Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against OKX−0.199%7-day average +0.091% · you buy dearer than you sell

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$111as in the Price arb table

costs, in and out, $10k−$820.819% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 7 days+0.352%+$35 · spread now −0.199%, 7d avg +0.091%

Together, before fees+0.360%+$36 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.291% cheaper against OKX than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of +0.091%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRASS-USDT-SWAP	0.4198	0.0100	pay 0.0050% / 4h	2h 53m	$3.2M	$14.0M	20x
Short	Binance GRASSUSDT	0.4190	0.0100	get 0.0050% / 4h	2h 53m	$9.9M	$27.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now −0.199%Rate

Funding earned: $0
Price spread: −0.199% → +0.091%: −$29.08
Slippage, 4 orders: −$61.94
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$111.02
Costs to cover: 0.819%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Binance: live order book, 2 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 OKX live order book, 4 min ago	1.20 bp	22.1 bp −$22	68.3 bp −$683	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	2.40 bp	20.1 bp −$20	45.2 bp −$452	364.7 bp −$36.5K	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	0.4183	−0.366%	$628	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+1.644%	$7	$23K	5.5x	as long as short
Binance GRASSUSDTshort	+0.0100%	4h	0.4190	−0.199%	$9.9M	$27.1M	75x
Bybit GRASSUSDT	+0.0100%	4h	0.4186	−0.286%	$23.7M	$15.4M	25x	as long as short
OKX GRASS-USDT-SWAPlong	+0.0100%	4h	0.4198	long leg	$3.2M	$14.0M	20x
Gate GRASS_USDT	+0.0100%	4h	0.4182	−0.381%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4198	0.000%	$1.2M	$2.2M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4192	−0.136%	$4.9M	$3.0M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4187	−0.262%	—	$7.3M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4149	−1.159%	$2.0M	$1.2M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRASS-USD	+0.0104%	1h	0.4196	−0.041%	$207K	$900K	10x	as long as short
BloFin GRASS-USDT	+0.0137%	4h	0.4180	−0.429%	$534K	$294K	20x	as long as short
KuCoin GRASSUSDTM	+0.0224%	4h	0.4188	−0.238%	$1.3M	$1.5M	50x	as long as short
Aster GRASSUSDT	+0.0552%	4h	0.4181	−0.407%	$68K	$209K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.0634%	1h	0.4185	−0.302%	$149K	$127K	20x	as long as short
Hyperliquid GRASS	+0.1434%	1h	0.4198	+0.002%	$15.8M	$3.8M	3x	as long as short
Lighter GRASS	+0.2024%	1h	0.4203	+0.121%	$820K	$780K	5x	as long as short