Funding you earn now, next payment 00:00 UTC+0.0168%/8h= +18.3% APRnext payment +$0.84 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against OKX−1.113%103s7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$900.900% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 3 days (all we have)+1.162%+$116 · spread now −1.113%, 7d avg +0.073%
=Funding pays, the price is against you. BloFin is 1.187% cheaper against OKX than usual: you would sell low and buy high (spread −1.113% now, against its 7-day average of +0.073%). If the spread goes back, that is −$119 on $10k: about 24 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.017% in total) that is about 16 months. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GRASS-USDT-SWAP | 0.4401 | 0.0100 | pay 0.0050% / 4h | 1h 21m | $3.2M | $10.7M | 20x |
| Short | BloFin GRASS-USDT | 0.4352 | 0.0268 | get 0.0134% / 4h | 1h 21m | $538K | $287K | 20x |
OKX GRASS-USDT-SWAP
BloFin GRASS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $35.18
- Price spread: −1.113% → +0.073%
- −$118.69
- Slippage, 4 orders
- −$68.01
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$173.52
- Costs to cover
- 0.900%
- Break-even
- 41.5 days
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 60 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, 2 min ago | 3.43 bp | 24.5 bp −$25 | 60.9 bp −$609 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 60 min ago | 3.34 bp | 19.4 bp −$19 | 31.9 bp −$319 | 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 | −0.0114% | 1h | 0.4391 | −0.230% | $660 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −3.045% | $7 | $23K | 5.5x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4398 | −0.068% | $24.9M | $12.9M | 25x | as long as short |
| OKX GRASS-USDT-SWAPlong | +0.0100% | 4h | 0.4401 | long leg | $3.2M | $10.7M | 20x | |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4416 | +0.341% | $1.2M | $1.4M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4392 | −0.204% | $5.1M | $2.6M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4266 | −3.068% | $2.1M | $1.1M | — | as long as short |
| KuCoin GRASSUSDTM | +0.0168% | 4h | 0.4421 | +0.454% | $1.5M | $1.2M | 50x | as long as short |
| BingX GRASS-USDT | +0.0226% | 4h | 0.4402 | +0.023% | — | $7.2M | — | as long as short |
| MEXC GRASS_USDT | +0.0260% | 4h | 0.4414 | +0.295% | $1.3M | $1.8M | 100x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Bybit GRASSUSDT
Gate GRASS_USDT
Bitget GRASSUSDT
Variational Omni GRASS
KuCoin GRASSUSDTM
BingX GRASS-USDT
MEXC GRASS_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GRASS-USD | +0.0264% | 1h | 0.4409 | +0.192% | $218K | $823K | 10x | as long as short |
| Binance GRASSUSDT | +0.0265% | 4h | 0.4404 | +0.068% | $10.4M | $21.2M | 75x | as long as short |
| BloFin GRASS-USDTshort | +0.0268% | 4h | 0.4352 | −1.113% | $538K | $287K | 20x | |
| Hyperliquid GRASS | +0.0686% | 1h | 0.4406 | +0.107% | $16.5M | $3.3M | 3x | as long as short |
| Aster GRASSUSDT | +0.1180% | 4h | 0.4419 | +0.409% | $67K | $180K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1451% | 1h | 0.4421 | +0.445% | $160K | $98K | 20x | as long as short |
| Lighter GRASS | +0.2808% | 1h | 0.4432 | +0.711% | $863K | $753K | 5x | as long as short |
Extended GRASS-USD
Binance GRASSUSDT
Hyperliquid GRASS
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Lighter GRASS