GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0058%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h +0.004%

Price spread now: BloFin against MEXC−0.070%7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$640.640% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.070%, 7d avg +0.033%

Together, before fees+0.106%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.104% cheaper against MEXC than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of +0.033%). If the spread goes back, that is −$10 on $10k: about 6.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.006% in total) that is about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GRASS_USDT	0.4263	0.0100	pay 0.0050% / 4h	1h 14m	$1.2M	$2.4M	100x
Short	BloFin GRASS-USDT	0.4260	0.0158	get 0.0079% / 4h	1h 14m	$421K	$307K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BloFinbpOrdersPrice spread, now −0.070%Rate

Funding earned: $12.16
Price spread: −0.070% → +0.033%: −$10.36
Slippage, 4 orders: −$48.03
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$62.22
Costs to cover: 0.640%
Break-even: 42.8 days

Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 26 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 MEXC live order book, 2 min ago	1.17 bp	10.7 bp −$11	37.5 bp −$375	120.3 bp −$12.0K	doesn't fit
Sell BloFin live order book, 26 min ago	3.56 bp	25.6 bp −$26	45.9 bp −$459	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	0.4259	−0.097%	$640	—	15x	as long as short
Kraken Futures PF_GRASSUSD	+0.0004%	1h	0.4260	−0.059%	$152K	$130K	20x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+0.094%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4264	+0.019%	$10.2M	$29.4M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4259	−0.084%	$23.8M	$16.8M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4263	0.000%	$3.2M	$15.8M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4259	−0.094%	$1.2M	$1.6M	50x	as long as short
MEXC GRASS_USDTlong	+0.0100%	4h	0.4263	long leg	$1.2M	$2.4M	100x
KuCoin GRASSUSDTM	+0.0100%	4h	0.4261	−0.047%	$1.3M	$1.7M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4260	−0.075%	$4.9M	$3.2M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRASS-USDT	+0.0100%	4h	0.4259	−0.094%	—	$7.3M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4258	−0.125%	$2.1M	$1.2M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4259	−0.084%	$211K	$904K	10x	as long as short
BloFin GRASS-USDTshort	+0.0158%	4h	0.4260	−0.070%	$421K	$307K	20x
Aster GRASSUSDT	+0.0570%	4h	0.4262	−0.035%	$66K	$226K	10x	as long as short
Hyperliquid GRASS	+0.0893%	1h	0.4268	+0.122%	$16.1M	$3.9M	3x	as long as short
Lighter GRASS	+0.1952%	1h	0.4280	+0.399%	$837K	$789K	5x	as long as short