Funding you earn now, next payment 03:00 UTC−0.1796%/8h= −196.7% APRpaid last 24h −0.283%
Price spread now: MEXC against Lighter−0.300%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$278as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$1971.967% of the position
Funding, last 7 days−0.817%−$82 on $10k
+Price spread, last 4 days (all we have)−0.377%−$38 · spread now −0.300%, 7d avg −0.079%
=Together, before fees−1.195%+ Points / potential airdropLighter: Season 3 · farm board−$119 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$54 a day on $10k at the current rate, and MEXC is 0.222% cheaper against Lighter than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.079%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.817% in total (about -42.6% 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 | 0.4230 | 0.1896 | pay 0.0237% / 1h | 40m 29s | $826K | $786K | 5x |
| Short | MEXC GRASS_USDT | 0.4217 | 0.0100 | get 0.0050% / 4h | 1h 40m | $1.2M | $2.3M | 100x |
Lighter GRASS
MEXC GRASS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$377.16
- Price spread: −0.300% → −0.079%
- −$22.15
- Slippage, 4 orders
- −$192.72
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$596.04
- Costs to cover
- 1.967%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 19 min ago; MEXC: live order book, 6 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, 19 min ago | 43.13 bp | 122.8 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 3.61 bp | 10.3 bp −$10 | 37.8 bp −$378 | 114.7 bp −$11.5K | 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 | 0.4209 | −0.481% | $632 | — | 15x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0004% | 1h | 0.4211 | −0.446% | $150K | $130K | 20x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +0.882% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDT | +0.0052% | 4h | 0.4208 | −0.513% | $534K | $301K | 20x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4216 | −0.324% | $10.1M | $28.8M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4208 | −0.508% | $23.4M | $16.6M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4213 | −0.395% | $3.2M | $15.3M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4210 | −0.466% | $1.1M | $1.5M | 50x | as long as short |
| MEXC GRASS_USDTshort | +0.0100% | 4h | 0.4217 | −0.300% | $1.2M | $2.3M | 100x | |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4210 | −0.466% | $1.3M | $1.7M | 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
Gate 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 | 0.4208 | −0.520% | $4.9M | $3.2M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4211 | −0.442% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4207 | −0.532% | $2.1M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4210 | −0.459% | $208K | $908K | 10x | as long as short |
| Aster GRASSUSDT | +0.0518% | 4h | 0.4215 | −0.348% | $65K | $225K | 10x | as long as short |
| Hyperliquid GRASS | +0.1062% | 1h | 0.4217 | −0.298% | $15.9M | $3.9M | 3x | as long as short |
| Lighter GRASSlong | +0.1896% | 1h | 0.4230 | long leg | $826K | $786K | 5x |
Bitget GRASSUSDT
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Aster GRASSUSDT
Hyperliquid GRASS