Funding you earn now, next payment 23:00 UTC+0.2708%/8h= +296.5% APRpaid last 24h +0.195%
Price spread now: Lighter against OKX+0.213%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1371.368% of the position
Funding, last 7 days+0.713%+$71 on $10k
+Price spread, last 4 days (all we have)−0.206%−$21 · spread now +0.213%, 7d avg +0.087%
=Together, before fees+0.507%+ Points / potential airdropLighter: Season 3 · farm board+$51 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$81 a day on $10k at the current rate, and Lighter is 0.126% dearer against OKX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.087%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.713% in total (about 37.2% a year). A funding rate is set anew for every payment. 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 | 0.4415 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $3.2M | $10.7M | 20x |
| Short | Lighter GRASS | 0.4424 | 0.2808 | get 0.0351% / 1h | 22m 16s | $853K | $746K | 5x |
OKX GRASS-USDT-SWAP
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $568.68
- Price spread: +0.213% → +0.087%
- $12.64
- Slippage, 4 orders
- −$126.84
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $444.48
- Costs to cover
- 1.368%
- Break-even
- 1.5 days
Slippage from OKX: live order book, 6 min ago; Lighter: live order book, 57 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, 6 min ago | 3.51 bp | 21.4 bp −$21 | 61.7 bp −$617 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 57 min ago | 0.11 bp | 4.1 bp −$4 | 102.0 bp −$1,020 | 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 | 0.4407 | −0.182% | $662 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −3.352% | $7 | $23K | 5.5x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4407 | −0.174% | $24.9M | $12.8M | 25x | as long as short |
| OKX GRASS-USDT-SWAPlong | +0.0100% | 4h | 0.4415 | long leg | $3.2M | $10.7M | 20x | |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4405 | −0.227% | $1.2M | $1.4M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4408 | −0.165% | $5.1M | $2.6M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4266 | −3.376% | $2.1M | $1.1M | — | as long as short |
| KuCoin GRASSUSDTM | +0.0160% | 4h | 0.4410 | −0.113% | $1.5M | $1.2M | 50x | as long as short |
| BingX GRASS-USDT | +0.0226% | 4h | 0.4408 | −0.159% | — | $7.2M | — | as long as short |
| MEXC GRASS_USDT | +0.0260% | 4h | 0.4414 | −0.023% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GRASSUSDT | +0.0262% | 4h | 0.4415 | 0.000% | $10.4M | $21.1M | 75x | as long as short |
| Extended GRASS-USD | +0.0264% | 1h | 0.4412 | −0.076% | $217K | $823K | 10x | as long as short |
| BloFin GRASS-USDT | +0.0268% | 4h | 0.4352 | −1.427% | $538K | $287K | 20x | as long as short |
| Hyperliquid GRASS | +0.0682% | 1h | 0.4416 | +0.014% | $16.6M | $3.2M | 3x | as long as short |
| Aster GRASSUSDT | +0.1180% | 4h | 0.4407 | −0.189% | $67K | $179K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1451% | 1h | 0.4421 | +0.127% | $160K | $98K | 20x | as long as short |
| Lighter GRASSshort | +0.2808% | 1h | 0.4424 | +0.213% | $853K | $746K | 5x |
Binance GRASSUSDT
Extended GRASS-USD
BloFin GRASS-USDT
Hyperliquid GRASS
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD