Funding you earn now, next payment 00:00 UTC−0.0226%/8h= −24.7% APRnext payment −$1.13 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against MEXC−0.460%7-day average −0.175% · 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)0.000%$0 on $10k
+Price spread, last 7 days+0.252%+$25 · spread now −0.460%, 7d avg −0.175%
=Together, before fees+0.252%+ Points / potential airdropVariational Omni: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.286% cheaper against MEXC than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.175%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.13 per $10,000. 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 | 0.4351 | 0.0326 | pay 0.0163% / 4h | 2h 51m | $1.4M | $894K | 100x |
| Short | Variational Omni GRASS | 0.4331 | 0.0100 | get 0.0050% / 4h | 2h 51m | $1.4M | $317K | — |
MEXC GRASS_USDT
Variational Omni GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$47.46
- Price spread: −0.460% → −0.175%
- −$28.55
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$80.01
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 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 MEXC live order book, 5 min ago | 3.43 bp | 9.7 bp −$10 | 25.0 bp −$250 | 97.1 bp −$9,713 | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 5.72 bp | doesn't fit | 42.3 bp −$423 | 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 | −0.0115% | 1h | 0.4356 | +0.111% | $655 | — | 15x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4347 | −0.092% | $24.0M | $8.9M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4354 | +0.069% | $3.1M | $5.4M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4347 | −0.092% | $1.2M | $920K | 50x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4351 | 0.000% | $1.5M | $857K | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4347 | −0.083% | $5.0M | $1.8M | 75x | as long as short |
| Variational Omni GRASSshort | +0.0100% | 4h | 0.4331 | −0.460% | $1.4M | $317K | — | |
| BingX GRASS-USDT | +0.0304% | 4h | 0.4348 | −0.069% | — | $7.0M | — | as long as short |
| Extended GRASS-USD | +0.0320% | 1h | 0.4347 | −0.096% | $215K | $817K | 10x | as long as short |
| Binance GRASSUSDT | +0.0324% | 4h | 0.4352 | +0.027% | $10.5M | $11.8M | 75x | as long as short |
Reya GRASSRUSDPERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDT
BingX GRASS-USDT
Extended GRASS-USD
Binance GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GRASS_USDTlong | +0.0326% | 4h | 0.4351 | long leg | $1.4M | $894K | 100x | |
| BloFin GRASS-USDT | +0.0351% | 4h | 0.4361 | +0.230% | $558K | $248K | 20x | as long as short |
| Hyperliquid GRASS | +0.0369% | 1h | 0.4353 | +0.048% | $16.1M | $2.2M | 3x | as long as short |
| Lighter GRASS | +0.1184% | 1h | 0.4370 | +0.448% | $693K | $503K | 5x | as long as short |
| Aster GRASSUSDT | +0.1534% | 4h | 0.4364 | +0.310% | $63K | $109K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1547% | 1h | 0.4353 | +0.039% | $164K | $58K | 20x | as long as short |
| Injective GRASS/USDC PERP | +0.5000% | 1h | 0.4267 | −1.931% | $7 | $23K | 5.5x | as long as short |
BloFin GRASS-USDT
Hyperliquid GRASS
Lighter GRASS
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Injective GRASS/USDC PERP