Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0211%/8h= −23.1% APRpaid last 24h −0.066%

Price spread now: Reya against OKX+0.001%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRASS-USDT-SWAP	0.4257	0.0100	pay 0.0050% / 4h	1h 13m	$3.3M	$15.8M	20x
Short	Reya GRASSRUSDPERP	0.4257	−0.0111	pay 0.0014% / 1h	13m 26s	$640	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.001%Rate

Funding earned: −$44.24
Price spread: +0.001% → 0.000%: $0.13
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$60.11
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 5 min ago; Reya: no order-book sample. 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 OKX live order book, 5 min ago	3.52 bp	19.4 bp −$19	55.0 bp −$550	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 GRASSRUSDPERPshort	−0.0111%	1h	0.4257	+0.001%	$640	—	15x
Kraken Futures PF_GRASSUSD	+0.0004%	1h	0.4257	+0.005%	$152K	$130K	20x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+0.235%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4261	+0.094%	$10.2M	$29.4M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4255	−0.038%	$23.8M	$16.8M	25x	as long as short
OKX GRASS-USDT-SWAPlong	+0.0100%	4h	0.4257	long leg	$3.3M	$15.8M	20x
Gate GRASS_USDT	+0.0100%	4h	0.4255	−0.047%	$1.2M	$1.6M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4261	+0.094%	$1.2M	$2.4M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4255	−0.047%	$1.3M	$1.7M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4255	−0.049%	$4.9M	$3.2M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRASS-USDT	+0.0100%	4h	0.4257	0.000%	—	$7.3M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4258	+0.016%	$2.1M	$1.2M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4257	−0.008%	$211K	$904K	10x	as long as short
BloFin GRASS-USDT	+0.0158%	4h	0.4260	+0.070%	$421K	$307K	20x	as long as short
Aster GRASSUSDT	+0.0567%	4h	0.4259	+0.047%	$66K	$226K	10x	as long as short
Hyperliquid GRASS	+0.0890%	1h	0.4266	+0.202%	$16.1M	$3.9M	3x	as long as short
Lighter GRASS	+0.1952%	1h	0.4275	+0.430%	$839K	$791K	5x	as long as short