Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0204%/8h= −22.4% APRpaid last 24h −0.064%

Price spread now: Reya against MEXC+0.091%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Reya

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Reya is 0.091% dearer against MEXC than usual: you sell high and buy low (spread +0.091% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GRASS_USDT	0.4443	0.0100	pay 0.0050% / 4h	11m 03s	$1.8M	$3.8M	100x
Short	Reya GRASSRUSDPERP	0.4447	−0.0104	pay 0.0013% / 1h	11m 03s	$668	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.091%Rate

Funding earned: −$42.92
Price spread: +0.091% → 0.000%: $9.13
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Reya: 3 bp × 2 orders: −$6
Net: −$43.79
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; Reya: no order-book sample. 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 MEXC live order book, 4 min ago	1.12 bp	6.6 bp −$7	23.9 bp −$239	83.5 bp −$8,353	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

GRASS on 17 exchanges

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 GRASSRUSDPERPshort	−0.0104%	1h	0.4447	+0.091%	$668	—	15x
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−3.961%	$7	$23K	5.5x	as long as short
Kraken Futures PF_GRASSUSD	+0.0092%	1h	0.4452	+0.197%	$161K	$181K	20x	as long as short
Hyperliquid GRASS	+0.0100%	1h	0.4457	+0.306%	$16.9M	$5.6M	3x	as long as short
Aster GRASSUSDT	+0.0100%	4h	0.4451	+0.183%	$67K	$439K	10x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4446	+0.062%	$10.6M	$51.6M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4441	−0.041%	$25.5M	$25.8M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4442	−0.023%	$3.5M	$27.5M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4448	+0.113%	$1.2M	$2.2M	50x	as long as short
MEXC GRASS_USDTlong	+0.0100%	4h	0.4443	long leg	$1.8M	$3.8M	100x

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GRASSUSDTM	+0.0100%	4h	0.4446	+0.068%	$1.3M	$2.8M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4440	−0.068%	$5.2M	$5.4M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4449	+0.135%	—	$7.7M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4454	+0.253%	$2.2M	$1.6M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4439	−0.091%	$223K	$1.3M	10x	as long as short
BloFin GRASS-USDT	+0.0157%	4h	0.4452	+0.203%	$564K	$566K	20x	as long as short
Lighter GRASS	+0.0944%	1h	0.4470	+0.599%	$867K	$1.1M	5x	as long as short