Funding you earn now, next payment 05:00 UTC−0.1247%/8h= −136.5% APRnext payment −$1.56 per $10,000 · paid last 24h −0.142%
Price spread now: Kraken Futures against Lighter−0.227%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2612.607% of the position
Funding, last 7 days+1.196%+$120 on $10k
+Price spread, last 4 days (all we have)+0.193%+$19 · spread now −0.227%, 7d avg −0.085%
=Together, before fees+1.389%+ Points / potential airdropLighter: Season 3 · farm board+$139 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and Kraken Futures is 0.142% cheaper against Lighter than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.085%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.196%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GRASS | 0.4275 | 0.1576 | pay 0.0197% / 1h | 55m 54s | $855K | $933K | 5x |
| Short | Kraken Futures PF_GRASSUSD | 0.4265 | 0.0329 | get 0.0041% / 1h | 55m 54s | $153K | $137K | 20x |
Lighter GRASS
Kraken Futures PF_GRASSUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$261.79
- Price spread: −0.227% → −0.085%
- −$14.22
- Slippage, 4 orders
- −$250.75
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$536.76
- Costs to cover
- 2.607%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 59 min ago; Kraken Futures: live order book, 61 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, 59 min ago | 67.43 bp | 67.6 bp −$68 | 79.7 bp −$797 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 61 min ago | 36.43 bp | 66.5 bp −$67 | doesn't fit | 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 | −0.0110% | 1h | 0.4263 | −0.270% | $641 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −0.185% | $7 | $23K | 5.5x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4270 | −0.120% | $10.1M | $30.6M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4264 | −0.246% | $24.0M | $17.3M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4265 | −0.232% | $3.4M | $16.7M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4262 | −0.302% | $1.2M | $1.6M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4270 | −0.115% | $1.5M | $2.5M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4262 | −0.302% | $1.2M | $1.7M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4263 | −0.283% | $5.0M | $3.3M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4265 | −0.232% | — | $7.3M | — | 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 GRASSUSDT
BingX GRASS-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GRASS | +0.0100% | 4h | 0.4262 | −0.296% | $2.1M | $1.3M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4264 | −0.252% | $211K | $890K | 10x | as long as short |
| BloFin GRASS-USDT | +0.0143% | 4h | 0.4271 | −0.091% | $549K | $324K | 20x | as long as short |
| Kraken Futures PF_GRASSUSDshort | +0.0329% | 1h | 0.4265 | −0.227% | $153K | $137K | 20x | |
| Aster GRASSUSDT | +0.0406% | 4h | 0.4267 | −0.181% | $59K | $241K | 10x | as long as short |
| Hyperliquid GRASS | +0.0623% | 1h | 0.4271 | −0.098% | $16.2M | $4.1M | 3x | as long as short |
| Lighter GRASSlong | +0.1576% | 1h | 0.4275 | long leg | $855K | $933K | 5x |
Variational Omni GRASS
Extended GRASS-USD
BloFin GRASS-USDT
Aster GRASSUSDT
Hyperliquid GRASS