USDC PERP
BloFin GRASS-USDT
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
MEXC GRASS_USDT
KuCoin GRASSUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4181 | −0.448% | $4.8M | $3.2M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4184 | −0.374% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4148 | −1.236% | $2.1M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4187 | −0.304% | $207K | $908K | 10x | as long as short |
| Aster GRASSUSDT | +0.0475% | 4h | 0.4177 | −0.545% | $64K | $224K | 10x | as long as short |
| Hyperliquid GRASS | +0.1054% | 1h | 0.4193 | −0.167% | $15.8M | $3.9M | 3x | as long as short |
| Lighter GRASSlong | +0.1872% | 1h | 0.4200 | long leg | $821K | $786K | 5x |
Bitget GRASSUSDT
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Aster GRASSUSDT
Hyperliquid GRASS