Funding you earn now, next payment 02:00 UTC+0.1956%/8h= +214.2% APRpaid last 24h +0.270%
Price spread now: Lighter against MEXC+0.354%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1801.798% of the position
Funding, last 7 days+0.796%+$80 on $10k
+Price spread, last 4 days (all we have)−0.105%−$11 · spread now +0.354%, 7d avg +0.071%
=Together, before fees+0.690%+ Points / potential airdropLighter: Season 3 · farm board+$69 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$59 a day on $10k at the current rate, and Lighter is 0.283% dearer against MEXC than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.071%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.796% in total (about 41.5% 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 | MEXC GRASS_USDT | 0.4214 | 0.0100 | pay 0.0050% / 4h | 2h 49m | $1.3M | $2.2M | 100x |
| Short | Lighter GRASS | 0.4229 | 0.2056 | get 0.0257% / 1h | 49m 41s | $826K | $781K | 5x |
MEXC GRASS_USDT
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- $410.76
- Price spread: +0.354% → +0.071%
- $28.29
- Slippage, 4 orders
- −$175.77
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $259.28
- Costs to cover
- 1.798%
- Break-even
- 2.6 days
Slippage from MEXC: live order book, 2 min ago; Lighter: live order book, 15 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 | 1.19 bp | 7.6 bp −$8 | 19.8 bp −$198 | 88.9 bp −$8,893 | doesn't fit |
| Sell Lighter live order book, 15 min ago | 68.98 bp | 71.3 bp −$71 | 158.1 bp −$1,581 | 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 | −0.0112% | 1h | 0.4213 | −0.020% | $633 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +1.258% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDT | +0.0084% | 4h | 0.4213 | −0.024% | $533K | $297K | 20x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4216 | +0.047% | $10.0M | $27.2M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4209 | −0.121% | $23.8M | $15.5M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4214 | 0.000% | $3.2M | $14.1M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4210 | −0.095% | $1.2M | $1.5M | 50x | as long as short |
| MEXC GRASS_USDTlong | +0.0100% | 4h | 0.4214 | long leg | $1.3M | $2.2M | 100x | |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4208 | −0.135% | $4.9M | $3.0M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4212 | −0.047% | — | $7.3M | — | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
BloFin GRASS-USDT
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
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 | 0.4203 | −0.253% | $2.1M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4210 | −0.094% | $213K | $906K | 10x | as long as short |
| KuCoin GRASSUSDTM | +0.0222% | 4h | 0.4217 | +0.071% | $1.3M | $1.5M | 50x | as long as short |
| Aster GRASSUSDT | +0.0594% | 4h | 0.4211 | −0.079% | $69K | $209K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0629% | 1h | 0.4215 | +0.013% | $150K | $127K | 20x | as long as short |
| Hyperliquid GRASS | +0.1343% | 1h | 0.4219 | +0.116% | $15.9M | $3.8M | 3x | as long as short |
| Lighter GRASSshort | +0.2056% | 1h | 0.4229 | +0.354% | $826K | $781K | 5x |
Variational Omni GRASS
Extended GRASS-USD
KuCoin GRASSUSDTM
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Hyperliquid GRASS