GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0204%/8h= +22.3% APRnext payment +$1.02 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against OKX+0.046%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$910.915% of the position

Long on OKX Short on BingX

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−0.021%−$2 · spread now +0.046%, 7d avg −0.001%

Together, before fees−0.013%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.047% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.001%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.02 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	OKX GRASS-USDT-SWAP	0.4366	0.0100	pay 0.0050% / 4h	2h 53m	$3.1M	$5.3M	20x
Short	BingX GRASS-USDT	0.4368	0.0304	get 0.0152% / 4h	2h 53m	—	$7.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.046%Rate

Funding earned: $42.84
Price spread: +0.046% → −0.001%: $4.73
Slippage, 4 orders: −$71.5
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$43.93
Costs to cover: 0.915%
Break-even: 14.2 days

Slippage from OKX: live order book, 4 min ago; BingX: live order book, 14 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	1.15 bp	22.8 bp −$23	63.9 bp −$639	doesn't fit	doesn't fit
Sell BingX live order book, 14 min ago	5.80 bp	23.8 bp −$24	78.4 bp −$784	380.0 bp −$38.0K	721.0 bp −$360.5K

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	0.4367	+0.022%	$656	—	15x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4366	−0.009%	$24.1M	$8.9M	25x	as long as short
OKX GRASS-USDT-SWAPlong	+0.0100%	4h	0.4366	long leg	$3.1M	$5.3M	20x
Gate GRASS_USDT	+0.0100%	4h	0.4376	+0.229%	$1.2M	$916K	50x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4373	+0.160%	$1.5M	$857K	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4377	+0.252%	$5.1M	$1.8M	75x	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4331	−0.802%	$1.4M	$317K	—	as long as short
BloFin GRASS-USDT	+0.0266%	4h	0.4371	+0.115%	$553K	$248K	20x	as long as short
BingX GRASS-USDTshort	+0.0304%	4h	0.4368	+0.046%	—	$7.0M	—
MEXC GRASS_USDT	+0.0326%	4h	0.4365	−0.023%	$1.4M	$889K	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance GRASSUSDT	+0.0327%	4h	0.4371	+0.115%	$10.5M	$11.7M	75x	as long as short
Extended GRASS-USD	+0.0328%	1h	0.4355	−0.261%	$215K	$817K	10x	as long as short
Hyperliquid GRASS	+0.0415%	1h	0.4376	+0.234%	$16.2M	$2.2M	3x	as long as short
Lighter GRASS	+0.1136%	1h	0.4393	+0.612%	$697K	$502K	5x	as long as short
Kraken Futures PF_GRASSUSD	+0.1539%	1h	0.4375	+0.207%	$165K	$58K	20x	as long as short
Aster GRASSUSDT	+0.1540%	4h	0.4389	+0.520%	$67K	$109K	10x	as long as short
Injective GRASS/USDC PERP	+0.5000%	1h	0.4267	−2.268%	$7	$23K	5.5x	as long as short