Funding you earn now, next payment 02:00 UTC−0.1924%/8h= −210.7% APRpaid last 24h −0.270%
Price spread now: Variational Omni against Lighter−0.819%7-day average −0.220% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.584%−$58 on $10k
+Price spread, last 4 days (all we have)+0.729%+$73 · spread now −0.819%, 7d avg −0.220%
=Together, before fees+0.145%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$58 a day on $10k at the current rate, and Variational Omni is 0.598% cheaper against Lighter than usual: you would sell low and buy high (−$60 if the spread goes back to its 7-day average of −0.220%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.584% in total (about -62.8% 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 | 0.4134 | 0.2024 | pay 0.0253% / 1h | 31m 59s | $808K | $784K | 5x |
| Short | Variational Omni GRASS | 0.4100 | 0.0100 | get 0.0050% / 4h | 2h 31m | $2.0M | $1.2M | — |
Lighter GRASS
Variational Omni GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$404.04
- Price spread: −0.819% → −0.220%
- −$59.82
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$463.86
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 33 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
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, 33 min ago | 68.98 bp | 93.4 bp −$93 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 7.33 bp | doesn't fit | 119.7 bp −$1,197 | doesn't fit | doesn't fit |
GRASS on 16 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 | −0.0112% | 1h | 0.4112 | −0.526% | $618 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +3.225% | $7 | $23K | 5.5x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4118 | −0.376% | $9.7M | $28.1M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4112 | −0.515% | $23.0M | $16.3M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4116 | −0.428% | $3.1M | $14.5M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4110 | −0.573% | $1.1M | $1.6M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4117 | −0.404% | $1.2M | $2.3M | 100x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4110 | −0.573% | $4.8M | $3.1M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4116 | −0.428% | — | $7.3M | — | as long as short |
| Variational Omni GRASSshort | +0.0100% | 4h | 0.4100 | −0.819% | $2.0M | $1.2M | — |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
Bitget GRASSUSDT
BingX GRASS-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GRASS-USD | +0.0104% | 1h | 0.4114 | −0.479% | $208K | $902K | 10x | as long as short |
| KuCoin GRASSUSDTM | +0.0164% | 4h | 0.4115 | −0.452% | $1.3M | $1.6M | 50x | as long as short |
| Aster GRASSUSDT | +0.0456% | 4h | 0.4113 | −0.500% | $66K | $212K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0645% | 1h | 0.4112 | −0.534% | $146K | $128K | 20x | as long as short |
| Hyperliquid GRASS | +0.1271% | 1h | 0.4123 | −0.256% | $15.5M | $3.9M | 3x | as long as short |
| Lighter GRASSlong | +0.2024% | 1h | 0.4134 | long leg | $808K | $784K | 5x |
Extended GRASS-USD
KuCoin GRASSUSDTM
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Hyperliquid GRASS